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    4317 8Th Ave Brooklyn, NY 11232

    For Sale
    $7,990,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    19,104 SF
    Lot size:
    0.14 Acres
    Days on Market:
    347
    Last Refresh:
    Dec 11 at 9:06 am

    Property Features for 4317 8Th Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    C1-3/R6
    Parking
    3
    Size
    19,104 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Hot Water (Heating), Natural Gas

    Building Details

    Year built
    1935
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Momentum Real Estate LLC (718) 382-0001

    Listing agent Guang Qing (King) Lin (718) 382-0001

    Listing date Dec 30, 2024

    MLS# 478884 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brooklyn Mixed-Use Commercial Building

    This four-story mixed-use commercial building is located in the core commercial area of Sunset Park, Brooklyn. The property features five commercial stores and fifteen apartments, totaling 19,104 square feet. The building is situated on a lot measuring 60x100 feet, with the building itself occupying a 60x90-foot footprint. The property is in good condition, especially within each of the stores. The building has a brick exterior and includes three parking spaces in the back. Zoned C1-3/R6, the property offers potential for redevelopment. The location is near the D Train 9th Avenue station, Maimonides Medical Center, and Sunset Park, with multiple banks, supermarkets, and schools nearby. Recent upgrades have been made to the apartments and roofs. The total monthly income from the 15 apartments is approximately $24,000, while the five stores generate a combined monthly income ranging from $21,000 to $26,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    咖啡店 Coffee Shop Great Taste Dumpling Dumpling Restaurant WFG Financial Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.999733
    Latitude
    40.644516

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    FAQs

    What type of property is this?
    Mixed-use property - Four-story mixed-use building in Sunset Park with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 4317 8Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $7,990,000.
    What are key features of this property?
    This property features: - High income potential: $24,000/month from apartments and $2,100-$2,600/month from stores.; - Prime location in Sunset Park's core commercial area, close to the D train.; - Mix-use commercial building with 5 stores and 15 apartments totaling 19,104 sq ft.
    (718) 382-0001
    Request Owner's contact information
    4317 8Th Ave Brooklyn, NY 11232
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    Brooklyn, NY 11232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4317 8Th Ave Brooklyn, NY 11232
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