- For Sale $6,950,000/SF
- Property Type Mixed Use
- Property Size 6,760 SF
- Lot Size 2,600 SF
- # of Floors 4
- Year Built 1920
- Date Updated Feb 24, 2025
TerraCRG has been retained to exclusively represent ownership in the sale of the mixed-use building at 51 5th Avenue in Park Slope. The fully occupied property consists of 6 residential units and 1 large commercial space across a total of 6,760 square feet. 5 of the 6 apartments are free-market and fully renovated, with condo-quality finishes and achieving an average rent of $90/SF. Each unit is a 2 bed-1 bath and has its own washer/dryer.
The 26-foot-wide building has low expenses as it is tax-class protected and the retail tenant, a popular dog-day care center (Lickers & Sniffers), covers a portion of the property taxes. The building also has significant long-term upside in the retail rent, with 5th Avenue rents exceeding $100/SF. The property has an annual gross rent roll of $424,414 and a net operating income of $360,096 after expenses.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
100/100
Walker's Paradise
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Transit Score ®
100/100
Rider's Paradise
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Bike Score ®
93/100
Biker's Paradise
- City Brooklyn, NY
- Neighborhood Park Slope
- Zip Code 11217
- Market Brooklyn
Points of Interest
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Arecibo
0.30 miles
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brooklyn taxi company
0.52 miles
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Clinton-Washington
0.69 miles
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International Car Service
0.70 miles
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Eastern Parkway - Brooklyn Museum
0.92 miles
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Eastern Parkway–Brooklyn Museum
0.92 miles
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9th Street
0.93 miles
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Jay Street–MetroTech
0.95 miles
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Castle
0.95 miles
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Carroll Street
0.95 miles
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Tesla Supercharger
0.22 miles
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Shell
0.32 miles
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Sunoco
0.80 miles
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plugNYC
0.94 miles
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Mobil
0.98 miles
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Emporium
1.20 miles
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BP
1.21 miles
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Citgo
1.21 miles
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EVgo
1.71 miles
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Revel
1.91 miles
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Garfield Garage
0.57 miles
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Cielo Garage
0.59 miles
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Underhill Garage
0.64 miles
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Rapid Park
0.65 miles
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Edison ParkFast
0.76 miles
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The Brooklyn Museum and Botanic Garden
0.99 miles
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The Parking Club
1.02 miles
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Car Park Systems
1.14 miles
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Ultra Car Park Systems
1.16 miles
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NYPD Brooklyn Tow Pound
1.38 miles
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Fairfield Inn
0.35 miles
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Union Hotel
0.35 miles
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Sonder: The Industrialist
0.42 miles
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The Baltic Hotel
0.46 miles
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Towneplace Suites
0.47 miles
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Tru by Hilton
0.50 miles
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EVEN Hotel
0.52 miles
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Holiday Inn Brooklyn Downtown
0.53 miles
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Ace Hotel
0.58 miles
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Illumination Bed & Breakfast
0.73 miles
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Wasan
0.01 miles
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Koi Omakase
0.01 miles
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Los Carnales
0.01 miles
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Artichoke Pizza
0.02 miles
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BK9
0.03 miles
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5ive Spice
0.03 miles
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Convivium Osteria
0.03 miles
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Besito
0.03 miles
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Ishi
0.03 miles
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Sky Ice
0.04 miles
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Park Slope Christian Academy
0.11 miles
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Park Place Community Middle School
0.16 miles
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P.S. K077
0.16 miles
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Brooklyn High School of the Arts
0.25 miles
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MS 447
0.27 miles
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Masjid Al-Farooq Al-Aqusa Islamic School
0.28 miles
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Public School 282
0.32 miles
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EPIC Academy
0.34 miles
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Khalil Gibran International Academy
0.38 miles
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Public School 38
0.38 miles
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Created By Kids
0.13 miles
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Little Makers Studio
0.14 miles
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Wonderforest Nature Preschool
0.15 miles
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Brooklyn Preschool of Science
0.15 miles
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nykidsclub
0.19 miles
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Eladia's Kids
0.20 miles
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Tiny Steps Daycare
0.23 miles
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Roots & Wings Daycare
0.25 miles
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Fastrackids
0.28 miles
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Alonzo A. Daughtry Memorial Daycare Center
0.28 miles
Frequently Asked Questions
The space currently listed for sale at 51 5th Ave asks for $6,950,000/SF.
51 5th Ave totals 6,760 square feet.
51 5th Ave was built in 1920.
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