1516 West 5th Street, Brooklyn, NY 11204

Local realty services provided by:Better Homes and Gardens Real Estate Safari Realty
1516 West 5th Street,Brooklyn, NY 11204
$1,399,999
  • 17 Beds
  • 10 Baths
  • 6,560 sq. ft.
  • Multi-family
  • Active
Listed by: zaiyou (joe) zhu
Office: re/max edge
MLS#:487512
Source:BROOKLYN

Price summary

  • Price:$1,399,999
  • Price per sq. ft.:$213.41

About this home

A stunning 8-unit apartment building offering an exceptional opportunity for savvy investors . This well-maintained, semi-detached, four-story brick property boasts 6,560 sq. ft. of living space, featuring seven spacious 2-bedroom apartments, one charming 1-bedroom apartment, and a versatile 3-room storage facility. Fully occupied, this property generates an impressive $160,000 in annual rental income, making it a stable and high-performing asset. Located just minutes away from the "N" Subway line and the bustling Bay Parkway shopping district, this property offers unbeatable convenience and consistently high tenant demand. Recent upgrades include modernized electrical systems, two new hot water heaters, fully renovated kitchens and bathrooms, new flooring, updated toilets in every unit, and refreshed common areas, ensuring a low-maintenance and hassle-free investment. With its prime location, steady income, and significant upside potential, this property is a perfect choice

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Home facts

  • Listing ID #:487512
  • Added:361 day(s) ago
  • Updated:November 15, 2025 at 12:20 PM

Rooms and interior

  • Bedrooms:17
  • Total bathrooms:10
  • Full bathrooms:10
  • Living area:6,560 sq. ft.

Heating and cooling

  • Heating:Steam/Radiator

Structure and exterior

  • Building area:6,560 sq. ft.
  • Lot area:0.05 Acres

Finances and disclosures

  • Price:$1,399,999
  • Price per sq. ft.:$213.41
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