Address
5813 5th Avenue, Brooklyn, NY
Price
$ 2,300,000
Property Attributes
  • MLS#503085
  • TypeMixed Use
  • Listing Status Pending
  • CountyKINGS
  • CityBrooklyn
  • AreaBrooklyn
  • NeighborhoodSunset Park
  • Zip11220
  • StyleMixed Use
  • Taxes$ 30002
  • Price$ 2,300,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6656
  • Lot Size0.059688 Acres
Data Source:
Brooklyn MLS (BNYMLS)
Property 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.

Price History
7/16/2026 Listed $2,300,000

General Features

Net Operating Income 154638.44
Roof Other
Zoning r7a
Electric Other
Property Type Mixed Use
Cap Rate 0.07
Yearly Taxes 30002.00
Transaction Type Sale
Insurance Expense 4250.00
Gross Expense 47272.00
Financing 1031 Exchange,Cash
Building Type Attached
Gross Income 201910
Status Pending
Fuel Expense 7500.00
Construction Materials Other
Cumulative Days on Market 47
MLS Area Sunset Park
Sub Type Mixed Use
City Brooklyn
Borough Brooklyn
Number Of Stores 2
DOM 47
Sale Type Arm's Length
# Families 6
Public Remarks 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

Interior Features

Heating Fuel Other
Flooring Other
Hot Water Other
Sq Ft Total 6656
Lavatories Other
Basement Amenities Full
Commercial Features Exterior Other
Commercial Features Interior Other

Exterior Features

Exterior Other
Yard Other
Foundation Other
Lot Sq Ft 2600
Loading Docks None
Building Length 64.00
Building Width 26.00
Property Panorama YN Yes
Lot Size Length 100
Lot Size Width 26

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Mixed Use Average in 11220

Price
AVG $4.06M
$2.3M
Taxes
AVG $29,673
$30,002
Visits
AVG 107
21
Data Provided by Inside Real Estate®
Fair Housing Icon NY Fair Housing Notice