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Sunset Park

5102 6th Ave, Brooklyn, NY 11220

Located in the vibrant neighborhood of Sunset Park, this prime corner property offers a unique mixed-use opportunity. Comprising three residential units and a commercial store, it presents a versatile investment for savvy buyers. The building is situated within an R6A zoning district, allowing for a maximum Floor Area Ratio (FAR) of 3, which opens the door for potential expansion of over 1,000 square feet. With the possibility of converting the first floor entirely to commercial use, the property may qualify for a tax abatement lasting 15 years. This site is positioned within an Opportunity Zone, enhancing its investment appeal. Residents and businesses alike will benefit from its strategic location, just minutes away from local parks and only five blocks from the 53rd Street subway station, providing easy access to N and R train lines. Currently, the property features a studio and retail space on the first floor, while the second and third floors house two well-appointed residential units. The third-floor unit is currently leased, ensuring a steady flow of income for the new owner until August 2020.

Total Units: 1

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For Rent: 0

Building type: Semi-Detached

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Sunset Park

5102 6th Ave, Brooklyn, NY 11220

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