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  • 5206 6th Avenue
  • $ 2,499,900
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220

5206 6th Avenue

Sunset Park   |   6TH AVE & 52ND ST

Building For Sale
$ 2,499,900
Ownership Multi-Family
Lot Size 35'x100'
Status Active
Real Estate Taxes [Per Annum] $ 30,015
Building Size 35'x89'
Year Built 1910
ASF/ASM 12,460/1,158
 

Photos

5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
5206 6th Avenue Sunset Park Brooklyn NY 11220

Property Description

Attention Investors! Excellent income-producing opportunity in the heart of Sunset Park, Brooklyn! This 4-story brick multifamily building features 16 residential units, consisting of 6 three-bedroom units, 8 two-bedroom units, and 2 one-bedroom units. Situated on a 35’ × 100’ lot with a 35’ × 89’ building footprint, the property offers approximately 12,460 SF of building space. Current total monthly rental income is approximately $21,500 with a CAP rate close to 7%. A standout feature is the extra-high basement with windows in each section, providing natural light and substantial additional space for storage and building operations. C2-4 / R6A zoning offers additional flexibility and future potential, subject to applicable zoning regulations and approvals. Prime Sunset Park location near the 5th Avenue, 7th Avenue, and 8th Avenue commercial corridors, surrounded by shopping, restaurants, supermarkets, and neighborhood amenities. Close to Industry City, with convenient access to the D, N & R subway lines and B11, B70 & B63 buses. A rare opportunity to acquire a strong income-producing 16-unit multifamily asset in one of Brooklyn’s most established neighborhoods.
Attention Investors! Excellent income-producing opportunity in the heart of Sunset Park, Brooklyn! This 4-story brick multifamily building features 16 residential units, consisting of 6 three-bedroom units, 8 two-bedroom units, and 2 one-bedroom units. Situated on a 35’ × 100’ lot with a 35’ × 89’ building footprint, the property offers approximately 12,460 SF of building space. Current total monthly rental income is approximately $21,500 with a CAP rate close to 7%. A standout feature is the extra-high basement with windows in each section, providing natural light and substantial additional space for storage and building operations. C2-4 / R6A zoning offers additional flexibility and future potential, subject to applicable zoning regulations and approvals. Prime Sunset Park location near the 5th Avenue, 7th Avenue, and 8th Avenue commercial corridors, surrounded by shopping, restaurants, supermarkets, and neighborhood amenities. Close to Industry City, with convenient access to the D, N & R subway lines and B11, B70 & B63 buses. A rare opportunity to acquire a strong income-producing 16-unit multifamily asset in one of Brooklyn’s most established neighborhoods.

Listing Courtesy of E House Realty & Mgt. Inc.

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Exposed Bricks
Hardwood Floors
Private Entrance
5206 6th Avenue Sunset Park Brooklyn NY 11220
5206 6th Avenue Sunset Park Brooklyn NY 11220

Building Details [5206 6th Avenue]

Ownership Multi-Family
Block/Lot 808/38
Building Size 35'x89'
Zoning R6A, C2-4
Year Built 1910
Floors 4
Lot Size 35'x100'

Mortgage Calculator in [US Dollars]

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 503888