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$3,600,000
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Property Description
Unique opportunity for investors. Three family plus a store. 3rd floor 3bed/2FBR, 2nd floor 3bed/2FBR, 1st floor 2bed/1FBR plus a massage spa business in the basement with a half bath. The 3rd floor lease expires 7/1/25, the 2nd floor lease expires 7/1/25, the 1st floor lease expires 7/1/25, and the massage spa lease expires on 7/30/25. Landlord pays $4,711 for the year for the heat (National Grid). The NYC Water Board is $3,130 for the year. Gas and electric is $3,762(Con-Edison)and that's for the hallway and basement (the tenants pay for their own gas and electric in the apartments). Basement is zoned for office space.
Full Property Details
Full Property Details for 157 N 5th St
General
- Price: $3,600,000
- Taxes: $5,300
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 903870
- Updated: 8/21/2025
- Added to Site: 150 day(s) ago
Interior
- Appliances: Dishwasher, Microwave, Refrigerator
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Hot Water, Natural Gas
- Heating Zones: 4
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Basement: Yes
- Basement Desc.: See Remarks
- Building Size: 4000
- Square Feet: 4,000
- Year Built: 1899
Lot Features
- Lot Size (Sq. Ft.): 0.06
- Road Maintenance: Public Maintained Road
- Lot Features: Level
- Zoning: R6B
Financial Considerations
- Tax Amount: $5,300
Disclosures and Reports
- Special Conditions: None
- Property ID: 02336-0040
Listed by eRealty Advisors, Inc
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Schools
Schools serving 157 N 5th St
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 17 Henry D Woodworth 208 North 5th Street, Brooklyn, NY 11211 | PK-5 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 157 N 5th St
Date
Details
Price
Change
Source
8/21/2025
Listed
$3,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 157 N 5th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,613
1%
$27,946
-86%
2024
$5,563
6%
$204,540
-6%
2023
$5,253
5%
$216,540
-9%
2022
$5,013
-49%
$237,240
-9%
2021
$9,802
99%
$260,160
-6%
2020
$4,929
1%
$276,480
26%
2019
$4,885
17%
$219,840
909%
2017
$4,193
—
$21,795
6%
2017
$4,193
8%
$20,571
6%
2016
$3,880
2%
$19,407
—
2015
$3,795
19%
$19,407
1%
2014
$3,187
13%
$19,233
6%
2013
$2,828
—
$18,163
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 157 N 5th St
157 North 5th Street, Brooklyn, NY 11211 (MLS# 903870) is a Commercial property. 157 North 5th Street is currently listed for $3,600,000 and was received on August 21, 2025. Want to learn more about 157 North 5th Street? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

