5818 5th Ave - Apartments FOR SALE


Brooklyn, NY 11220- Sunset Park
$2,200,000 USD
516-605-7459
5818 5th Ave, Brooklyn, NY for Sale
$2,200,000 USD
Apartments - FOR SALE
1/6
null | 3.5% Cap Rate

5818 5th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Prime Mixed-Use Opportunity in Sunset Park
  • Total of 4,000 Square Feet
  • Additional 2,000 SF of Air Rights
  • Total of 2 Residential Units and 1 Commercial Unit
  • Current NOI of $77,075
  • Located Directly on the 5th Avenue Retail Corridor | Short Walk from the 59th Street "D, N, R & W" Subway Station

OVERVIEW

SAB Capital is pleased to present 5818 5th Ave—a premier mixed-use building located in the heart of Sunset Park, Brooklyn. This property offers a total of 4,000 square feet of retail and residential space, situated on land zoned R6A, C2-4, directly along the vibrant 5th Avenue corridor. The building benefits from excellent location fundamentals, positioned just one block from the 59th Street Subway Station, served by the D, N, R, and W lines. Nestled in one of Brooklyn’s most sought-after neighborhoods, 5818 5th Ave represents a compelling investment opportunity with strong long-term potential.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$550 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,100,000

CAP RATE

3.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5818 5th Ave | Brooklyn, NY

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,000 SF

ZONING

R6A, C2-4

APN/PARCEL ID

00855-0044

ASK ABOUT THIS PROPERTY

Jason GrunbergSAB CapitalMore Info
516-605-7459

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Jason GrunbergSAB CapitalMore Info
516-605-7459

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.