6024 4th Ave - Apartments FOR SALE


Brooklyn, NY 11220- Sunset Park
$3,998,000 USD
6024 4th Ave, Brooklyn, NY for Sale
$3,998,000 USD
Apartments - FOR SALE
1/16
null | 4.17% Cap Rate

6024 4th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Well-maintained mixed-use building in the thriving Sunset Park neighborhood, bordering Bay Ridge.
  • Residential Mix: (6) one-bedrooms, (10) two-bedrooms, (1) three-bedroom
  • Retail Spaces: Two high-visibility storefronts with stable tenants
  • Lot Size: 40' x 100' | Building Size: ~14,400 SF
  • Zoning: R7A | FAR: 3.60 (Current), 4.00 (Max Residential)
  • Built: 1916 | Construction: Solid brick, pre-war craftsmanship

OVERVIEW

Rare 19-Unit Mixed-Use Investment in Sunset Park, Brooklyn Prime Location | 19 Units | 14,400 Sq. Ft. | Mixed-Use with Development Potential Discover a rare opportunity to own a 19-unit mixed-use gem on the Sunset Park–Bay Ridge border, one of Brooklyn’s fastest-growing investment corridors. Built in 1916, this elegant pre-war building combines historic charm with modern stability and upside potential. Investment Highlights -Total Units: 19 (17 residential + 2 commercial) -Residential Mix: (6) one-bedrooms, (10) two-bedrooms, (1) three-bedroom -Retail Spaces: Two high-visibility storefronts with stable tenants -Lot Size: 40' x 100' | Building Size: ~14,400 SF -Zoning: R7A | FAR: 3.60 (Current), 4.00 (Max Residential) -Built: 1916 | Construction: Solid brick, pre-war craftsmanship This income-producing property offers steady cash flow, strong tenant retention, and significant development potential for future expansion or repositioning. Located amid thriving retail corridors and just steps from public transit, it’s an ideal acquisition for 1031 exchange investors, portfolio builders, or developers.

FOR SALE DETAILS

PRICE

$3,998,000 USD

PRICE/SF

$278 USD /SF

# OF UNITS

19

PRICE/UNIT

$210,421

CAP RATE

4.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6022-6024 4th Ave | 369-379 61st St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1916

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

4,000 SF

ZONING

R7A/C2-4

APN/PARCEL ID

05781-0041

ASK ABOUT THIS PROPERTY

Arlene WayeCentury 21 Awaye RealtyMore Info

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Arlene WayeCentury 21 Awaye RealtyMore Info

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