Business for Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11215

Description

475 6th Avenue is a fully free-market mixed-use building located on one of Park Slope’s most established and trafficked corridors, just steps from Prospect Park, the f + g subway lines, and the neighborhood’s best retail, dining, and lifestyle amenities. This stretch of 6th Avenue consistently attracts both strong residential demand and durable commercial tenancy. The residential units have been gut renovated with high-end finishes, featuring modern layouts, updated kitchens and bathrooms, in-unit laundry, and strong light throughout. The level of finish positions the apartments at the top of the Park Slope rental market and minimizes near-term capital needs for a new owner. The property is 100% Free Market. Investment Highlights: • 475 6th Avenue, built in 1901, spans 3 stories and is comprised of 3 mixed use units, approx. 3,875 SF. • 100% Free Market | Tax Class: 2A | Zoning: R6B • 475 6th Avenue is just steps from Prospect Park and the F & G subway lines.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 5.7% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 68 days. Compare it against other mixed use listings for sale in Brooklyn, NY — <a href="/search/sale/mixed-use/new-york/brooklyn">view the full market</a>.

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