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One-Bedroom Residential Income Property
For Sale
$485,000

800 5TH Avenue 3A, Brooklyn, NY 11232

Sunlit unit with oversized windows, hardwood flooring, and a stainless-equipped open kitchen.

Property Size540 SF
Price / SF$898.15
Days on Market19

Property Features for 800 5TH Avenue 3A

General Information

Standard status Active
Size 540 SF
Property subtype Apartment

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,920

Building Details

Year Built 1920
Listing Agency: Douglas Elliman Real Estate
Listed By: Liang Chen · License #10401335818
Source: Carlinwright
Added: Sep 21 Changed: Oct 8 Last Checked: Oct 7 at 4:20PM

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 Douglas Elliman Real Estate

Investment Insights

Based on property information with market context.

Located at 800 5TH Avenue 3A in Brooklyn, this 540-square-foot one-bedroom residential income property features oversized windows, open views, and abundant natural light. Hardwood flooring extends through the living areas, while the open kitchen includes stainless steel appliances. The bedroom provides generous closet space, and the bathroom has a clean, contemporary finish. Washer and dryer hookups are allowed.

The property is in Greenwood Heights, near Green-Wood Cemetery, a 478-acre National Historic Landmark with tree-lined paths and skyline views. Additional neighborhood amenities include Industry City, Greenwood Park, and the cafés, bakeries, and restaurants along Fifth Avenue.

Key Highlights

  • 540 SF one‑bedroom layout
  • Oversized windows with open views and abundant natural light
  • Open kitchen with stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,486
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,720 $329.7K
Cap Rate 7%
$235,514 $235.5K
Cap Rate 9%
$183,178 $183.2K
Market Conditions
NOI Build-Up for 540 SF
Gross rent
$30.6K $56.64/SF
− Vacancy
−$612 −$1.13/SF
EGI
$30.0K $55.51/SF
− OpEx
−$13.5K −$24.98/SF
NOI
$16.5K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,720
Cap Rate 7%
$235,514
Cap Rate 9%
$183,178

Alternative Uses

Best Use
Apartment 5plus
$235.5K
$206.1K – $274.8K (±1% cap)
NOI $16,486 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$447.1K
$391.2K – $521.6K (±1% cap)
NOI $31,298 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Nursing Home Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

3,673
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Sunlit unit with oversized windows, hardwood flooring, and a stainless-equipped open kitchen.
Where is this residential income property located?
The property is located at 800 5TH Avenue 3A Brooklyn, NY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 540 SF one‑bedroom layout; Oversized windows with open views and abundant natural light; Open kitchen with stainless steel appliances
More about this property
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