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Off market
  • $4,132,700

    5805 8th Ave, Brooklyn, NY 11220

    --beds
    0baths
    3,240sqft
    Mixed Use
    Built in 1931
    -- sqft lot
    $4,132,700 Zestimate®
    $1,276/sqft
    $6,032 Estimated rent

    What's special

    Excellent investment opportunity!!! Rare find solid brick 1 retail store and 2 residential units mixed use building located on super busy location 8th Avenue business district of Sunset Park. The restaurant currently occupies the retail space and basement. 2nd floor and 3rd floor both feature 4 bedrooms with 1.5 full bathroom each; Building size: 20x54, Lot size:20x80. the whole building were renovated from top to bottom on August 2017. All 3 unit have separate heat and hot water. The restaurant responsible for 50% property tax. The seller only pay 50% property tax and building insurance. Gross current annual income $261,600.(Market rent:312,000). Total expenses:$21,500. the net operating income is $240,100. CAP RATE: 5%. Convenient to all. Can't miss it.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Interior area
    • Total interior livable area: 3,240 sqft

    Property

    Lot
    • Size: 1,742 sqft
    Details
    • Parcel number: 057000008
    • Zoning: R6

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Mixed Use
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: 220 V, 110 V

    Community & neighborhood

    Location
    • Region: Brooklyn

    Other

    Other facts
    • Flooring: Hardwood, Tile
    • Property Sub Type: Mixed Use
    • Property Type: Mixed Use
    • Basement Amenities: Full, Finished
    • Borough: Brooklyn
    • Building Type: Attached
    • Roof: Flat
    • Construction Materials: Brick
    • Electric: 220 V, 110 V
    • Foundation Details: Poured Concrete
    • Heating Fuel: Gas
    • Hot Water: Gas
    • Zoning: R6
    • Exterior: Brick
    • Heat Delivery: Hot Water, Baseboard
    • Yard: Other
    • Commercial Features Exterior: Other
    • Commercial Features Interior: Other
    • Loading Docks: Other
    • Lavatories: 4+
    Services availability