Northern Westchester / Putnam - Lee Kader
1/18
Listing Courtesy Of: RE/MAX Edge, ZaiYou (Joe) Zhu
Local Realty Services Provided By: Keller Williams Realty Empire
Overview
What It'll Cost
Neighborhood
Similar Homes

$2,498,888
5811 5th Avenue, Brooklyn, NY 11220
7,000 sq ft
.06 ac
Price Drop: $1,112 (4 days ago)
$2,498,888
$2,500,000

5811 5th Avenue, Brooklyn, NY 11220

Estimation provided by Keller Williams Realty Inc.
7,000 sq ft
.06 ac
Active
For Sale
Virtual Tour
Keller Williams Realty Advantage Fair Housing

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.

Property Details

Compare This Home
Overview
Property Type
Mixed Use
Property Size
7,000 sq ft
Year Built
1958
Days on Site
39 Days
HVAC
Gas
Parking
No
Keller Williams Realty Partners
Northern Westchester / Putnam
10401217960

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

Estimated Monthly Payment

Purchase Price: $2,498,888
Principal + Interest
$0 (0%)
Property Tax
$0 (0%)
Home Insurance
$0 (0%)
HOA/Condo Fee
$0 (0%)
Mortgage Insurance
$0 (0%)
Purchase Price
$
Purchase price has been changed to something other than the currently listed price.
Down Payment
%
$
Interest Rate
%
Loan Type
Property Tax
%
$
Home Insurance /year
$
HOA/Condo Fees /month
$
Mortgage Insurance /month
$
Credit Score
This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
03/18/2025
Price Decrease
$2,498,888
(-0.04%)
02/10/2025
Listed
$2,500,000
No Tax History Data
There are no tax history data available for this property at this time. Please consult with your agent if you have any questions.
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

Explore Sunset Park East (59th-6Ave)

Go to Neighborhood

market snapshot

Currently no active listings available that meet the criteria for market statistics calculations.

Nearby Schools

No data to show right now.

No data to show right now.

Disclaimer: This information is provided by Precisely and subject to change. Please check the applicable school district.

Transit & Commute

Estimated commute times from Sunset Park East (59th-6Ave)
Car-Dependent Walkable Very Walkable
Keller Williams Realty Partners
Northern Westchester / Putnam
10401217960

Similar Properties

Properties with similar features, attributes, and price to this current listing
Featured Properties
Sold
New - 15,090 Hours
Open House
$2,780,000
6,500 sq ft
0.06 ac
5709 5th Avenue, Brooklyn, NY 11220
Listing Courtesy Of: RE/MAX Edge, XiaoMei(May) He

This website uses cookies to improve your experience. For more info, read our Cookie Policy. By clicking “Accept” or continuing to use this site, you agree to our use of cookies Terms of Use and Privacy Policy.