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$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

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