Marcus & Millichap has successfully sold the exclusive listing of 5517 5th Avenue, a four-story mixed use property between 55th and 56th Streets in the Sunset Park neighborhood of Brooklyn, New York. The subject property is comprised of 12 residential apartments consisting of six one bedroom and six studio units. The ground floor retail space is currently occupied by a T-Mobile subsidiary wireless phone carrier.

The property is built 25 feet by 65 feet, and sits on a lot measuring 25 feet by 100 feet. Total approximate building size is 6,492 square feet. Current zoning is C4-3A (Block: 832, Lot: 003).

This property offers investors a rare opportunity to acquire a mixed-use real estate asset on the rapidly appreciating 5th Avenue retail corridor. The subject property offers immediate, stabilized cashflow with the added benefit of significant room to grow the rent roll moving forward.

• Prime Sunset Park 5th Avenue Retail Corridor
• 12 Apartments and 1 Retail Space Occupied by T-Mobile Subsidiary
• Heavy Foot Traffic Area in Close Proximity to the "R" Train
• Substantial Growth Potential in the Current Residential and Retail Income
• Surrounded by Numerous National Tenants
• Upgraded Building Mechanicals
• No Deferred Maintenance