5811 5th Avenue
Brooklyn, NY, 11220 $ 2,398,887
Bedrooms-- Baths-- Sq 7,000 Monthly Estimate*
$ 14,966
for $2,398,887. This 7,000 square foot building was built in 1958 on a lot size of 0.059688.
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.
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FeaturesInteriorHeating Fuel Gas Other
Flooring Hardwood
Hot Water Other
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GeneralCeiling Height Other
Roof Other
Zoning R6A C2-4
Electric Other
Stories Count 4
Property Type Mixed Use
Yearly Taxes 25886.00
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Other
Cumulative Days on Market 308
MLS Area Sunset Park
Sub Type Mixed Use
Year Built 1958
City Brooklyn
DOM 308
# Families 8
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
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ExteriorExterior Brick
Lot Dimensions 2600
Foundation Other
Parking Attrib None
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Internal OnlyOriginating MLS Brooklyn New York MLS
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $14,966
- Monthly Property Taxes
- $2,157
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Brooklyn, NY
Average List Price $1,842,283
Percent of Sale Price 23%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/14/2025 | $2,398,887 | 0.00% | Price Down |
| 4/22/2025 | $2,398,888 | -4.00% | Price Down |
| 3/18/2025 | $2,498,888 | -0.04% | Price Down |
| 2/11/2025 | $2,500,000 | | Listed Price |