Contacts
Joseph T. Hamdan
Coldwell Banker Commercial Reliable Real Estate
(718) 921-3100
Olga Pidhirnyak
Coldwell Banker Commercial Reliable Real Estate
(917) 488-3077
Property Details
- Property Type Mixed Use
- Property Size 3,420 SF
- Lot Size 1,600 SF
- Cap Rate % 6.87
- NOI / YR 99612
- Taxes / YR 7352
- Zoning R7A / C2-4
- # of Floors 3
- Property Tenancy Multi-Tenant
- Year Built 1931
- Year Renovated 2014
- Date Updated Nov 8, 2023
Introducing a compelling mixed-use investment opportunity now available for sale at 5012 4th Avenue, situated in the highly coveted Sunset Park neighborhood of Brooklyn. Nestled on a generously sized 20 ft x 80 ft lot, this property offers a total of 3,812 square feet, consisting of one commercial unit and two free-market residential units. Its strategic positioning ensures exceptional visibility and convenient access to public transportation, while the vibrant surroundings offer an array of amenities such as dining establishments, cafes, and shops, rendering it an enticing choice for both residential and commercial tenants alike. Sunset Park is renowned for its cultural diversity, bustling streets, and its close proximity to the attractions of Brooklyn. Bordered by Park Slope and Green-Wood Cemetery to the north, Borough Park to the east, Bay Ridge to the south, and Upper New York Bay to the west, this neighborhood derives its name from the 24.5-acre public park situated between 41st and 44th Streets and Fifth and Seventh Avenues. This mixed-use investment property presents a remarkable value-add prospect for investors seeking robust cash flow and long-term appreciation. With stable occupancy rates already in place, there exists the potential for rental escalations and strategic renovations. The ownership will consider owner financing. To discover more about this property, including comprehensive financial details or to arrange a visit, please reach out to our dedicated listing broker.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
-
Walk Score ®
-
Transit Score ®
-
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Sunset Park
- Zip Code 11220
- Market Brooklyn
Points of Interest
-
Bell Car Service
0.05 miles
-
53rd Street
0.10 miles
-
45th Street
0.24 miles
-
Sunset Park Car Service
0.35 miles
-
59th Street
0.43 miles
-
Prince Car Service
0.45 miles
-
Acapulco Express
0.56 miles
-
8th Avenue
0.79 miles
-
36th Street
0.79 miles
-
Bay Ridge Avenue
0.97 miles
-
Emporium 1
0.43 miles
-
BP
0.50 miles
-
Sunoco
0.54 miles
-
7-Eleven
0.71 miles
-
Shell
0.71 miles
-
SEVENTH AVENUE
0.86 miles
-
Sunoco
0.88 miles
-
BP
0.98 miles
-
Speedway
0.99 miles
-
BP
1.17 miles
-
Hospital Parking
0.45 miles
-
IKEA
1.79 miles
-
School Bus Depot
1.85 miles
-
Ultra Car Park Systems
2.07 miles
-
Car Park Systems
2.14 miles
-
Brooklyn Cruise Terminal Parking
2.38 miles
-
Garfield Garage
2.62 miles
-
Eastern Fruits and Vegetables
2.78 miles
-
Rapid Park
2.84 miles
-
US Postal Service
2.87 miles
-
Quality Inn
0.33 miles
-
casa Eddie
0.53 miles
-
Days Inn
0.59 miles
-
Wyndham Garden
0.59 miles
-
The Vue Hotel Express
0.60 miles
-
Phoenix Hotel
0.61 miles
-
Comfort Inn
0.63 miles
-
King Hotel
0.68 miles
-
Insignia Hotel, Ascend Hotel Collection
0.75 miles
-
Knights Inn
0.85 miles
-
KeyFood
0.37 miles
-
Bravo
0.41 miles
-
Met Foodmart
0.43 miles
-
Xin Hao NY Supermarket
0.51 miles
-
Lucky Star Market Inc.
0.62 miles
-
Sunrise Supermarket Inc.
0.66 miles
-
88 Fresh Vegetable Market Inc.
0.67 miles
-
Fei Long Market
0.68 miles
-
Lucky Grocery
0.75 miles
-
Sunrise Mart
0.76 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.