Check Availability
$2,350,000
Property - For Sale

6216 5th Avenue

Brooklyn, NY 11220
bedrooms
Studio
bathrooms
0 Bath
square feet
3300 Sqft
$12,261
Estimated Monthly
$0
HOA / Fees
0.52%
Cap Rate

About This Property

Prime Sunset Park mixed use 3 stories building with 1 commercial store and 2 residential apartments, hot water and heat is separate, the 1st floor store currently rent is $4,050 with 1.5 years lease left, 2nd and 3rd floor apartments with 3 bedrooms each and will be vacant when closing, each apartment is expected to rent $2,600, 1,100 sq ft basement as a storage room can be rent $1,200 or up, total income is looking to $10,450/m, annual gross income $125,400, Rate cap 5.5%. A motivated seller is ready to hear all offers.

The manager has listed the unit size as 3300 square feet.
Unit Size
3,300Ft²
Days on Market
147 days
Land Size
0.04 acres
Price per sqft
$712
Property Type
Property
Property Taxes
$722
HOA Dues
-
Year Built
1931
Listed By
Benson Huang
Re/Max Real Estate Professiona
Last updated: 5 months ago (BMLSNY #478661)

Price History

Date / Event Date Event Price
Dec 8, 2023 Listed by RE/MAX Real Estate Professiona $2,350,000
Listed by RE/MAX Real Estate Professiona

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
Other
Loft
-
-
$1,900,000 Nov 11, 2019
$1,900,000 Jan 31, 2020
-
Commercial
Loft
-
-
$2,205,000 Jul 4, 2022
$2,205,000 Nov 10, 2022
$1,792/mo
House
4 Beds
4 Baths
2,472 ft²
$728/ft²
$1,800,000 Sep 21, 2018
$1,800,000 Jan 20, 2020
-
Townhouse
Stu
-
-
$2,001,000 Feb 25, 2015
$2,001,000 Nov 23, 2015
-
Condo
12 Beds
7 Baths
6,500 ft²
$339/ft²
$2,205,000 Jul 2, 2022
$2,205,000 Nov 10, 2022
$1,792/mo
Townhouse
8 Beds
7 Baths
-
$2,368,000 Mar 22, 2019
$2,368,000 Sep 30, 2019
-
Other
Loft
-
3,410 ft²
$674/ft²
$2,299,000 Nov 12, 2022
-
$1,241/mo
Other
Loft
-
3,300 ft²
$572/ft²
$1,888,000 Sep 8, 2023
-
$537/mo
Other
Loft
-
3,300 ft²
$636/ft²
$2,100,000 Apr 8, 2023
-
$972/mo
Other
Loft
-
3,000 ft²
$698/ft²
$2,095,000 Aug 30, 2023
-
$1,209/mo
Other
Loft
-
3,763 ft²
$611/ft²
$2,300,000 Jan 18, 2023
-
$1,696/mo
Other
Loft
-
3,600 ft²
$555/ft²
$1,999,000 Nov 1, 2023
-
$722/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230920
09/20/2023
Loft
-
-
$2,350,000
bedrooms
Loft
bathrooms
-
-
-
-
Ping Chen
Momentum Real Estate LLC
20220224
02/24/2022
Loft
-
2200 ft²
$2,650,000
bedrooms
Loft
bathrooms
-
square feet
2200 ft²
-
-
-
ChaoHui Andrew Chen
RE/MAX Edge
20210210
02/10/2021
Loft
-
-
$2,700,000
bedrooms
Loft
bathrooms
-
-
-
-
David Feng
E House Realty & Mgt. Inc.
20200711
07/11/2020
Loft
-
-
$2,780,000
bedrooms
Loft
bathrooms
-
-
-
-
-
20190926
09/26/2019
6 Bed
2 Bath
3300 ft²
$1,999,000
bedrooms
6 Bed
bathrooms
2 Bath
square feet
3300 ft²
-
-
-
Leo Lee
Keller Williams Rlty Landmark

Building Info

6216 5th Avenue 6216 5th Avenue, Brooklyn, NY 11220
  • 3 Units
  • 1 Unit for Sale
More about this Building
6216 5th Avenue
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About South Brooklyn


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