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4920-4922-4924 16th ave 4922 16th Ave 4,800 SF Retail Building Brooklyn, NY 11204 $4,000,000 ($833.33/SF)

EXECUTIVE SUMMARY
RARE OPPORTUNITY BUILDING IN THE HEART OF BOROUGH PARK. 4922 16th Avenue presents a once-in-a-generation opportunity to acquire a corner building in one of Borough Park most high-demand locations. Situated in the bustling core of 16th ave 50th street intersection, with 60 ft of frontage on the ave & 40 depth Property consist of 3 retail stores 1 currently vacant 2nd floor is office.(option to deliver vacant)
This property offers immediate occupancy or repositioning potential and massive long-term upside.
With a current Zoning of R6, C1-3. Facility FAR 4.8 Whether you’re looking to renovate, reposition, or redevelop, this property is your blank canvas. Strategically located near B11 Bus stop . this address delivers unbeatable access to regional transit and commuter corridors. Close proximity to Shuls ,Banks ,Restaurants,Urgent Cares Etc. ensures high visibility and strong foot traffic. .
** Opportunities like this don’t come around often — don’t miss your shot at shaping the future of Boro park.
This property offers immediate occupancy or repositioning potential and massive long-term upside.
With a current Zoning of R6, C1-3. Facility FAR 4.8 Whether you’re looking to renovate, reposition, or redevelop, this property is your blank canvas. Strategically located near B11 Bus stop . this address delivers unbeatable access to regional transit and commuter corridors. Close proximity to Shuls ,Banks ,Restaurants,Urgent Cares Etc. ensures high visibility and strong foot traffic. .
** Opportunities like this don’t come around often — don’t miss your shot at shaping the future of Boro park.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
4,800 SF
Building Class
C
Year Built
1931
Price
$4,000,000
Price Per SF
$833.33
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.06 AC
Zoning
R6 - Mixed Use
Frontage
60’ on 16th Ave
Walk Score®
Very Walkable (83)
Transit Score®
Excellent Transit (88)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05453-0144 | Improvements Assessment | $263,700 |
| Land Assessment | $33,300 | Total Assessment | $297,000 |
PROPERTY TAXES
Parcel Number
05453-0144
Land Assessment
$33,300
Improvements Assessment
$263,700
Total Assessment
$297,000
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Presented by
Tammar Realty Inc.
4920-4922-4924 16th ave | 4922 16th Ave
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