Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $1,300,000

Listed at $1,199,000 · Sold 8.4% above asking · Closed September 3, 2021

5116 6th Avenue
Looking for something similar?
Closed For Sale Multi Family

$1,199,000

5116 6th Avenue

Sunset Park, Brooklyn

MLS® #RLS10712002

RLS at REBNY

Listing by The Corcoran Group

6

Bedrooms

3

Baths

N/A

Sq. Ft.

1930

Year Built

Quick Summary

Bedrooms 6
Bathrooms 3
Year Built 1930
Neighborhood Sunset Park

Property Highlights

  • Character: Pre-war building (1930)

Property Details

Type Multi Family
Total Rooms 15
Baths 3 Full
Pets Yes
Cross Street 51st Street & 52nd Street
Year Built 1930
Parcel # 00800-0044

Description

Rare investment opportunity in prime Sunset Park! Located steps to Sunset Park and the R train at 53rd Street, 5116 6th Avenue is a wise investment you can hold for generations. Meticulously maintained and well cared for, the current set-up at 5116 6th Ave is three floor-through apartments. Each apartment boasts hardwood floors, two bedrooms, and generous living and dining areas. The ground floor apartment has direct access to the building's basement and large garden. With three residential units, 5116 6th Avenue generates a 4.5% cap rate. The ground-floor was used as a store front in the past, so potential exists in this versatile space to realize your dreams. Bring your architect to explore the possibilities! The tenants in units 2 and 3 are in place through the summer. Their leases expire 6/30 and 8/31, respectively. Set-up available upon request.

Building Information

Total Units 3
Stories 3

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 3/23/26, 4:40 PM EST

Similar Listings in Sunset Park

View All

Location

Loading map...

5116 6th Avenue, Sunset Park, Kings County • Near 51st Street & 52nd Street

MLS® ID: RLS10712002
First Listed: 4/18/2021
Price Changed: 4/18/2021
Closed: 9/3/2021
Contract Date: 4/18/2021

Listing Courtesy of The Corcoran Group - Alison McQueen

Listing Contact: (516) 581-3117

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 3/23/2026 at 8:40 PM UTC

Buying Multi-Family? Start Here

2–4 Unit Multi-Family Investing in NYC

Cap rates, financing, and what to look for in small multifamily.

Read article

NYC Closing Costs: Complete Breakdown

Buyer and seller closing costs itemized, including what to budget for.

Read article

NYC Mansion Tax: 2026 Guide

How the tiered mansion tax works for purchases over $1M.

Read article

NYC Real Estate Market Report 2026

Data-driven analysis of prices, inventory, and trends across NYC.

Read article

Interested in this property?

Get a response within 2 hours

Your info is secure and never shared.

View Active Listings Call Milton