$5,980,000

Estimated payment $34,197/month

Total Views 2,783
-- Bed
-- Bath
3,840 Sq Ft
$1,557 Price per Sq Ft

Highlights

  • Wood Flooring
  • P.S. 160 William T Sampson School Rated A-
  • Multiple cooling system units

About This Home

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 Agent

Xiu Qin Zou

Listed on: 10/29/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,330

Year Built

  • Built in 1930

Lot Details

  • 1,600 Sq Ft Lot
  • Lot Dimensions are 80 x 20
  • Property is zoned R6, C1-3

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 3,840 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Multiple cooling system units

Listing and Financial Details

  • Tax Block 5672

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $5,000
  • Gross Income $348,000
  • Net Operating Income $329,553

Property Details

Property Type

Other

Est. Annual Taxes

$16,330

Year Built

Built in 1930

Lot Details

1,600 Sq Ft Lot

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 80.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Sign - Building
  • Commercial Features Interior: Restrooms - Staff, Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 8th Avenue
  • Cross Street Name2: 55th Street
  • Heat Delivery: Other
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3840
  • Building Stories: 3
  • Street Name I D X: 8th
  • Year Built: 1930
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Lot Sq Ft: 1600

Exterior Features

  • Yard: Other
  • Exterior Building Type: Attached
  • Construction Type: Other
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 4
  • Roof: Other

Utilities

  • Air Conditioning Units: 5+
  • Electric: Other
  • Heating Fuel: Other
  • Hot Water: Other

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 20
  • Zoning: R6, C1-3

Rental Info

  • Rent Income: 348000

Multi Family

  • Annual Gross Expense: 18447.50
  • Annual Gross Income: 348000
  • Insurance Expense: 5000.00
  • Property Net Operating Income: 329552.50
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 16330.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/30/2025 10/30/25 Price Changed $5,980,000 -0.3% $1,557 / Sq Ft
10/29/2025 10/29/25 For Sale $6,000,000 -- $1,563 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 497004

Brooklyn Board of REALTORS®

APN: 05672-0004

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