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About This Home

This 0-bedroom, 0-bathroom single family at 5811 5th Avenue in Brooklyn, NY is listed for $2,300,000 ($329 per sqft). Built in 1958, the home offers 7,000 sqft of living space on a 0.06 acres lot.

Agent Description

Exquisite Investment Opportunity in Sunset Park - Premier Mixed-Use Property 2 stores + 6 familys with Exceptional Growth Potential Nestled in the heart of Sunset Park, Brooklyn, this distinguished mixed-use property presents an unparalleled opportunity for investors, developers, and visionaries seeking a high-yield, value-driven acquisition.

Seamlessly blending commercial vitality with residential stability, this property is a true gem in one of Brooklyn's most dynamic neighborhoods. This exceptional asset features two prominent commercial storefronts and six well-maintained residential units, offering a rare combination of immediate income generation and long-term appreciation.

Sitting on a 26 ft x 100 ft lot, with a building footprint of 26 ft x 64 ft, it provides versatile space configurations to maximize revenue potential. R6A, C2-4 zoning unlocks a world of possibilities for redevelopment, expansion, or reconfiguration to further enhance investment returns.

With a robust 6% cap rate, this asset guarantees steady cash flow and significant upside potential through strategic enhancements and rental growth. Located in bustling Sunset Park, known for its vibrant cultural scene, thriving business district, and unparalleled accessibility, this property benefits from strong tenant demand and exceptional foot traffic.

Boasting timeless architectural charm and thoughtfully designed interiors, this property stands as a testament to classic elegance and modern functionality. Surrounded by major transit options, lively retail corridors, parks, and essential amenities, it offers an unmatched living and business environment that continues to attract quality tenants.

A rare fusion of prestige, profitability, and potential, this investment is a cornerstone for those looking to make a lasting impact in Brooklyn's real estate landscape. Secure your stake in one of New York City's most sought-after neighborhoods and watch your portfolio thrive.

Key Features

  • Built in 1958
  • 0.06 acre lot
  • 4 stories

Property Details

4 stories
1958

Amenities

HardwoodA/C

Monthly Cost Estimate

$12,301/mo

20% down · 6.5% · 30 years

Principal$1,663
Interest$9,967
Insurance$671

Estimates only. Actual payments may vary.

Location

5811 5th Avenue

Brooklyn, NY 11220

Property Details

Flooring

Hardwood

Questions & Answers

This 0-bedroom, 0-bathroom single family at 5811 5th Avenue is listed at $2,300,000 ($329/sqft). The estimated monthly payment is $9,967 based on 20% down at 6.5% interest.

Key features include: Built in 1958, 0.06 acre lot, 4 stories.

This property is listed by ZaiYou (Joe) Zhu and can be reached at (718) 612-3088 or joe@remaxedgeny.com.

ZZ

ZaiYou (Joe) Zhu

Agent at RE/MAX Edge

(718) 612-3088

Listed by RE/MAX Edge

MLS# 489158· Source: listhub· Updated 476 days ago

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5811 5th Avenue, Brooklyn, NY 11220

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