Fully gut-renovated and 100% occupied, 5014 Fourth Avenue presents a great investment opportunity with a 5% CAP rate in burgeoning Sunset Park. This large and mixed-use building is three stories plus a fully finished basement. The ground floor retail/office space features new glass frontage, an automated gate and full use of the entire basement. The residential apartments are floor-through 4BR apartments located on the second and third floors of the building, and each have been recently renovated.5014 Fourth Avenue is located 2 blocks from the N/R trains, which offers express service into Manhattan. Located between Bay Ridge and Park Slope, area eatery hotspots include New Victory, La Caretta and Cafe Zona Sur. Close to Industry City, which has capitalized on an emerging innovation economy and further revitalized the area in recent years, the location is unsurpassed. Lot size: 20 x 80. Building size: 20 x 57. Taxes: $4,674. Zoning S2.
Off market
$1,468,400
5014 4th Ave, Brooklyn, NY 11220
--beds
0baths
1,400sqft
MultiFamily
Built in 1931
-- sqft lot
$1,468,400 Zestimate®
$1,049/sqft
$3,792 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Appliances
- Included: Range / Oven
Interior area
- Total interior livable area: 1,400 sqft
Property
Lot
- Size: 1,600 sqft
Details
- Parcel number: 007900041
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1931
Community & neighborhood
Location
- Region: Brooklyn