5012 4th Avenue Brooklyn, NY $ 1,449,000
5012 4th Avenue
$ 1,449,000
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5012 4th Avenue

Brooklyn, NY, 11220
$ 1,449,000
Baths0.0 Sq 3,812

Monthly Estimate*

$ 9,631

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Studio

Commercial Property for sale in Brooklyn, NY

for $1,449,000. This 3,812 square foot building was built in 1931 on a lot size of 0.04.

Introducing a compelling mixed-use investment opportunity now available for sale at 5012 4th Avenue, situated in the highly coveted Sunset Park neighborhood of Brooklyn. Nestled on a generously sized 20 ft x 80 ft lot, this property offers a total of 3,812 square feet, consisting of one commercial unit and two free-market residential units. Its strategic positioning ensures exceptional visibility and convenient access to public transportation, while the vibrant surroundings offer an array of amenities such as dining establishments, cafes, and shops, rendering it an enticing choice for both residential and commercial tenants alike. Sunset Park is renowned for its cultural diversity, bustling streets, and its close proximity to the attractions of Brooklyn. Bordered by Park Slope and Green-Wood Cemetery to the north, Borough Park to the east, Bay Ridge to the south, and Upper New York Bay to the west, this neighborhood derives its name from the 24.5-acre public park situated between 41st and 44th Streets and Fifth and Seventh Avenues. This mixed-use investment property presents a remarkable value-add prospect for investors seeking robust cash flow and long-term appreciation. With stable occupancy rates already in place, there exists the potential for rental escalations and strategic renovations. The ownership will consider owner financing.

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Commercial Active

Price

$ 1,449,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,352

Style

Lot Size

0.04

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

3515046

Features
General
NumberOfUnitsTotal 3
Building Area Units Square Feet
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* Excluded Features
List By
Joseph Hamdan

Listing Agent

Coldwell Banker Reliable R E

Broker

homes@cbreliable.com

Email

Affordability Calculator

$10,243
Per Month
94%
6%
0%
Monthly Principal & Interest
$9,631
Monthly Property Taxes
$613
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2023$1,449,000 Listed Price

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5012 4th Avenue, Brooklyn, NY, 11220 is a Commercial Property for sale at $1,449,000 with 3,812 sqft and a lot size of 0.04. 5012 4th Avenue is a studio with 0.0 baths and was built in 1931. The property's zip code is 11220 which is in Brooklyn, NY