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3,674 ft²

$1,355 per ft²

16 rooms

4 beds

4.5 baths

recorded sale

Sold on 10/7/2024

Verified by closing records

Last listed for $4,500,000

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Seller's agent

Pro
Joe Lui

Licensed Associate Real Estate Broker

Corcoran

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Listing by Corcoran, Limited Liability Broker, 524 Broadway, New York, NY 10012

Common charges

Not applicable

Estimated payment

$24,304/mo

Legal disclaimerAll calculations are estimates provided by StreetEasy for informational purposes only. Actual amounts or financing terms may vary. Please contact your mortgage provider for specifics.

Taxes

$2,138/mo

Tax abatement

No info

About

Seller’s agent

/

Joe Lui

Licensed Associate Real Estate Broker

Corcoran

description

Great investment opportunity in Prime business location at 8th Ave in Brooklyn which is considered Brooklyn's Chinatown. Busy shopping area with tons of foot traffic. Well maintained 3 stories Mixed-use building, Lot Size is 1,600 SF, comes with a total of 3,674 SF above ground plus a 1,100 SF cellar. Currently set up as 2 full floor residential units ( can convert to 4 residential units ) on top and one retail unit on the ground floor ( can be rented out as Mini Mall ).

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Home features

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Building amenities

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About the building

5814 8th Avenue

5814 8th Avenue, Brooklyn, NY 11220

Mixed-use building inSunset Park

2 units

3 stories

1931 built

Property history

  • Price Change: No changes
  • Days on market: 28 daysThis is the number of days the listing has been on StreetEasy.
DatePriceEvent

10/7/2024

$4,980,000

Sold by Corcoran

8/12/2024

$4,500,000

In contract

7/15/2024

$4,500,000

Listed by Corcoran

Past listing photos

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Explore Sunset Park

Transit

LocationDistance

Nat 8th Av

0.16 miles

Nat Fort Hamilton Parkway

0.32 miles

NRWat 5th Av/59th St

0.57 miles

Rat 53rd St

0.63 miles

Dat 50th St

0.73 miles

About Sunset Park

Rental prices shown are base rent before any fees. Visit listings for cost and fees breakdown.

SalesMedian asking price

4 beds

$2.75M

RentalsMedian asking base rent

4 beds

$3,550

Tucked between Park Slope and Bay Ridge, Sunset Park is a bit of a hike from Manhattan and Downtown Brooklyn. Relative obscurity has kept rents low for decades, although that appears to be slowly changing as brownstone families are priced out of Park Slope and Carroll Gardens. A new hipster wave is beginning here: Industry City, a cluster of 16 warehouses on cobblestone streets, now hosts Smorgasburg, The Brooklyn Flea, and Mister Sunday, a day dance party in the summer. The galleries, tech conferences, rooftop movie screenings, and countless artisan shops in that complex are slowly putting Sunset Park on the map for young people.

Learn more about Sunset Park