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.
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
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Karina Umarova
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3Rd Ave Brooklyn, NY 11220
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3Rd Ave Brooklyn, NY 11220
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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6020 3Rd Ave
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