Marcus and Millichap has successfully sold 5024 5th Avenue a retail and apartment building located on the corner of the highly trafficked 5th Avenue retail corridor and 51st Street in the Sunset Park section of Brooklyn, New York. The subject property is built full on a 30 foot by 100 foot C4-3A zoned corner lot (Block: 00791 - Lot: 0045). The existing structure totals 7,620 square feet across three floors and offers an additional 1,380 buildable square feet as-of-right.

Most recently the ground floor had been occupied by Payless Shoesource. The retail space is currently vacant. The second and third floors are raw, wide-open floorplates in need of gut rehabilitation.

5024 5th Avenue offers investors, developers and owner-users the rare opportunity to purchase a strategically located commercial building in the heart of one of Brooklyns most desirable retail corridors and to capitalize on the areas growth in rents and property values.

• Totals 7,620 Square Feet with an additional 1,380 of Buildable Square Feet
• Prime Corner Mixed-Use Building with 30 Feet of Frontage to the 5th Avenue
• Unique Value-Add Redevelopment Opportunity
• Located a Five Minute Walk from the "R" Subway Stop at 53rd Street
• Delivered Vacant