$3,750,000
Updated 3 years ago
Off Market

813 52nd Street

Sunset Park, Brooklyn | 8th Ave & 9th Ave

6 Beds4,956 Square FeetIncome Property

$3,750,000
floors / apts2 / 6
Lot Size19'x100'
Built Size19'x52'
ZoneR6
Building TypeLow-Rise
RE Taxes$11,962
Price Per SF
$757

Building Amenities

  • Voice Intercom

Property Description for 813 52nd Street

"Exceptional Investment Opportunity: Prime Mixed-Use Property in Sunset Park" Welcome to an extraordinary investment opportunity in the heart of Sunset Park on 8th Avenue. This recently constructed (2020) property presents a unique value, featuring a total of six units, including two commercial units, four well-appointed apartments, and a semi-finished basement. A Versatile Investment This mixed-use property is a versatile investment, strategically positioned within the bustling business district of 8th Avenue. With a location that offers convenience and accessibility, it is perfectly situated for those seeking to be near shopping centers, educational institutions, and transportation hubs. Diverse Income Streams The property boasts a diverse range of income streams, making it an ideal addition to your real estate portfolio. Currently, it generates a substantial Net Operating Income (NOI) of $220,000, delivering an attractive Cap Rate of over 5.5%. These strong financials are indicative of the property's potential to provide a reliable and steady return on your investment. Professional Suites and Community Facility The inclusion of professional suites adds an element of business-minded appeal, providing income stability through commercial tenants. Additionally, the presence of a community facility underscores the property's potential for community engagement and outreach. Residential Comfort For residents, this property offers four comfortable apartments, each providing a cozy and convenient living space. These apartments cater to those seeking to live amidst the vibrancy of Sunset Park, making them an attractive choice for renters. Invest in Your Future This investment opportunity is ideal for those looking to diversify their real estate holdings, with a blend of commercial and residential spaces. Don't miss the chance to own a prime piece of real estate in Sunset Park.

Listing History for 813 52nd Street

Now
11/30/2023
POM by King Li
eXp Realty BKNY
10/26/2023
$3,750,000
Initial Price by King Li
eXp Realty BKNY

Building Details for 813 52nd Street

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePost-War
AccessWalk-up
Year Built2019
Floors/Apts2/6
Learn More About the Building

Contact Agent

Contact Agent

King Li
eXp Realty BKNY
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 83710TH