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1516 West 5th Street Bensonhurst Brooklyn, NY 11204
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1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
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1516 West 5th Street

Bensonhurst | BK

Schedule a Viewing
Price Drop
$ 1,399,999
[6.67%] [$ -100,000]
Building For Sale
Property Type
Active
Status
45
Rooms
17
Bedrooms
6,560/609
ASF/ASM
$ 33,397
Real Estate Taxes [Per Annum]
  • 1516 West 5th Street
  • $ 1,399,999
1516 West 5th Street Bensonhurst Brooklyn, NY 11204

Building Details

1516 West 5th Street Bensonhurst Brooklyn, NY 11204
Multi-Family
Ownership
6601/13
Block/Lot
20'x82'
Building Size
20'x100'
Lot Size
4
Floors

Photos

1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204
1516 West 5th Street Bensonhurst Brooklyn, NY 11204

Description

A stunning 8-unit apartment building offering an exceptional opportunity for savvy investors or owner occupied . This well-maintained, semi-detached, four-story brick property boasts 6,560 sq. ft. of living space, featuring seven spacious 2-bedroom apartments, one charming 1-bedroom apartment, and a versatile 3-room storage facility. Fully occupied, this property generates an impressive $160,000 in annual rental income, making it a stable and high-performing asset. Located just minutes away from the "N" Subway line and the bustling Bay Parkway shopping district, this property offers unbeatable convenience and consistently high tenant demand. Recent upgrades include modernized electrical systems, two new hot water heaters, fully renovated kitchens and bathrooms, new flooring, updated toilets in every unit, and refreshed common areas, ensuring a low-maintenance and hassle-free investment. With its prime location, steady income, and significant upside potential, this property is a perfect choice for investors looking to expand their portfolio or those seeking a 1031 exchange. The flexibility of owner financing and a solid 6.5% cap rate make this a truly rare and compelling investment. Don’t let this opportunity pass you by. Contact us today to schedule your private showing and secure this exceptional property!
A stunning 8-unit apartment building offering an exceptional opportunity for savvy investors or owner occupied . This well-maintained, semi-detached, four-story brick property boasts 6,560 sq. ft. of living space, featuring seven spacious 2-bedroom apartments, one charming 1-bedroom apartment, and a versatile 3-room storage facility. Fully occupied, this property generates an impressive $160,000 in annual rental income, making it a stable and high-performing asset. Located just minutes away from the "N" Subway line and the bustling Bay Parkway shopping district, this property offers unbeatable convenience and consistently high tenant demand. Recent upgrades include modernized electrical systems, two new hot water heaters, fully renovated kitchens and bathrooms, new flooring, updated toilets in every unit, and refreshed common areas, ensuring a low-maintenance and hassle-free investment. With its prime location, steady income, and significant upside potential, this property is a perfect choice for investors looking to expand their portfolio or those seeking a 1031 exchange. The flexibility of owner financing and a solid 6.5% cap rate make this a truly rare and compelling investment. Don’t let this opportunity pass you by. Contact us today to schedule your private showing and secure this exceptional property!

Listing Courtesy of RE/MAX Edge

Features

Exposed Bricks
Private Entrance
Walk-in Closet
1516 West 5th Street Bensonhurst Brooklyn, NY 11204

Contact

License Licensed As: Not Applicable
Coldwell Banker Reliable Real Estate

Coldwell Banker Reliable Real Estate

License Licensed As: Not Applicable
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Loan Amount

BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 487512