5811 5th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $14,577/month
Highlights
- Wood Flooring
- 3-minute walk to 59 Street (N,R Line)
- Back and Front Yard
- IS 220 John J. Pershing Rated A-
- Multiple cooling system units
About This Home
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
Property Type
- Other
Est. Annual Taxes
- $25,886
Year Built
- Built in 1958
Lot Details
- 2,600 Sq Ft Lot
- Lot Dimensions are 100 x 26
- Back and Front Yard
- Property is zoned R6A, C2-4
Home Design
- Mixed Use
- Brick Exterior Construction
Interior Spaces
- 7,000 Sq Ft Home
- 4-Story Property
- Wood Flooring
Basement
- Basement Fills Entire Space Under The House
- Partial Basement
Utilities
- Multiple cooling system units
- Heating System Uses Gas
Community Details
Overview
- 8 Units
Building Details
- Fuel Expense $7,000
- Insurance Expense $4,250
- Utility Expense $1,600
- Gross Income $194,219
- Net Operating Income $150,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Price Changed | $2,398,887 | 0.0% | $343 / Sq Ft |
| 04/22/2025 04/22/25 | Price Changed | $2,398,888 | -4.0% | $343 / Sq Ft |
| 03/18/2025 03/18/25 | Price Changed | $2,498,888 | 0.0% | $357 / Sq Ft |
| 02/11/2025 02/11/25 | For Sale | $2,500,000 | -- | $357 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 489158
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