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

    5811 5th Ave, Brooklyn, NY 11220

    --beds
    0baths
    7,000sqft
    Mixed Use
    Built in 1958
    2,600 Square Feet Lot
    $-- Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Two prominent commercial storefrontsVersatile space configurationsTimeless architectural charmSix well-maintained residential unitsThoughtfully designed interiors
    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.
    150 days
    on Zillow
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    148
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    4
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    Zillow last checked: 7 hours ago

    Listing updated: April 22, 2025 at 03:29am

    Listing by:

    RE/MAX Edge 718-612-3088,

    ZaiYou (Joe) Zhu 347-791-7011

    Source: BNYMLS,MLS#: 489158MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Natural Gas, Other
    Cooling
    • Has cooling: Yes
    Features
    • Flooring: Hardwood
    • Basement: Full,Partial
    Interior area
    • Total structure area: 7,000
    • Total interior livable area: 7,000 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 4
    Lot
    • Size: 2,600 Square Feet
    • Dimensions: 26x100
    • Features: Back Yard, Front Yard
    Details
    • Foundation area: 1664
    • Zoning: R6A, C2-4
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick, Other
    • Foundation: Other
    • Roof: Other
    Condition
    • Year built: 1958

    Utilities & green energy

    • Electric: Other

    Community & HOA

    Community
    • Security: Fire Sprinkler System
    • Subdivision: Brooklyn
    Location
    • Region: Brooklyn

    Financial & listing details

    • Price per square foot: $343/sqft
    • Annual tax amount: $25,886
    • Date on market: 2/11/2025
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