Brooklyn Office Ideal for
5811 6th Avenue Brooklyn, NY 11220
5811 6th Avenue, Brooklyn, NY, 11220
$699,000
For Sale
$699,000
COMMERCIAL - Brooklyn, NY
Property Size1,476 SF
Lot Size0.05 Acres
Price / SF$473.58
Days on Market178
Property Features for 5811 6th Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R6A
- Standard status
- Active
- Size
- 1,476 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7349
Building Details
- Year built
- 2019
- Building materials
- Brick
- Roof type
- Flat
Listing Agency
Tiger Realty
(917) 708-9966
1484 86th Street, Brooklyn, NY
Listed by
Emily Hui Chen-Liang
(917) 708-9966
Added: Jan 20 Checked: Jul 17 at 2:06 am
MLS# 498511
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This versatile 1,476 sqft office space is located at 58th St & 6th Ave in Brooklyn. Currently configured as a law firm, the space is ideal for community service purposes. The layout includes two private offices, a conference room, a reception/waiting area, and a half bath. The unit benefits from a separate entrance and elevator access. The monthly fee is $788, which covers utilities and maintenance. Annual taxes are $7,348.49. The property is situated in a vibrant neighborhood hub, offering a highly walkable location near 8th Avenue. It is conveniently close to the train station, providing excellent accessibility.
Key Highlights
- Highly walkable location near 8th Avenue and close to the train station.
- Versatile 1,476 sqft office space suitable for various uses, including community service.
- Low monthly fee of $788 includes utilities and maintenance.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.4k | $50.40 |
| − Vacancy | −$15.6k | −$10.58 |
| EGI | $58.8k | $39.82 |
| − OpEx | −$14.7k | −$9.95 |
| NOI | $44.1k | $29.86 |
1,476 SF · lease $50.40/SF/yr · vacancy 21.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$629.7K
$551.0K – $734.6K
NOI $44,076 @ 7.0% cap · market cap 6.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$956.9K
$837.3K – $1.12M
NOI $66,980 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Meredian Medical Trans
Department Of Transportation
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Versatile 1,476 sqft office space in vibrant Brooklyn neighborhood.
Where is this office units located?
The property is located at 5811 6th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Highly walkable location near 8th Avenue and close to the train station.; Versatile 1,476 sqft office space suitable for various uses, including community service.; Low monthly fee of $788 includes utilities and maintenance.
