Calling ALL Investors, Developers, and End Users. Rare Well-Maintained Mix Use Solid Brick Building For Sale in the Heart of Brooklyn Chinatown. The property is located on 8th Ave Zone for R6 with C 1-3 Commercial Overlay. Building Size: 19x55, Lot Size: 19x80, NYC sqft: 3,135 sqft, Low Taxes: $8,826. There is a Lot of Potential to Develop the Property Or Use "AS IS" set up as 2 Family (vacant) and Retail Store, a total of 4 Levels. Highly Desirable Area with Extremely Heavy Foot Traffic Throughout the Day. Great for Investors with Low Vacancy Rate or Live In One Unit and Rent Out Other Unit. Close to Restaurants, Bubble Tea Shops, Seafood Markets, Supermarkets, Bakeries, Public Transportation (B70, B9, B16, 8th Ave N Line Station, Major Highways), Heart of Food Galore.
Sold
$5,500,000
5713 8th Ave, Brooklyn, NY 11220
6beds
3,135sqft
Building
Built in 1920
-- sqft lot
$3,920,600 Zestimate®
$1,754/sqft
$5,618 Estimated rent
Home value
$3,920,600
$3.33M - $4.51M
$5,618/mo
Zestimate® history
Owner options
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$5,618/mo
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$5,618/mo
Rent Zestimate®
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$32,796/mo
Est. payment
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$32,796/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Hui Bing Wu,
Kate Lynn Realty Inc
Source: StreetEasy,MLS#: S1710186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Features
- Flooring: Hardwood
Interior area
- Total structure area: 3,135
- Total interior livable area: 3,135 sqft
Property
Details
- Parcel number: 056930004
- Special conditions: Resale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Building
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Brooklyn
- Subdivision: Sunset Park
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $5,500,000-6.6%$1,754/sqft |
Source: Public Record Report a problem | ||
| 4/25/2024 | Pending sale | $5,888,000$1,878/sqft |
Source: StreetEasy Report a problem | ||
| 4/10/2024 | Listed for sale | $5,888,000$1,878/sqft |
Source: StreetEasy Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,689 +4.7% | $107,220 +2.3% |
| 2024 | $9,252 | $104,820 +13.1% |
| 2023 | -- | $92,640 +19.5% |
| 2022 | -- | $77,520 +10.1% |
| 2021 | -- | $70,440 -12.6% |
| 2020 | $8,317 +6.2% | $80,580 |
| 2019 | $7,829 +3.3% | $80,580 +122.5% |
| 2018 | $7,576 +3.9% | $36,216 +1.2% |
| 2017 | $7,295 +9% | $35,784 |
| 2016 | $6,694 | $35,784 +5.5% |
| 2015 | $6,694 +73.8% | $33,909 +6% |
| 2014 | $3,852 | $31,990 |
Find assessor info on the county website
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 7/10Ps 105 The BlythebourneGrades: K-5Distance: 0.3 mi
- 6/10Jhs 223 The MontaukGrades: 6-8Distance: 1.4 mi
- 3/10Franklin Delano Roosevelt High SchoolGrades: 9-12Distance: 1.7 mi
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