Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,250,000

· Closed May 17, 2016

5016 3rd Avenue
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Closed For Sale Mixed Use

$1,250,000

$521 per sq ft

5016 3rd Avenue

Sunset Park, Brooklyn

MLS® #RLS10078542

RLS at REBNY

Listing by Compass

4

Bedrooms

3

Baths

2,400

Sq. Ft.

1931

Year Built

Quick Summary

Bedrooms 4
Bathrooms 3
Living Area 2,400 sq ft
Year Built 1931
Neighborhood Sunset Park

Property Highlights

  • Style: Prewar architecture
  • Character: Pre-war building (1931)

Property Details

Type Mixed Use
Total Rooms 6
Baths 3 Full
Cross Street 50th Street/51st Street
Year Built 1931
Living Area 2,400 sq ft
Architectural Style Prewar
Parcel # 00789-0044
Block/Lot 789/44

Description

Fabulous opportunity to own in the rapidly growing, up and coming Gowanus section of Brooklyn. This property is a mixed use, three story building with a C 2-4, R 6A zoning; perfect for a business owner, investor or end user. The ground floor retail space measures approximately 880 square feet with two residential apartments above...both convertible two bedrooms. Lot dimensions measure approximately 19.75 x 65 and 1284 square feet with usable building sf at approximately 2400. This building is being sold as is, so bring your architect, builder and vision. There are very few opportunities left in Brooklyn, be the first here!

Building Information

Stories 3
Style Prewar

Sunset Park features four landmarked historic districts of Italianate, Neo-Grec, and Romanesque Revival brick and brownstone rowhouses climbing the hillside between Fourth and Eighth Avenues in western Brooklyn. The namesake hilltop park offers panoramic Manhattan skyline views and a 1936 neoclassical public pool, while the commercial corridors along Fifth Avenue and Eighth Avenue anchor the neighborhood. The D train at Ninth Avenue, N/R at 36th-45th-53rd Streets provide multiple subway connections to Manhattan.

Sunset Park Live Market Data

View Neighborhood

Active Listings

7

Median Asking Price

$795K

Median $/Sqft

$692

Avg Days on Market

N/A

New This Week

1

Price Reduced

29%

Sold (30 Days)

2

Median Sale Price

$750K

Live data from RLS at REBNY • Updated 3/24/26, 8:33 AM EST

Similar Listings in Sunset Park

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Location

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5016 3rd Avenue, Sunset Park, Kings County • Near 50th Street/51st Street

MLS® ID: RLS10078542
First Listed: 1/21/2016
Price Changed: 5/17/2016
Closed: 5/17/2016
Contract Date: 1/21/2016

Listing Courtesy of Compass - Christine Barranca

Listing Contact: (917) 848-0988

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/24/2026 at 12:33 PM UTC

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