Home Details for 622 5th Avenue

Rare investment opportunity in the heart of Park Slope! This prime mixed-use property is ideally situated on a heavily traveled corridor with exceptional foot and vehicle traffic, providing outstanding visibility for commercial use. Conveniently located near public transportation, shopping, schools, and neighborhood amenities, with immediate access to the Prospect Expressway. The property features a street-level retail space occupied by a well-established dry cleaning business with approximately 2.5 years remaining on the current lease, offering immediate rental income. Above the commercial space are two residential apartments consisting of a spacious 6-room unit over a 5-room unit, both of which will be delivered vacant, providing excellent opportunities for owner occupancy or market-rate rentals. Additional features include a full basement with street access, three separate gas-fired boiler systems, separate hot water heaters, and individual utility meters. The property has been well maintained and is in good overall condition. An outstanding opportunity for investors, owner-users, or developers seeking a highly visible, income-producing asset in one of Brooklyn's most desirable neighborhoods.

• Utilities

  • Natural Gas Available
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected

• Basement

  • Full
  • Storage Space
  • Unfinished
  • Walk-Out Access

• Cooling Information

  • Wall/Window Unit(s)

• Heating Information

  • Natural Gas

• Water Features

  • Public