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  • 5411 4th Avenue
  • $ 1,480,000
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220

5411 4th Avenue

Sunset Park

Building For Sale
$ 1,480,000
Ownership Multi-Family
Lot Size 25'x80'
Status Active
Real Estate Taxes [Per Annum] $ 14,863
Building Size 25'x65'
 

Photos

5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
5411 4th Avenue Sunset Park Brooklyn NY 11220

Property Description

Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated just minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. Additionally, the zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer significant commercial conversion possibilities, presenting avenues for value addition and diversification. Sunset Park is renowned for its rich cultural tapestry and dynamic community atmosphere. The neighborhood's namesake park provides ample green space and recreational facilities, contributing to a lively atmosphere and strong sense of community. This property not only promises stable income through its current rent-stabilized units but also offers substantial upside potential through strategic enhancements and leveraging its prime location. Seize this rare opportunity to invest in a property that combines immediate financial benefits with promising future prospects in one of Brooklyn's most sought-after neighborhoods.
Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated just minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. Additionally, the zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer significant commercial conversion possibilities, presenting avenues for value addition and diversification. Sunset Park is renowned for its rich cultural tapestry and dynamic community atmosphere. The neighborhood's namesake park provides ample green space and recreational facilities, contributing to a lively atmosphere and strong sense of community. This property not only promises stable income through its current rent-stabilized units but also offers substantial upside potential through strategic enhancements and leveraging its prime location. Seize this rare opportunity to invest in a property that combines immediate financial benefits with promising future prospects in one of Brooklyn's most sought-after neighborhoods.

Listing Courtesy of RE/MAX Edge

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

5411 4th Avenue Sunset Park Brooklyn NY 11220
5411 4th Avenue Sunset Park Brooklyn NY 11220

Building Details [5411 4th Avenue]

Ownership Multi-Family
Block/Lot 823/5
Building Size 25'x65'
Zoning R7A, C2-4
Lot Size 25'x80'

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Loan Amount

Maria Castellano

License Licensed As: Maria Castellano

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 488822