6002-6020 3rd Ave - Apartments FOR SALE


Brooklyn, NY 11220- Sunset Park
$29,000,000 USD
646-706-1481
6002-6020 3rd Ave, Brooklyn, NY for Sale
$29,000,000 USD
Apartments - FOR SALE
1/17
null | 6.74% Cap Rate

6002-6020 3rd Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • 53 Residential Units – Fully stabilized with 52 × 2BR + 1 × 1BR layouts
  • Ground-Floor Retail Spaces – Prime commercial frontage with high foot traffic
  • Premier corner site in Sunset Park, blocks from 8th Ave commercial district
  • Minutes to Industry City, one of NYC’s largest adaptive reuse projects
  • Proximity to major highways, subways, and public amenities
  • Surrounded by robust residential demand and diverse tenant base

OVERVIEW

Trophy Mixed-Use Building | Sunset Park Corner | 6.74% Cap | 421a Tax Abatement | 30 Parking Spaces Incredible investment opportunity in Brooklyn’s thriving Sunset Park! This newly built (2022) mixed-use corner building offers 53 residential units (52 × 2BR + 1 × 1BR), commercial units, and rare 30 on-site parking spaces. Total gross income: $2,110,620; NOI: $1,954,834; Cap Rate: 6.74%. Lot size: 200’x100’, building size: 200’x99’. Includes rooftop deck, bike room, laundry, virtual doorman, and... This is not just a building — it’s a core, stabilized asset in a qualified opportunity zone with clear potential for future condo conversion, rent roll growth, or structured recapitalization. The strong operating income, combined with long-term tax protection, makes this ideal for private equity groups, family offices, and 1031 exchange buyers seeking turnkey stability and strategic positioning in NYC’s evolving multifamily landscape.A cornerstone opportunity in one of Brooklyn’s most resilient markets. Contact us now to request the full setup package, financials, and rent roll. Private tours available by appointment only.

FOR SALE DETAILS

PRICE

$29,000,000 USD

PRICE/SF

$485 USD /SF

# OF UNITS

53

PRICE/UNIT

$547,170

CAP RATE

6.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2022

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

R6B

APN/PARCEL ID

05780-0045

ASK ABOUT THIS PROPERTY

Mandy (Meijuan) JiangAshford HomesMore Info
646-706-1481

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Mandy (Meijuan) JiangAshford HomesMore Info
646-706-1481

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