$2,300,000
Updated a month ago
Off Market

5811 5th Ave

Sunset Park, Brooklyn | 58th Street & 59th Street

38 Rooms18 Beds6.5 Baths7,000 Square FeetIncome Property

$2,300,000
floors / apts4 / 6
Lot Size26'x100'
Built Size26'x64'
ZoneR6A
Building TypeLow-Rise
RE Taxes$25,886
Price Per SF
$329

Building Amenities

  • Voice Intercom

Property Description for 5811 5th Ave

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.

Building Details for 5811 5th Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/6
Learn More About the Building

Contact Agent

Contact Agent

Joe Zhu
RE/MAX Edge
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: 99218TH