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135 5th Ave, Brooklyn, NY, 11217

--beds
4baths
4,800sqft
$4,900,000
$1,021price/sqft
$28,513/moest. monthly cost
$1,140,520/yrincome needed

About This Home

Welcome to your Once in a Lifetime Dream Investment Opening... Discover this Rare Opportunity to Own a Vacant Massive High Income Producing 4 Story Mixed-Use Historic Brownstone Property in Absolute Prime North Park Slope, just steps from Barclays Center! Enjoy a Highly Desirable Ground Floor Store Front with Private Backyard Access and Three separate Floor-Through 3 Bedroom 1 Bath Apartments with Tons of Beautiful Original Details Fully Restored throughout including Exposed Brick, Hardwood Floors, Custom Wood Trim and New Stainless Steel Kitchens. This Sun-Drenched Favorable R6A Zoned Solid Brick Construction sits on a 20' X 80' Lot with a 20' X 60' Building Footprint, offering 4,800 SQFT of Living/Commercial Space that fetch Top Dollar on Today's Leasing Market due to the Incredible Location and Condition. A Full Basement with Separate Front and Back Gate Entrances and a Full Bathroom create Flexible and Convenient Options and Ease of Use. Only One House in from the Corner of St. Johns Pl and 5th Avenue, this Eye Catcher Benefits from the Tremendous Foot Traffic that this Red Hot Trendy Neighborhood has become known for... Close Proximity to Grand Army Plaza, Prospect Park, Brooklyn Botanical Gardens, Countless Successful and Busy Restaurants, Cafes, Bars and Retail Establishments all along 5th Ave and Beyond. Rest Assured, you will be in Excellent Company whether you are a Developer, Investor or End Users alike! On top of all that, commute into the city in just minutes away! Don't let the Chance Slip by to Own a Piece of History that has Appreciation, Earnings and Revenue Written All Over It!

Getting Around

99
WalkingWalker's Paradise
0
TransitVery Limited Transit
91
BikeBiker's Paradise

Schools

7/10
Ps 282 Park SlopeGrades PK-50.1 mi
10/10

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat,Rubber
  • Construction materials: Brownstone,Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bathrooms: 4
  • 1/2 bathrooms: 4

Features

  • Flooring: Hardwood,Tile

Heating

  • Heating features: Natural Gas,Steam/Radiator

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Property

Details

  • Attached to another structure: Yes
  • Zoning: R6A
  • Special condition: Arm's Length
  • Foundation area: 1200

Features

  • Stories: 4

Lot

  • Lot size: 1,600 sqft
  • Features: Back Yard
  • Lot size dimensions: 20x80

Parking

  • Parking features: Street,Other
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $24,777$297,324
Home Insurance *$657$7,884
Property Taxes $2,286$27,432
Electricity $793$9,518
Total$28,513$342,156
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$977,588/yr
40% on housing$855,390/yr
45% on housing$760,346/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,021This listing

vs Other Active Listings

Avg $/sqft

ZIP 11217$1,290
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11217$1,583
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2023-10-31Listed for sale$4,900,000
2022-07-31Listing removed--
2022-03-03Listed for sale$4,900,000
2022-01-20Listing removed--
2022-01-14Listed for sale$4,900,000
2021-12-22Listing removed--
2021-12-03Listed for sale$4,900,000
2021-01-15Listing removed$4,900,000
2020-08-20Price change$4,900,000
2020-08-07Listed for sale$5,499,000

For Sale by Agent

AgentVito Angelo
BrokerageRE/MAX Real Estate Professiona

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