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5501 4th ave Apartment Building $2,600,000 Brooklyn, NY 11220
Executive Summary
Exceptional development opportunity in the heart of Sunset Park! Zoned R7A with approved plans for a mixed-use building consisting of 4 residential units and 1 commercial store. Ideal for developers, investors, or users seeking strong income potential in a high-demand location. Situated on a busy avenue with excellent visibility and foot traffic, close to shopping, restaurants, schools, and public transportation, including the N and R subway lines. A rare opportunity to build a valuable mixed-use property in one of Brooklyn's most vibrant neighborhoods. Buyers should verify all information and development possibilities with their architect and attorney.
Property Facts
| Price | $2,600,000 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.13 AC |
| Property Type | Multifamily | Building Size | 6,300 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1899 |
| Zoning | R7A - A medium-density, contextual residential zoning district in New York City. It mandates the Quality Housing Program, typically producing 7- to 9-story apartment buildings with strict street wall, height. | ||
| Price | $2,600,000 |
| Sale Type | Investment or Owner User |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 6,300 SF |
| No. Stories | 3 |
| Year Built | 1899 |
| Zoning | R7A - A medium-density, contextual residential zoning district in New York City. It mandates the Quality Housing Program, typically producing 7- to 9-story apartment buildings with strict street wall, height. |
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Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 00831-0008 | Improvements Assessment | $194,340 |
| Land Assessment | $19,920 | Total Assessment | $214,260 |
Property Taxes
Parcel Number
00831-0008
Land Assessment
$19,920
Improvements Assessment
$194,340
Total Assessment
$214,260
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5501 4th ave