436 4th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11215- Gowanus
$3,600,000 USD
718-360-4834
436 4th Ave, Brooklyn, NY for Sale
$3,600,000 USD
Storefront Retail/Residential - FOR SALE
1/10
null | 5.43% Cap Rate

436 4th Ave
Brooklyn, NY 11215
Gowanus


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$732 USD /SF

CAP RATE

5.43%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

C4-4D, G

APN/PARCEL ID

01003-0036

ASK ABOUT THIS PROPERTY

Samantha KatzInvestment Property Realty GroupMore Info
718-360-4834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Samantha KatzInvestment Property Realty GroupMore Info
718-360-4834

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.