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  • $5,500,000

    5217 8th Ave, Brooklyn, NY 11220

    0beds
    3,720sqft
    Loading
    Mixed Use
    Built in 1920
    -- sqft lot
    $1,048,100 Zestimate®
    $1,478/sqft
    $-- HOA

    What's special

    Prime Investment Opportunity in the Heart of Sunset Park 5217 8th Avenue presents an exceptional opportunity to acquire a strategically located Brooklyn property along one of Sunset Park’s most active and established commercial corridors. Situated in the heart of the vibrant 8th Avenue community, the property benefits from strong neighborhood activity, convenient transportation, established businesses, restaurants, supermarkets, and a dense surrounding residential population—important fundamentals for long-term real estate ownership. For investors, the true appeal lies in the property's location and future potential. Properties along established Brooklyn commercial corridors are increasingly difficult to replicate, making this an attractive opportunity for buyers focused on long-term appreciation, income potential, and value creation. The property may offer opportunities for an investor to enhance operations, reposition the asset, increase income, or explore future redevelopment possibilities, subject to applicable zoning and governmental approvals. With its combination of a prime 8th Avenue location, strong neighborhood fundamentals, accessibility, and long-term upside potential, 5217 8th Avenue represents an opportunity to acquire a well-positioned asset in one of Brooklyn’s established communities. Ideal for investors, owner-users, and buyers seeking a long-term Brooklyn real estate holding with value-add potential.
    1 day
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    Zillow last checked:

    Listing updated:

    Listed by:

    Eugene Huang, LREB 646-688-8884,

    Eugene Huang

    Source: StreetEasy,MLS#: S1848972

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Appliances
      • Laundry: Inside
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 3,720
      • Total interior livable area: 3,720 sqft

      Property

      Details
      • Parcel number: 056580003
      • Special conditions: Resale

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      Condition
      • Year built: 1920

      Community & HOA

      Community
      • Subdivision: Sunset Park
      HOA
      • Has HOA: Yes
      • Amenities included: Laundry
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,478/sqft
      • Tax assessed value: $784,000
      • Annual tax amount: $13,191
      • Date on market: 9/22/2026

        Estimated market value

        $1,048,100

        $933,000 - $1.16M

        $3,406/mo

        Price history

        DateEventPrice
        9/22/2026Listed for sale$5,500,000$1,478/sqft
        Source: StreetEasy #S1848972 Report a problem
        4/8/2014Listing removed$2,600$1/sqft
        Source: Zillow Rental Network Report a problem
        1/9/2014Listed for rent$2,600$1/sqft
        Source: Zillow Rental Network Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$13,191 -0.5%$352,800 +11.5%
        2024$13,257 $316,350 +7.8%
        2023-- $293,400 -1.4%
        2022-- $297,450 +8.4%
        2021-- $274,500 -9.6%
        2020$10,174 $303,750
        2019$10,174 $303,750 +284.4%
        2018-- $79,011 +8%
        2017$9,307 +6.6%$73,171 +8%
        2016$8,730 $67,765 +8%
        2015$8,730 +60.2%$62,747
        2014$5,449 $62,747
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        92 / 100
        Walker's Paradise
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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