Skip main navigation
For sale
  • $5,980,000

    5415 8th Ave, Brooklyn, NY 11220

    --beds
    3,840sqft
    Loading
    Mixed Use
    Built in 1930
    1,600 Square Feet Lot
    $-- Zestimate®
    $1,557/sqft
    $-- HOA

    What's special

    Prime Sunset Park Mixed-Use Building For Sale! Excellent investment opportunity featuring a 3-story building with a full finished basement—2 family and 1 commercial storefront. Lot size 20x80; Building size: 1FL 20x80, 2FL&3FL 20x56. Ideally located on 8th Avenue in the heart of Sunset Park, a highly desirable commercial corridor with strong foot traffic and excellent visibility.The ground-floor retail unit is currently a pharmacy with 2 years remaining on the lease and a 3-year option to renew; rent includes 25% of property tax. The 2nd and 3rd floor residential units have been renovated and require no additional work. The residential units can be DELIVERED VACANT, offering great flexibility for owner-use or rental. Convenient to N train and B9, B70 bus lines, restaurants, supermarkets, and all neighborhood amenities. Excellent income-producing property with a current 5.51% cap rate and strong potential to reach 6.71%! A rare find in a prime 8th Avenue location! All information is deemed reliable but is not guaranteed. Buyer is advised to independently verify the accuracy of all information.
    258 days
    |
    160
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Fang Fang Realty Inc 718-676-2518,

    Xiu Qin (Jenny) Zou 646-549-2722

    Source: BNYMLS,MLS#: 497004MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 4
      • 1/2 bathrooms: 4
      Heating
      • Other
      Cooling
      • Has cooling: Yes
      Features
      • Flooring: Hardwood
      • Basement: Finished,Full
      Interior area
      • Total structure area: 3,840
      • Total interior livable area: 3,840 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 3
      Lot
      • Size: 1,600 Square Feet
      • Dimensions: 20x80
      Details
      • Foundation area: 1600
      • Parcel number: 056720004
      • Zoning: R6, C1-3
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Brick, Other
      • Foundation: Other
      • Roof: Other
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: Other

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Price per square foot: $1,557/sqft
      • Tax assessed value: $1,349,000
      • Annual tax amount: $16,330
      • Date on market: 10/29/2025
      • Cumulative days on market: 259 days
      • Total actual rent: 348000

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $5,116/mo

        Price history

        DateEventPrice
        10/30/2025Listed for sale$5,980,000+7.2%$1,557/sqft
        Source: BNYMLS #497004 Report a problem
        5/28/2022Listing removed--
        Source: RE/MAX International Report a problem
        5/3/2021Price change$5,580,000-1.2%$1,453/sqft
        Source: BNYMLS #446427 Report a problem
        3/17/2021Price change$5,650,000-0.5%$1,471/sqft
        Source: BNYMLS #446427 Report a problem
        1/7/2021Listed for sale$5,680,000+62.3%$1,479/sqft
        Source: RE/MAX Edge #446427 Report a problem
        1/30/2017Sold$3,500,000+2352.7%$911/sqft
        Source: Public Record Report a problem
        12/6/2010Sold$142,700$37/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,250 +2.7%$607,050 +16.7%
        2024$15,822 $520,200 +18.3%
        2023-- $439,650 +20%
        2022-- $366,300 +25%
        2021-- $292,950 -8.3%
        2020$12,534 +3.2%$319,500 +5.8%
        2019$12,143 $301,860 +234.8%
        2018-- $90,161 +8%
        2017$10,621 +6.6%$83,502 +8%
        2016$9,961 $77,320 +0%
        2015$9,961 +59.3%$77,300 +3.2%
        2014$6,253 $74,887
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sunset Park

        Getting around

        92 / 100
        Walker's Paradise
        61 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes