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Sold for $2,065,000
  • $2,065,000

    5806 5th Ave, Brooklyn, NY 11220

    --beds
    3,000sqft
    Mixed Use
    Built in 1931
    2,000 Square Feet Lot
    $1,810,900 Zestimate®
    $688/sqft
    $4,362 Estimated rent

    Home value

    $1,810,900

    $1.63M - $2.03M

    $4,362/mo

    Zestimate® history
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    $4,362/mo

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    Rent Zestimate®

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    $12,314/mo

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    $12,314/mo

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    What's special

    Incredible investment opportunity in the heart of Sunset Park. This 2 family mixed use property is located on the busy 5th Avenue shopping corridor. This 3,000 sq ft building consists of 2 large one bedroom apartments with an additional office/bedroom, kitchen, living room, dining area, and bathroom. Both apartments have been nicely renovated and boast 10ft ceilings. The commercial space currently includes a well established business but will be delivered vacant at closing. The current residential tenants are on a month to month basis. The building also includes a large fully finished basement currently being used by the business. Both the commercial space and basement have access to the backyard as well. This property is perfectly located within steps of all mass transportation. Conveniently located from the R and N subway lines, as well as the B63 (Bay Ridge-Cobble Hill), B9 (Bay Ridge-Kings Plaza), B11 (Sunset Park-Midwood), B37 (Downtown Bklyn-Bay Ridge), and also the NYC Ferry line. Many public and private schools all within the surrounding area. This is a wonderful opportunity to acquire an asset with added value potential. Don’t miss out.

    Zillow last checked:

    Listing updated:

    Listed by:

    Francesco Francoforte 646-261-5403,

    MadisonEstates Sothebys Realty

    Source: BNYMLS,MLS#: 476192MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 3
    • 1/2 bathrooms: 3
    Heating
    • Natural Gas, Baseboard, Hot Water
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Hardwood, Other
    • Basement: Finished,Full
    Interior area
    • Total structure area: 3,000
    • Total interior livable area: 3,000 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Stories: 3
    Lot
    • Size: 2,000 sqft
    • Dimensions: 20x100
    • Features: Back Yard
    Details
    • Foundation area: 1100
    • Parcel number: 008550039
    • Zoning: R6A
    • Special conditions: Arm's Length

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Mixed Use
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Other
    • Roof: Flat
    Condition
    • Year built: 1931

    Utilities & green energy

    • Electric: 110 V, 220 Volts

    Community & neighborhood

    Location
    • Region: Brooklyn
    • Subdivision: Brooklyn

    HOA & financial

    Other financial information
    • Total actual rent: 3400

    Price history

    DateEventPrice
    1/31/2024Sold$2,065,000-3.9%$688/sqft
    Source: BNYMLS #476192 Report a problem
    9/27/2023Pending sale$2,148,000$716/sqft
    Source: BNYMLS #476192 Report a problem
    8/14/2023Listed for sale$2,148,000$716/sqft
    Source: BNYMLS #476192 Report a problem
    9/30/2012Listing removed$1,500$1/sqft
    Source: Diana RapidNYC Report a problem
    9/29/2012Listed for rent$1,500$1/sqft
    Source: Diana RapidNYC Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,781 +4.7%$75,720 +7.4%
    2024$6,475 $70,500 -4.2%
    2023-- $73,620 +1.6%
    2022-- $72,480 +10.5%
    2021-- $65,580 +1.4%
    2020$6,028 +6%$64,680 +15%
    2019$5,686 +7.3%$56,220 +121.8%
    2018$5,302 +3.8%$25,344 +1.1%
    2017$5,108 -5.1%$25,056
    2016$5,384 $25,056 +5.6%
    2015$5,384 +104.6%$23,730 +6%
    2014$2,631 $22,387

    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating