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    6020 3Rd Ave Brooklyn, NY 11220

    For Sale
    $29,000,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    57,878 SF
    Lot size:
    0.42 Acres
    Days on Market:
    224
    Last Refresh:
    Dec 14 at 2:06 pm

    Property Features for 6020 3Rd Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R6B
    Size
    57,878 SF
    Lot size
    0.42 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    2022
    Floors in Building
    5
    Flooring type
    Hardwood, Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    E House Realty & Mgt. Inc. (718) 680-2776

    Listing agent MeiJuan (Mandy) Jiang (718) 680-2776

    Listing date May 5, 2025

    MLS# 492358 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 Investment Property

    Located in Sunset Park, Brooklyn, this mixed-use corner property was completed in 2022. The property features 53 residential units, including 52 two-bedroom units and one one-bedroom unit, along with one street-level commercial space and 30 on-site parking spaces. The building has elevator access, is ADA compliant, and includes a rooftop terrace, bike storage, a virtual doorman, and modern security systems. It is designed for low maintenance and features high-end finishes. The property is positioned near the 8th Avenue commercial corridor, Industry City, subways, and major highways. The gross income is $2,131,528, and a 421a tax abatement is in place. The property is located in a qualified opportunity zone. The property has a total size of 57,878 square feet and sits on a lot of approximately 0.42 acres. The property is zoned R6B.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    bob daycare center School Bei Bei Center ... Playground Digital Art Club Art Studio

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon 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
    -74.021246
    Latitude
    40.641863

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    FAQs

    What type of property is this?
    Mixed-use property - New mixed-use property with residential units, commercial space, and parking.
    Where is this mixed-use property located?
    The property is located at 6020 3Rd Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $29,000,000.
    What are key features of this property?
    This property features: - Fully stabilized asset with 53 residential units and 1 commercial space, generating $2,131,528 gross income.; - Rare amenity of **30 on-site parking spaces** in a dense urban environment.; - 421a tax abatement in place, providing significant tax savings.
    (718) 680-2776
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    6020 3Rd 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
    6020 3Rd Ave Brooklyn, NY 11220
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