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  • Price cut: $100K (4/22)
    $2,398,888

    5811 5th Ave #1, Brooklyn, NY 11220

    18beds
    7,000sqft
    Mixed-Use
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Exquisite Investment Opportunity in Sunset Park – Premier Mixed-Use Property 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.
    74 days
    on Zillow
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    44
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    2
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 07:58am

    Listing by:

    Remax Edge 347-791-7011,

    Joe Zhu

    Source: StreetEasy,MLS#: S1753690
    Travel times

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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 8
    • Full bathrooms: 6
    • 1/2 bathrooms: 2
    Interior area
    • Total structure area: 7,000
    • Total interior livable area: 7,000 sqft

    Property

    Features
    • Patio & porch: Deck
    • Exterior features: Private Roof Deck
    • Has view: Yes
    • View description: City, Skyline
    Details
    • Special conditions: Resale

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed-Use
    Materials
    • Roof: Roof Rights
    Condition
    • Year built: 1931

    Community & HOA

    Community
    • Subdivision: Sunset Park
    HOA
    • Services included: Maintenance
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $343/sqft
    • Date on market: 2/11/2025
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