6216 5th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $13,075/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- Back Yard
- Junior High School 227 Edward B Shallow Rated A-
About This Home
There’s a fantastic mixed-use building in the heart of Sunset Park that you definitely need to check out! This building is perfectly situated on a busy avenue and consists of three floors plus a basement. The ground-floor store, currently rented out at $4250/ monthly, it has a lease that will expire next year. This could be a great chance to renegotiate or start your own business in this prime location. The second floor features a spacious three-bedroom apartment, which can be closed off for privacy or rented out for additional income. The top floor is currently empty, offering even more potential for rental income or personal use. One of the best parts? The property tax is surprisingly low, and the annual insurance cost is about $3,500. Plus, the water bill is only $1,600 a year, making this property even more financially attractive. Location-wise, you couldn’t ask for better. It’s within a short distance to the vibrant 8th Avenue Chinatown and close to schools, making it a perfect spot for families and businesses alike. The area is always bustling, providing great foot traffic for any commercial endeavor. Whether you’re looking to open a new store, rent out the apartments, or both, this property offers incredible potential. What are you waiting for? You could be the proud owner of this prime piece of real estate and enjoy the additional rental income. Don’t miss out on this opportunity. Call today to learn more and schedule a viewing!
Property Details
Property Type
- Other
Lot Details
- 1,600 Sq Ft Lot
- Lot Dimensions are 80 x 20
- Back Yard
Parking
- On-Street Parking
Home Design
- Mixed Use
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
Interior Spaces
- 3,300 Sq Ft Home
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Stone
- Tile
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 200+ Amp Service
- Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Block 5800
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $8,636 | $86,520 | $21,900 | $64,620 |
| 2025 | $8,636 | $83,580 | $21,900 | $61,680 |
| 2024 | $8,636 | $84,840 | $21,900 | $62,940 |
| 2023 | $8,665 | $85,680 | $21,900 | $63,780 |
| 2022 | $8,036 | $77,220 | $21,900 | $55,320 |
| 2021 | $7,992 | $71,940 | $21,900 | $50,040 |
| 2020 | $3,748 | $81,780 | $21,900 | $59,880 |
| 2019 | $7,495 | $86,100 | $21,900 | $64,200 |
| 2018 | $7,637 | $35,557 | $10,851 | $24,706 |
| 2017 | $6,838 | $33,546 | $10,981 | $22,565 |
| 2016 | $6,327 | $31,648 | $10,867 | $20,781 |
| 2015 | $3,817 | $29,859 | $11,731 | $18,128 |
| 2014 | $3,817 | $29,859 | $13,589 | $16,270 |
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 |
|---|---|---|---|---|
| 10/16/2024 10/16/24 | Price Changed | $2,250,000 | -2.2% | $682 / Sq Ft |
| 07/11/2024 07/11/24 | For Sale | $2,300,000 | -- | $697 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 484469
APN: 05800-0041
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The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.
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Ask me questions while you tour the home.