Five-Level Mixed-Use
For Sale
$3,900,000
5813 6th Avenue, Brooklyn, NY 11220
Commercial office space is paired with six two-bedroom apartments, each with separate utilities and in-unit laundry.
Property Size5,600 SF
Lot Size0.05 Acres
Days on Market172
Property Features for 5813 6th Avenue
General Information
Standard status
Active
Size
5,600 SF
Lot size
0.05 Acres
Property subtype
Commercial Mixed Use
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Amenities
washer & dryer
Building Details
Building Size
5,600 SF
Year Built
2016
Buildings
1
Stories
5
Listing Agency:
E House Realty & Mgt. Inc.
(718) 680-2776
Listed By:
Ziqing (Ken) Li · License #ZQL9541
(718) 680-2776
Source:
Kirinny
Added: Mar 13
Changed: Aug 29
Last Checked: Aug 30 at 5:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of E House Realty & Mgt. Inc.
Investment Insights
Based on property information with market context.
This 2016 mixed-use building combines a community service office and commercial/office space across the ground floor and basement with six residential apartments above. The residential layout includes two front-and-rear apartments on each of the second, third, and fourth floors. Every apartment provides two bedrooms, one living room, one bathroom, and a washer and dryer.
The property occupies a 20 × 100 ft lot with a 20 × 70 ft building footprint and five total levels, including the basement. Electric, gas, heating, and hot water are separately metered, with tenants responsible for their own utilities. The building is described as being in move-in condition.
Located at 5813 6th Avenue in Brooklyn, the property is positioned along a busy commercial corridor in Sunset Park, with access to the N and R subway lines and Manhattan. Its mixed commercial and residential configuration may suit investors, 1031 exchange buyers, and mixed-use portfolio owners.
The property occupies a 20 × 100 ft lot with a 20 × 70 ft building footprint and five total levels, including the basement. Electric, gas, heating, and hot water are separately metered, with tenants responsible for their own utilities. The building is described as being in move-in condition.
Located at 5813 6th Avenue in Brooklyn, the property is positioned along a busy commercial corridor in Sunset Park, with access to the N and R subway lines and Manhattan. Its mixed commercial and residential configuration may suit investors, 1031 exchange buyers, and mixed-use portfolio owners.
Key Highlights
- 2016 construction on a 20 × 100 ft lot with a 20 × 70 ft building footprint
- Five total levels: four floors plus basement
- Ground‑floor and basement community service office with commercial/office use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$167,227
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,344,540
$3.3M
Cap Rate 7%
$2,388,957
$2.4M
Cap Rate 9%
$1,858,078
$1.9M
Market Conditions
NOI Build-Up for 5,600 SF
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.
Gross rent
$282.2K $50.40/SF
− Vacancy
−$59.3K −$10.58/SF
EGI
$223.0K $39.82/SF
− OpEx
−$55.7K −$9.95/SF
NOI
$167.2K $29.86/SF
Area
ZIP 11220
Vacancy
21.00%
Lease Rate
$50.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,344,540
Cap Rate 7%
$2,388,957
Cap Rate 9%
$1,858,078
Alternative Uses
Best Use
Office B
$2.39M
$2.09M – $2.79M
NOI $167,227 @ 7.0% cap · market cap 4.29%
Second Best
Mixed Use
$2.21M
$1.93M – $2.58M
NOI $154,560 @ 7.0% cap · market cap 3.96%
Theoretical Best
Office A
$3.63M
$3.18M – $4.24M
NOI $254,124 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 11220, NY
105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial office space is paired with six two-bedroom apartments, each with separate utilities and in-unit laundry.
Where is this mixed-use property located?
The property is located at 5813 6th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,900,000.
What are key features of this property?
This property features: 2016 construction on a 20 × 100 ft lot with a 20 × 70 ft building footprint; Five total levels: four floors plus basement; Ground‑floor and basement community service office with commercial/office use
