REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 29,000,000
Est. payment | /mo
57,878 SqFt
$ 29,000,000
Est. payment | /mo
57,878 SqFt
Key Details
Property Type Other Rentals
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 57,878 sqft
Price per Sqft $501
MLS Listing ID 492358
Year Built 2022
Annual Tax Amount $30,446
Property Sub-Type Mixed Use
Property Description
An exceptional flagship investment in the heart of Sunset Park, Brooklyn — one of NYC's fastest-transforming neighborhoods. Completed in 2022, this trophy-class mixed-use corner property offers 53 fully stabilized residential units (52 × 2BR + 1 × 1BR), 1 street-level commercial spaces, and a rare 30 on-site parking spaces. With gross income of $2,131,528 and a 421a tax abatement in place, the property delivers both immediate returns and long-term upside. The building features elevator access, ADA compliance, rooftop terrace, bike storage, virtual doorman, and modern security systems — all wrapped in a low-maintenance design with high-end finishes. Strategically positioned near the 8th Avenue commercial corridor and just minutes from Industry City, subways, and major highways, this asset is surrounded by dense residential demand and mixed-use vibrancy. As a core income-producing property located in a qualified opportunity zone, it presents strong potential for future condo conversion, rent roll growth, or recapitalization. Ideal for private equity firms, family offices, or 1031 buyers seeking portfolio stability and strategic positioning in a resilient Brooklyn submarket.
Contact us now for the full offering memorandum, rent roll, and private tour schedule.
Contact us now for the full offering memorandum, rent roll, and private tour schedule.
Location
State NY
County Kings (brooklyn)
Area Sunset Park
Zoning R6B
Rooms
Basement Cellar, Finished, Full, Separate Entrance
Interior
Interior Features Elevator - Private, Fire Sprinkler, Security Alarm
Hot Water Electric
Heating Electric
Flooring Hardwood, Tile
Heat Source Electric
Exterior
Exterior Feature Brick
Roof Type Flat
Building
Story 5
Foundation Block, Poured Concrete
Others
Energy Description Electric
Financing 1031 Exchange,Bank Mortgage,Cash
Listed by E House Realty & Mgt. Inc.