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
1/12
null | 4.17% Cap Rate

6024 4th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Well-maintained 19-unit mixed-use building in the thriving Sunset Park neighborhood, bordering Bay Ridge.
  • 17 residential units and 2 commercial spaces
  • Building Size: 14,400 sq. ft.
  • Lot Dimensions: 40' x 100'

OVERVIEW

Exceptional Investment Opportunity in Sunset Park | 19-Unit Mixed-Use Property on the Edge of Bay Ridge Unlock the potential of this well-maintained 19-unit mixed-use building, ideally located in the vibrant and fast-growing Sunset Park neighborhood—just steps from Bay Ridge. Built in 1916, this solid, income-producing asset features a diverse mix of residential and commercial units, offering both stability and long-term upside. Residential Overview: 17 Units Total (6) One-Bedroom Apartments (10) Two-Bedroom Apartments (1) Three-Bedroom Apartment Commercial Component: 2 Retail Spaces Strategically positioned for maximum visibility and foot traffic—perfect for neighborhood businesses and local services. Property Details: Total Building Size: Approx. 14,400 sq. ft. Lot Dimensions: 40' x 100' Zoning: R7A Max Residential FAR: 4.00 Current FAR: 3.60 Investment Highlights: Diverse & Reliable Income Stream – A well-balanced mix of unit types ensures consistent rental revenue. Prime Location – Surrounded by a thriving mix of residential and commercial activity. Transit & Connectivity – Close to subway lines, bus routes, major roads, and neighborhood amenities. Development Upside – With additional buildable FAR, the property presents opportunities for future expansion or redevelopment. Whether you're looking to scale your portfolio or secure a stable, cash-flowing asset in a high-demand area, this Sunset Park property is not to be missed.

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 TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

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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