5001 4th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11220- Sunset Park
$4,050,000 USD
718-865-7892
5001 4th Ave, Brooklyn, NY for Sale
$4,050,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | 5.59% Cap Rate

5001 4th Ave
Brooklyn, NY 11220
Sunset Park


OVERVIEW

Brick Mixed-Use Building – 6 Residential + 4 Commercial Units 4 Stories + Basement, Building: 20×100 | Lot: 20×100 True Corner Property – Double Exposure – Strong Commercial Presence Investment Highlights Prime corner property with dual street frontage, 10-unit scale asset Strong rental layout – high-demand unit mix, Mixed-use (Residential + Retail) – diversified income, 1 retail space currently vacant – upside potential Several residential units below market – rental growth opportunity Current Income Breakdown,Residential (6 units) 3 × 2BR units 3 × 3BR units Total Monthly Residential Rent: $14,100 Commercial (4 units) Restaurant: $5,071 Tax Office: $1,920 Barbershop: $2,550,1Retail Space: Vacant Total Commercial Monthly Rent: $9,541 Financial Summary: Total Monthly Income: $23,641 Annual Gross Income: $283,692 Annual Expenses: $57,389.(Taxes, Insurance, Gas, Electric, Water) Net Operating Income (NOI): $226,303 / Year Asking Price: $4,050,000 Cap Rate: 5.59%

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$547 USD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,490 SF

ZONING

R7A, C2-4

APN/PARCEL ID

00791-0010

ASK ABOUT THIS PROPERTY

Yuling ChenE-House RealtyMore Info
718-865-7892

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Yuling ChenE-House RealtyMore Info
718-865-7892

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