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$2,249,000
Est. payment /mo
11 Beds
6 Baths
5,280 SqFt
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,280 sqft
Price per Sqft $425
MLS Listing ID 499835
Style Other
Bedrooms 11
Full Baths 6
Year Built 1926
Annual Tax Amount $19,820
Property Sub-Type Multi-Family
Property Description
A rare opportunity awaits in Sunset Park, this premier 6-family property sits in the vibrant 8th Avenue business district, offering exceptional growth potential and nonstop convenience in one of Brooklyn's most dynamic neighborhoods. Ideal for investors, developers, and visionaries seeking a high-yield, value-driven asset, the building seamlessly blends strong residential stability with the commercial energy of 8th Avenue Chinatown. Positioned on a 30 ft × 100.17 ft lot with a 22 ft × 80 ft building, the property provides versatile space configurations designed to maximize revenue. Zoned R6 with an FAR of 3.0, it offers meaningful possibilities for future expansion or redevelopment, subject to verification by a licensed architect. Located in the heart of 8th Avenue's cultural and commercial hub—known for its thriving business activity, exceptional foot traffic, and unparalleled accessibility—the property benefits from strong tenant demand and proximity to major transit, lively retail corridors, parks, and essential amenities, creating an unmatched environment that continues to attract quality tenants and long-term value growth.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6
Rooms
Basement Full, Other
Interior
Hot Water Gas
Heating Gas
Flooring Ceramic, Hardwood, Tile
Heat Source Gas
Exterior
Exterior Feature Brick
Amenities Available Door – Intercom, NONE
Roof Type Flat,Other
Handicap Access No
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing 1031 Exchange,Bank Mortgage,Cash
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Listed by RE/MAX Real Estate Professiona
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716