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EXECUTIVE SUMMARY
This rare-find mixed-use brick building is ideally situated in the highly sought-after prime Boro Park neighborhood. The property consists of 1 commercial unit and 2 residential apartments. The ground floor features a storefront with a lease that is set to expire soon, offering potential for owner use or new tenancy. The second floor offers a spacious, vacant 4-bedroom apartment, while the top floor features another vacant 4-bedroom apartment with two full bathrooms. The building measures 20 feet by 57 feet and sits on a 20 by 80-foot lot, with an annual property tax of $8,443.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,420 SF
Building Class
C
Year Built
1930
Price
$1,950,000
Price Per SF
$570.18
Tenancy
Single
Building Height
3 Stories
Building FAR
2.14
Lot Size
0.04 AC
Zoning
R6 - Medium density residential district
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05614-0067 | Improvements Assessment | $82,380 |
| Land Assessment | $15,060 | Total Assessment | $97,440 |
PROPERTY TAXES
Parcel Number
05614-0067
Land Assessment
$15,060
Improvements Assessment
$82,380
Total Assessment
$97,440
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4518 11th Ave
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