Marcus & Millichap - Tri Borough Multi-Family

286 5th Avenue

286 5th Avenue
, Brooklyn
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Price: $9,300,000
Year Built: 1920
Building Size: 11,137 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5234
Matthew.Fotis@marcusmillichap.com
Matt Shapiro
Tel: 212-430-5188
Matthew.Shapiro@marcusmillichap.com
Josip Druzic
Tel: 646-805-1419
Josip.Druzic@marcusmillichap.com
INVESTMENT OVERVIEW:

Marcus & Millichap is pleased to offer 286 5th Avenue, located on the corner of 1st Street in the Park Slope section of Brooklyn, New York.

286 5th Avenue is a 4 story residential building that consists of 4 one-bedroom units, 10 one-bedroom duplex units, 6 two-bedroom units, and 2 one-bedroom triplex units. The property is built “L shaped” with 22 feet of frontage on 5th Avenue and 97 feet of frontage on 1st Street sits on an irregular lot with approximately 11,137 gross square feet. The property is zoned R6A, R6B, C1-4. (Block: 969, Lot:38)

This property offers investors the rare opportunity to purchase a fully deregulated corner apartment building that was fully gut renovated in the 1990s in the prime Park Slope section of Brooklyn, New York.