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$4,500,000
Est. payment /mo
6,709 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,709 sqft
Price per Sqft $670
MLS Listing ID 499988
Year Built 2012
Annual Tax Amount $21,342
Property Sub-Type Commercial
Property Description
Prime 5-story Motel Building for sale in Sunset Park, Brooklyn.
Situated on a 25x100 lot with approximately 6,709 square feet of building space, plus a basement and on-site parking lot.
The property features 16 guest suites, along with an elevator and pantry area, making it well-suited for hospitality or alternative commercial uses. The current lease expires March 1, 2027.
Positioned in the heart of the bustling 5th Avenue commercial corridor, surrounded by supermarkets, restaurants, banks, pharmacies, and Sunset Park, benefiting from strong foot traffic and neighborhood demand.
Convenient transportation access with the D subway line nearby and B35, B63, and B70 bus routes within close proximity.
An excellent opportunity for investors seeking a high-potential income-producing property in a prime Brooklyn location.
Situated on a 25x100 lot with approximately 6,709 square feet of building space, plus a basement and on-site parking lot.
The property features 16 guest suites, along with an elevator and pantry area, making it well-suited for hospitality or alternative commercial uses. The current lease expires March 1, 2027.
Positioned in the heart of the bustling 5th Avenue commercial corridor, surrounded by supermarkets, restaurants, banks, pharmacies, and Sunset Park, benefiting from strong foot traffic and neighborhood demand.
Convenient transportation access with the D subway line nearby and B35, B63, and B70 bus routes within close proximity.
An excellent opportunity for investors seeking a high-potential income-producing property in a prime Brooklyn location.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning M1-2
Rooms
Basement Full, Separate Entrance
Interior
Interior Features Elevator – Public, Elevator - Private, Fire Sprinkler, Lobby, Restrooms - Public, Restrooms - Staff
Equipment None
Exterior
Roof Type Other
Present Use Hotel/Motel
Handicap Access Yes
Building
Story 5
Foundation Other
Others
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by Fang Fang Realty Inc
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716