Investment Property Realty Group (IPRG) has been exclusively hired to sell 436 4th Avenue, a fully free market mixed use building in Park Slope, Brooklyn. The property is located on 4th Avenue between 8th Street and 9th Street, less than one block to F, G and R Subway lines at the 4th Ave - 9th Street station.
The fully free market property is configured as 4 apartments and 2 stores. Three of the apartments will be delivered vacant at closing. The property is built 30 ft x 60 ft on the ground floor and 30 ft x 45 ft on the top two floors. It sits on a 30 ft x 60 ft lot. The total existing square footage is approximately 4,500 square feet and includes 6,336 square feet of additional air rights for re-development. The building is also in the highly sought after 2A tax class, with annual taxes at $14,866.
436 4th Ave presents an opportunity to acquire a fully free market building with significant upside in one of Brooklyn’s most sought-after neighborhoods.