$5,980,000 $6,000,000
Updated 12 hours ago
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5415 8th Ave

Borough Park, Brooklyn | 53rd Street & 54th Street

15 Rooms8 Beds4.5 Baths3,840 Square FeetMixed Use

$5,980,000 $6,000,000
floors / apts3 / 2
Lot Size20'x80'
Built Size20'x56'
ZoneR6
Building TypeLow-Rise
RE Taxes$16,330
Price Per SF
$1,557

Property Description for 5415 8th Ave

Prime Sunset Park Mixed-Use Building For Sale! Excellent investment opportunity featuring a 3-story building with a full finished basement—2 family and 1 commercial storefront. Lot size 20x80; Building size: 1FL 20x80, 2FL&3FL 20x56. Ideally located on 8th Avenue in the heart of Sunset Park, a highly desirable commercial corridor with strong foot traffic and excellent visibility.The ground-floor retail unit is currently a pharmacy with 2 years remaining on the lease and a 3-year option to renew; rent includes 25% of property tax. The 2nd and 3rd floor residential units have been renovated and require no additional work. The residential units can be DELIVERED VACANT, offering great flexibility for owner-use or rental. Convenient to N train and B9, B70 bus lines, restaurants, supermarkets, and all neighborhood amenities. Excellent income-producing property with a current 5.51% cap rate and strong potential to reach 6.71%! A rare find in a prime 8th Avenue location! All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.

Listing History for 5415 8th Ave

Now
10/30/2025
$5,980,000 [-$20,000] [0.3%]
Price Drop by Xiu Qin Zou
Fang Fang Realty
10/30/2025
$6,000,000
Initial Price by Xiu Qin Zou
Fang Fang Realty

Building Details for 5415 8th Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1930
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

8 Av
0.37 miles
Fort Hamilton Pkwy
0.49 miles

Citi Bike

55 St & 7 Ave
0.17 miles
57 St & 7 Ave
0.2 miles
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: 83236TH