Check Availability
$3,100,000
↓ $500K (13.9%)
Multifamily - For Sale

5405 6th Avenue

Brooklyn, NY 11220
bedrooms
Studio
bathrooms
0 Bath
square feet
4723 Sqft
$16,585
Estimated Monthly
$0
HOA / Fees
0.10%
Cap Rate

About This Property

Prime Location 6 Avenue 54 street Sunset park, Busy high traffic area newly rebuilt gut renovated from ground up legal 3 family with storefront & LEGAL basement storefront/Office/ Storage! Huge three residential apartment, each consist of 4 bedrooms & 2 full baths & 2 balcony! Lots of closet space, Average residential size 1,822 sq ft with high ceiling! New kitchen bathroom, floors too much to say! Month to month occupancy! Storefront 1,080 sq ft with full finished basement with high ceiling & bathroom with its separate entrance & boiler! Building size 20 x 55 lot size 20 x 80. R6 S2zoning. Storefront currently discount 99 cents store -no lease - paying $ 5,000-month NNN lease. Projected Cap rate 7% with many upsides potential Projected $ 366,000 yr income! All market values! Near 8th Or 4 Avenue shopping corridor, all train, restaurant & much more!

The manager has listed the unit size as 4723 square feet.
Unit Size
4,723Ft²
Days on Market
1511 days
Land Size
0.04 acres
Price per sqft
$656
Property Type
Multifamily
Property Taxes
$1,363
HOA Dues
-
Year Built
1910
Listed By
Jean Paul Ho
Brooklyn Real Property, Inc.
Last updated: 19 days ago (BMLSNY #429055)

Price History

Date / Event Date Event Price
Dec 10, 2022 Price Decreased $3,100,000
↓ $500K (13.9%)
Price Decreased
Nov 7, 2020 Relisted $3,600,000
Relisted
Nov 6, 2020 No longer available -
No longer available
Mar 9, 2020 Listed by BRP Associates Inc $3,600,000
Listed by BRP Associates Inc

Property Highlights

Exterior Details

Exterior Information

Brick

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
-
$2,205,000 Jul 4, 2022
$2,205,000 Nov 10, 2022
$1,792/mo
Townhouse
Stu
-
-
$2,975,000 May 9, 2019
$2,975,000 Nov 22, 2019
-
Other
Loft
-
4,347 ft²
$713/ft²
$3,100,000 Nov 21, 2022
-
$7,661/mo
Other
Loft
-
4,340 ft²
$645/ft²
$2,800,000 Dec 11, 2023
-
-
Other
Loft
-
4,032 ft²
$632/ft²
$2,550,000 Mar 9, 2020
-
$8,265/mo
Other
Loft
-
3,900 ft²
$718/ft²
$2,800,000 May 24, 2022
-
-
Other
Loft
-
3,000 ft²
$1,160/ft²
$3,480,000 May 2, 2023
-
-
Other
Loft
-
6,500 ft²
$428/ft²
$2,780,000 Jul 3, 2023
-
$1,813/mo
Commercial
Loft
-
3,780 ft²
$910/ft²
$3,439,800 Aug 18, 2022
-
-
Townhouse
Stu
8 Baths
4,330 ft²
$781/ft²
$3,380,000 Apr 14, 2023
-
-
Other
Loft
-
-
$3,700,000 May 1, 2021
-
$9,480/mo
Other
Loft
-
-
$2,490,000 Jun 14, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190416
04/16/2019
12 Bed
6 Bath
3643 ft²
$4,200,000
bedrooms
12 Bed
bathrooms
6 Bath
square feet
3643 ft²
-
-
-
Jean Paul Ho
Brooklyn Real Property, Inc.

Building Info

5405 6th Avenue 5405 6th Avenue, Brooklyn, NY 11220
  • 3 Units
  • 1 Unit for Sale
More about this Building
5405 6th Avenue
Want to find out who owns 5405 6th Avenue, Brooklyn, NY 11220? Get detailed property transactions here .

About South Brooklyn


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