For Sale
$30,000,000

6020 3Rd Ave Brooklyn, NY 11220

Prime Brooklyn Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional five-story mixed-use building, located in the heart of Sunset Park, Brooklyn, presents a compelling investment opportunity. The 20,000-square-foot property boasts a prime corner location at 6020 3rd Ave, situated on a 20,000 square foot lot (200' x 100'). Currently housing two commercial spaces (a bank and a restaurant), the building also features 53 residential apartments (52 two-bedroom, one-bathroom units and one one-bedroom, one-bathroom unit). Amenities include on-site laundry, a virtual doorman, a roof deck, a bike room, wheelchair access, and a significant 30-space parking lot. Constructed in 2021, the building benefits from a 421a tax abatement. The property generates a substantial gross income of $2,110,620, resulting in a net operating income of $1,954,834. Its strategic location offers easy access to public transportation and is surrounded by an abundance of amenities, including restaurants, supermarkets, shops, and pharmacies. The asking price for this exceptional property is $30,000,000. This is a truly remarkable opportunity to acquire a high-performing asset in a thriving Brooklyn neighborhood. The building's size and diverse income streams make it an ideal investment for discerning buyers seeking strong returns. The property is located near 61st St and 260th St. Electrical service is 110v.

Highlights

  • List Price: $30,000,000
  • Borough: Brooklyn
  • Neighborhood: Sunset Park
  • Cross Streets: 61st St & 260th St
  • Building Type: Five-story detached mixed-use
  • Lot Size: 20,000 sq ft (200' x 100')

Property Details for 6020 3Rd Ave

Property type
Retail properties, Restaurants
Square Feet
20,000 SF
Stories
5

Location Insight

City
Brooklyn
County
Kings
State
New York
Latitude
40.6419235
Longitude
-74.0211897

FAQs

What type of property is this?
Retail property - Prime Brooklyn Retail Investment
Where is the retail property located?
The property is located at 6020 3Rd Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $30,000,000.
What are key features of this property?
This property features: List Price: $30,000,000; Borough: Brooklyn; Neighborhood: Sunset Park
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
6020 3Rd Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message