--- title: "5116 Avenue South Apartments for Sale in Brooklyn | Buyer Savings" description: "View active listings, prices, and amenities at 5116 Avenue South, located at 5116 Avenue South, Brooklyn, NY 11234 in Brooklyn. Buy an apartment with Buyer Advantage savings." url: "https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/5116-avenue-south" source: "Real Estate Rebate Team" --- # 5116 Avenue South 5116 Avenue South, Brooklyn, NY 11234 Mill Basin · None · Built 1900 ## At a Glance - **Active Units**: 0 Units - **Starting Price**: Contact - **Property Type**: None - **Year Built**: 1900 ## Building Overview 5116 Avenue South implies a residential address in Mill Basin, possibly 5116 Avenue S. Mill Basin is a waterfront community. ## Illustrative Buyer Savings *Available on eligible listings* Illustrative, based on a 3% buyer-broker commission on the highest-priced available residence. Régis shares 50% of the buyer-side commission actually received, so your figure follows the commission offered on your transaction. Work with Régis before touring or submitting an offer to understand the building, evaluate pricing, and preserve eligible Buyer Advantage opportunities. **Régis Roumila** — Principal Broker · NY & NJ. Private buyer representation for luxury resale and new development purchases. Verified Member: REBNY · NAR. NYDOS LIC#: 10491211335. [Speak with Régis](mailto:info@real-estate-rebate.com?subject=Inquiry%3A%205116%20Avenue%20South) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator) ## Key Building Details - **Year Built**: 1900 - **Stories / Floors**: 3 - **Neighborhood**: Mill Basin - **Active Listings**: 0 units ## Building Amenities - None - Building None - Garage - Building Garden - Garden - Private Outdoor Space Over 60 Sqft - Stainless Steel Appliance(s) - Pets: Building Yes - Pets: Yes ## Active Residence at 5116 Avenue South No active listings are currently available for this building. [Schedule a consultation about off-market units at 5116 Avenue South](https://realestaterebatesnewyork.com/contact) ## Sales History for 5116 Avenue South 1 closing in this building. Prices as reported to the Residential Listing Service. | Unit # | Beds | Baths | Size | Closing Price | Price / Ft² | Asking Price | Sold On | | --- | --- | --- | --- | --- | --- | --- | --- | | — | 5 | 3.5 | 2,250 | $1,100,000 (+10.1%) | $489 | $999,000 | Mar 27, 2026 | The percentage beside a closing price is the sale measured against the original asking price. Rows with no asking price are sales with no listing behind them. Those are sponsor and off-market transfers taken from the public record. > This 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. ## What to Review Before Buying in 5116 Avenue South Purchasing real estate in New York City or New Jersey goes beyond the apartment itself. To secure your asset and investment equity, we systematically analyze building structures, financials, board packages, and commission sharing arrangements. 1. **Building Quality** — Review construction, finishes, amenities, management, service level, and long-term resale value. 2. **Monthly Costs** — Understand common charges, property taxes, assessments, and the full carrying-cost picture. 3. **Transaction Strategy** — Evaluate pricing, sponsor terms, closing costs, negotiation leverage, and eligible Buyer Advantage opportunities before committing. ## Location & Neighborhood 5116 Avenue South, Brooklyn, NY 11234 ### Mill Basin Mill Basin is the Beverly Hills of Brooklyn. A peninsula in Jamaica Bay, it is a waterfront community of custom mansions, private docks, and gated opulence. For buyers seeking Mill Basin Brooklyn real estate, it offers a lifestyle of boating and luxury that is unique in NYC. Living in Mill Basin is exclusive. There are no subways here. It is a strictly residential Brooklyn NYC neighborhood where life revolves around the water. The market for homes for sale in Mill Basin is ultra-high-end. Waterfront properties with boat slips command millions. Architecturally, it is modern and flashy. You will find Miami-style white stucco mansions alongside traditional brick colonials. The lifestyle in Mill Basin is aquatic. Residents boat, jet ski, and host parties in their backyards. It is very social. The community is wealthy and protective of its privacy. Mill Basin is a car neighborhood. There is no subway. Residents drive or use express buses to get to Manhattan. Access to the Belt Parkway is immediate. Lindower Park provides local green space, but the water is the main attraction. The Kings Plaza shopping mall is nearby for retail needs. Amenities: High-end restaurants and yacht clubs. Mill Basin is best for wealthy buyers, boaters, and those who want a private, gated-style community within Brooklyn. - [Mill Basin Guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/mill-basin) - [Browse Mill Basin Residences](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/mill-basin-brooklyn) - [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods) ## Frequently Asked Questions ### Where is 5116 Avenue South? It is in Mill Basin, Brooklyn. Have questions about 5116 Avenue South? [Speak with Régis before you tour.](mailto:info@real-estate-rebate.com) ## Considering a Residence at 5116 Avenue South? Speak with Régis before you tour, negotiate, or submit an offer. Receive private buyer-side guidance, pricing context, and eligible Buyer Advantage opportunities where available. [Schedule a private consultation](https://realestaterebatesnewyork.com/contact) · [All buildings](https://realestaterebatesnewyork.com/buildings)