6020 3rd Avenue
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $29,000,000 |
| No. of Units: | 1 |
| Year Built: | 2022 |
| Lot Size: | 57,878.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $29,000,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 56 |
ID: 3yd-BMLSNY-503462
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
6638 LANSDOWNE Avenue
PHILADELPHIA, Pennsylvania
190 E PLUMSTEAD Avenue
LANSDOWNE, Pennsylvania
59 MARKET Street
SALEM, New JerseyBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout