Main Content
$790,000
- Status Sold
- Property Type Apartments
About This Property
Marcus and Millichap has successfully sold 565 39th Street, a three story rent stabilized apartment building comprised of six two bedroom apartments. The property is located on 39th Street between 5th Avenue & 6th Avenue in the Sunset Park neighborhood of Brooklyn. The subject property was built in 1924 and measures 20 feet wide by 60 feet deep, on a lot that measures 25 feet wide and extends 100.17 feet wide. The property is zoned M 1 2. The subject property is located three blocks from the 9 the Avenue "D" Train Station and five blocks from the 36th Street "D","N" and "R" Station, providing easy access to Manhattan and the rest of Brooklyn.
- Long Term Ownership
- Situated On The Cross Street of Prime Retail Corridor of Fifth Avenue
- Close Proximity to Sunset Park
- High Long Term Upside With Below Market Rents
- Rapidly Emerging Submarket With Strong Fundamentals
- Protected Tax Class 2A