6002-6020 3rd Ave 53 Unit Apartment Building $29,000,000 ($547,170/Unit) 6.74% Cap Rate Brooklyn, NY 11220

An exceptional flagship investment in the heart of Sunset Park, Brooklyn — one of NYC’s fastest-transforming neighborhoods. Completed in 2022, located in Opportunity Zone, 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.
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