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5811 5th Avenue, Sunset Park, NY 11220

[Sunset Park Real Estate, listing number 3300105]



Description: 3300105
   Exquisite Investment Opportunity in Sunset Park â?? 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 Brooklynâ??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 Brooklynâ??s real estate landscape. Secure your stake in one of New York Cityâ??s most sought-after neighborhoods and watch your portfolio thrive.

Details:
   Families: 8
   Property Type: Mixed Use
   Lot Size: 2600
   Built: 1958

Financials:
   Price: $2,398,888

 

RE/MAX Edge
Zaiyou (joe) Zhu
Office: (718)612-3088

provided by Brooklyn NY MLS