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For sale
  • $2,990,000

    5721 5th Ave, Brooklyn, NY 11220

    --beds
    0baths
    --sqft
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    Mixed Use
    Built in ----
    2,500 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Great opportunity to own a prime mixed-use building in the heart of Sunset Park's 5th Avenue business district! Featuring 4 residential units and 2 commercial units with a current rent roll of approximately $16,700/month, this property offers immediate cash flow with tremendous upside. All tenants are on a month-to-month basis, the future owner has the flexibility to adjust rents and unlock the property's full income potential. The building sits on a 25x100 lot with a 25x65 building, and the first floor is extended to 25x95. Ideally located just minutes away from the R train and only a short distance from Brooklyn's bustling Chinatown on 8th Avenue. With strong residential demand and high commercial foot traffic, this is a rare investment opportunity that combines high return on investment, stability, growth, and long-term value in one of Brooklyn's most sought-after neighborhoods. Apartments will be delivered vacant at closing.
    98 days
    |
    140
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    E House Realty & Mgt. Inc. 718-680-2776,

    David Feng (718) 680-2776

    Source: BNYMLS,MLS#: 500348MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Heating
      • Natural Gas, Other
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Other
      • Basement: Cellar

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 3
      Lot
      • Size: 2,500 Square Feet
      • Dimensions: 25x100
      Details
      • Foundation area: 1625
      • Parcel number: 008480002
      • Zoning: C2-4/R6A
      • Special conditions: Arm's Length

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Mixed Use
      • Attached to another structure: Yes
      Materials
      • Other, Block
      • Foundation: Block
      • Roof: Other

      Utilities & green energy

      • Electric: 220 Volts

      Community & HOA

      Community
      • Subdivision: Brooklyn
      Location
      • Region: Brooklyn

      Financial & listing details

      • Tax assessed value: $1,214,000
      • Annual tax amount: $27,965
      • Date on market: 4/9/2026
      • Cumulative days on market: 1142 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,032/mo

        Price history

        DateEventPrice
        4/9/2026Listed for sale$2,990,000
        Source: BNYMLS #500348 Report a problem
        3/16/2026Listing removed$2,990,000
        Source: BNYMLS #498413 Report a problem
        1/19/2026Price change$2,990,000-2.9%
        Source: BNYMLS #498413 Report a problem
        9/3/2025Price change$3,080,000-23%
        Source: BNYMLS #473606 Report a problem
        3/1/2024Listed for sale$3,999,000
        Source: BNYMLS #473606 Report a problem
        9/29/2023Listing removed--
        Source: BNYMLS #473606 Report a problem
        4/27/2023Listed for sale$3,999,000+627.1%
        Source: BNYMLS #473606 Report a problem
        11/13/2000Sold$550,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$27,829 +0.2%$546,300 +11.5%
        2024$27,766 $490,050 +7.8%
        2023-- $454,500 -1.4%
        2022-- $460,800 +8.5%
        2021-- $424,800 -8.9%
        2020$21,465 +0.7%$466,200 -1.7%
        2019$21,309 $474,120 +199.7%
        2018-- $158,184 +2.4%
        2017$19,639 +2.6%$154,404 +8%
        2016$19,148 $142,968 +8%
        2015$19,148 +60%$132,379 +0.7%
        2014$11,966 $131,414
        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

        96 / 100
        Walker's Paradise
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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