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3,265 sqft

$2,980,000

5721 5th Avenue, Brooklyn NY, 11220

Price per sqft$912.71
Property size3,265 sqft
Property typeMulti-family

Overview

Active

Listed Oct 27, 2026

Updated 10 days ago

INVESTOR ALERT – Prime Mixed-Use Building on Brooklyn's bustling 5th Avenue! This well-maintained 2-store + 4-family property sits in the heart of Sunset Park's busiest commercial corridor, surrounded by heavy foot traffic, shops, restaurants, and transit. The two ground-floor stores are occupied by a pharmacy and a medical clinic – both long-standing, stable tenants providing reliable commercial income. Each of the four residential units features 2 bedrooms and 1 bathroom, separately metered with 6 electric meters and 6 gas meters, and tenants pay their own gas and electric – keeping landlord expenses low. Three residential units can be delivered vacant, offering immediate upside and flexibility, while the remaining unit is leased at $1,900/month with one year remaining. Projected market rents of $240,000 per year yield a strong 6.5% pro forma cap rate. A rare opportunity to own a high-traffic, income-producing asset in one of Brooklyn's most vibrant neighborhoods – ideal for investors and 1031 buyers.

$19,826/mo

Est. mortgage payment based on a $2,980,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
505652

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$30,001
Tax Frequency
Annually

Listed by Rong Feng Li with RE/MAX Edge
Listing Contact: 7186123088 

Based on information from Brooklyn Board of REALTORS®. Data last updated 10/31/2026. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Claudette Rolling Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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