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    5415 8Th Ave Brooklyn, NY 11220

    For Sale
    $5,980,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    3,840 SF
    Lot size:
    0.04 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 5415 8Th Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6, C1-3
    Size
    3,840 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1930
    Floors in Building
    3
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    Fang Fang Realty Inc (718) 676-2518

    Listing agent Xiu Qin (Jenny) Zou (718) 676-2518

    Listing date Oct 30, 2025

    MLS# 497004 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sunset Park Mixed-Use Building

    This mixed-use property is located in the Sunset Park neighborhood of Brooklyn, NY. The three-story building includes a full finished basement, two residential units, and one commercial storefront. The lot measures 20 feet by 80 feet. The building's first floor measures 20 feet by 80 feet, while the second and third floors measure 20 feet by 56 feet. The ground-floor retail unit is currently leased to a pharmacy with 2 years remaining on the lease and a 3-year option to renew; rent includes 25% of property tax. The second and third-floor residential units have been renovated. The residential units can be delivered vacant. The property is located on 8th Avenue, a commercial corridor with foot traffic and visibility. Transportation options include the N train and B9, B70 bus lines. The property is near restaurants, supermarkets, and neighborhood amenities. The property has a current cap rate of 5.51% with the potential to reach 6.71%. The zoning is R6, C1-3. The property size is 3,840 square feet and the lot size is approximately 0.037 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yung & Yung, PLLC Law Firm Time One Pharmacy Pharmacy

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.006161
    Latitude
    40.638252

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building with retail and residential units.
    Where is this mixed-use property located?
    The property is located at 5415 8Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $5,980,000.
    What are key features of this property?
    This property features: - Prime 8th Avenue location in the heart of Sunset Park's commercial corridor with high foot traffic and excellent visibility.; - Excellent income-producing property with a current 5.51% cap rate and potential to reach 6.71%.; - Residential units can be delivered vacant, offering flexibility for owner-use or rental income.
    (718) 676-2518
    Request Owner's contact information
    5415 8Th Ave Brooklyn, NY 11220
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    Brooklyn, NY 11220
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5415 8Th Ave Brooklyn, NY 11220
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