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Brick 8-Unit Multifamily Building
For Sale
$1,688,000

5015 4th Avenue, Brooklyn, NY 11220

MULTI_FAMILY - Brooklyn, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market119

Property Features for 5015 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 8
Full bathrooms 8
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 6, Bathroom 1, Bathroom 7, Bathroom 5, Bathroom 8
Subdivision Sunset Park
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 20300

Building Details

Floors in Building 4
Number of units 1
Flooring type Ceramic, Laminate
Building materials Brick
Roof type Flat
Listing Agency: Ritz Realty NY Corp.
Listed By: Winnie Y. Chen
Added: Apr 17 Changed: Aug 3 Last Checked: Aug 13 at 7:06PM
MLS# 500615

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This brick multifamily building is configured as an eight-family property and features a flat roof. Interior finishes noted include ceramic and laminate flooring. The property is offered on a 0.062-acre lot.

The site is zoned R7A with C2-4 land designation. Public remarks also note proximity to transit, which can be a practical consideration for tenant access and everyday commuting.

As presented in the listing materials, the property is described as cash-flowing with a stated 6.4 cap rate. The overall configuration and brick construction may appeal to buyers seeking a compact, income-oriented multifamily asset in Brooklyn’s Sunset Park area.

Key Highlights

  • Eight‑family brick multifamily building with flat roof
  • Stated 6.4 cap rate
  • 0.062‑acre lot

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Nursing Home Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

5,696
Businesses Nearby

Demographics for 11220, NY

105,797
Population
30,897
Households
3.4
Avg Household Size
35
Median Age
25%
College-Educated
62%
High-School Grad
1.7 sq mi
ZIP Area
62,234
Density / Sq Mi
$64,201
Median Household Income
$31,489
Median Earnings
$1,688
Median Rent
$1,021,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Eight-family brick multifamily building on a 0.062-acre lot with a 6.4 cap rate and R7A/C2-4 zoning.
Where is this apartment building located?
The property is located at 5015 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,688,000.
What are key features of this property?
This property features: Eight‑family brick multifamily building with flat roof; Stated 6.4 cap rate; 0.062‑acre lot
More about this property
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