StarSchmaler

622 5th Avenue, Brooklyn, NY 11215

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Property Description

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.

622 5th Avenue | MLS# 1024014

This commercial property located at 622 5th Avenue, Brooklyn, NY 11215 is currently listed for sale with an asking price of $1,988,888. 5th Avenue is located within the Brooklyn 15 school district. Search Brooklyn real estate on star-schmaler.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Multiple
Basement: Full, Storage Space, Unfinished, Walk-Out Access
Basement: Yes
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Taxes: $9,518
Year Built: 1919

Feature Descriptions

Building Area Total: 2772
Business Type: Dry Cleaner
Days on Site: 21
Exterior: Frame
Heating Zones: 3
On Market Date: 2026-07-10
Parcel Number: 00631-0047
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public
Water: Public

Local Schools

School District: Brooklyn 15

Demographics

Listed By / Shown By

Listing By

Agency Name: Signature Premier Properties
Agency Contact: 631-673-3900

Shown By

Agent Name: Star Schmaler
Agent Phone: (413) 281-3988 Cell
Agency Title: Coldwell Banker Prime Properties

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