157 North 5th Street

Brooklyn, NY 11211 Directions
$3,600,000
  • 1899Built

Property Highlights

  • Days on Market: 221
  • MLS: 903870

Property Highlights

  • Days on Market: 221
  • MLS: 903870

Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.

Property Highlights

  • Days on Market: 221
  • MLS: 903870

Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.

Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.

Read MoreRead Less
  • Additional Information
    • Days On Market: 221
    • On Market Date: 2025-08-21
    • Parking: On Street
    • Sewer: Public Sewer
    • Tax Amount: $5,300
    • Type: Commercial Sale
    • Unit Count: 4
    • Utilities: Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    • Year Built: 1899
  • Interior/Exterior Features
    • Appliances Included: Dishwasher, Microwave, Refrigerator
    • Construction Materials: Frame
    • Cooling: Wall/Window Unit(s)
    • Heat: Hot Water, Natural Gas
Listing Courtesy of Thomas Gagliano of eRealty Advisors, Inc.
Click to view full screen