5114 5116 Avenue N Prime Income Producing Investment Opportunity Discover an exceptional investment opportunity at 5114 5116 Avenue N, featuring a substantial 90' x 140' building located on Block 7896, ...


Property

Website:https://www.nestseekers.com/5602028
Address:
New York, NY 11234
Ownership: For Sale
Type: Unknown
Bedrooms: Studio
Lot Size: 0.2 Acres

Financials

Price:$3,600,000
Annual Taxes:$25,358.12

Description

5114–5116 Avenue N – Prime Income-Producing Investment Opportunity Discover an exceptional investment opportunity at 5114–5116 Avenue N, featuring a substantial 90' x 140' building located on Block 7896, Lot 46. This well-positioned income-producing property generates an impressive annual net operating income of $139,664.28, offering investors strong and consistent cash flow. Adding to its appeal, the property benefits from a nearby parking lot, providing convenient parking for tenants, employees, and visitors—an increasingly valuable amenity that enhances accessibility and the overall desirability of the property. Property Highlights: Building Size: 90' x 140' Block/Lot: Block 7896 / Lot 46 Annual Net Operating Income: $139,664.28 Parking lot located nearby for added convenience Strong, stable cash flow Excellent long-term investment opportunity

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of 5 Boro Realty Corp