684 Fifth Avenue

Building For Sale  • 
Greenwood
Web ID # 1276617 RLS

$ 3,850,000

 

Building & Unit Features

  • Garden
  • A turnkey combination of townhouse and commercial space with buildable FAR lies in the heart of South Slope/Greenwood Heights, Brooklyn. This 25-foot wide, three-story brick building on a 100 foot lot blends Pre War vintage Brooklyn charm with modern upgrades, offering a rare, mixed-used setup for a discerning buyer. 684 5th Ave presents a unique opportunity to live above the store.

    A Duplex Residence:
    A beautiful pine staircase leads to a tastefully restored 3-bedroom, 2-bath duplex. The second floor living space contains a spacious kitchen, living room, dining area, den and office. The third floor includes an enormous primary bedroom with ensuite bath and washer/dryer, two additional bedrooms and a cozy sitting area. Original details punctuate the living quarters with exquisite fireplace mantels and tin ceilings . A 400 sq. ft. west-facing IPE wood deck provides the perfect spot for sunset lounging. Enjoy direct access to the large backyard via stairs from the deck. Recent renovation of the roof, plumbing and electrical system allows for a move-in-ready home.

    A versatile Setup:
    The townhouse is currently lived in as a duplex single family but the property class is 2 family. Legal conversion back into two 2-bedroom apartments would be quite easy. This property's design offers blank slate possibilities for income generation. While the second floor is move-in ready, the third floor can easily be converted to a separate apartment with the addition of a kitchen. Access panels to water and gas lines are in place. Not designated rent stabilized, these would be free market rentals. With such a versatile setup the owner can live/work in the entire bldg or live on the upper two floors and get rental income from the store. As well , the owner can rent one or both of the 2+ BR apartments on the upper floors. The extension & cellar can also be be used as studio/work space, separate from the retail store. The property, both residential and commercial will be delivered vacant.

    A Ground Floor Commercial Space:
    The ground floor features expansive glass frontage suitable for a wide range of businesses. Whether a professional office, retail shop, gallery, or even an intimate restaurant or bar the space is both customizable and well appointed with a 400 sq. ft. extension into the 100-foot lot. A full basement beneath the commercial area and a large maintained, manicured back yard offer great potential. Gut renovated in 2017. Floor plans on request.

    A Prime Location:
    The property is located just 4 blocks from the R train at Prospect Avenue and is on the 5th Avenue B63 bus line. Surrounded by an array of shops, restaurants, cafes, and amenities, 684 5th Avenue is a rare opportunity to own a home with retail space in one of Brooklyn's fastest rising and popular neighborhoods.

    Details:
    Lot Size: 2,500 square feet
    Building Size: 25' x 100'
    Cellar: 25' x 56' with sidewalk hatch
    Ground Floor: 25' x 56', 2nd Floor: 25' x 40', 3rd Floor: 25' x 40'
    Building Size: 3,400 square feet
    Building Class: S2 ( Primarily 2 family with 1 Store or Office )
    Zoning: R6A with a C2-4 Commercial overlay

    FAR: 3.0
    Total buildable square feet for 2,500 square foot lot = 7,500 square feet less existing structure: 3,400 square feet
    Available Air rights: 4,100 square feet

    2006: New roof, new plumbing and electric ( 2nd and 3rd floors )

    2012-2013: 16x25 extension added to store & cellar in rear of building adding ~400 sq ft. to ground floor commercial space, plus an additional ~400 in cellar and a roof deck for 2nd floor apt.

    2014: Hi-Seer split-duct AC (with supplemental heat) installed in rear of 2nd & 3rd floors. New windows installed on 2nd & 3rd floor apts . Center window on 2nd floor rear converted to door, and a screen/storm door . 400 IPE wood deck installed, with outdoor lighting and 2 power outlets.

    ( All measurements and assessments are approximate to be verified pre contract )
    Stories: 3
    Units: 2
    Total Rooms: 12
    Listing Courtesy Of Daniel Gale Sotheby's International Realty

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    Estimated Monthly Costs


    $19,468
    Est. Mortgage
    $19,468
    Monthly Total*
    * The estimated monthly costs provided by this caculator are for illustrative purposes only, with no guarantee regarding accuracy.
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    Nearby Subways

    • R 4th Ave & Prospect Ave (~0.23 mile)


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