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    55 4Th Ave Brooklyn, NY 11217

    For Sale
    $3,500,000

    COMMERCIAL - Brooklyn, NY

    Property size:
    3,140 SF
    Lot size:
    0.03 Acres
    Days on Market:
    132
    Last Refresh:
    Dec 14 at 7:06 am

    Property Features for 55 4Th Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Zoning
    C4
    APN
    00930-0001
    Size
    3,140 SF
    Lot size
    0.03 Acres

    Utilities

    Heating system
    Electric (Heating), Natural Gas, Hot Water(Heating)

    Building Details

    Year built
    1920
    Floors in Building
    3
    Building materials
    Block

    Keller Williams Realty Staten Island (917) 217-0599 [email protected]

    Listing agent Margherita Esposito

    Listing date Aug 5, 2025

    Copyright © 2025 Staten Island Board of Realtors. 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 Investment Opportunity

    This mixed-use property in Brooklyn, NY, presents a valuable investment opportunity. The building includes one commercial unit on the first floor, complete with a full basement, and two apartments above, each featuring two bedrooms and one bathroom. The property is zoned to allow for construction up to eight or more stories, suggesting potential for future development. The current owner has maintained the building in good condition and is seeking a buyer to continue its upkeep. The property offers flexibility for either owner-occupancy, with rental income from the other units, or full rental operation, depending on the investor's preference. The property has a lot size of 0.03 acres and a building size of 3,140 square feet. The zoning is C4.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salsa Salsa Dance ... Dance School

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.979134
    Latitude
    40.682671

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with commercial space and residential units in Brooklyn.
    Where is this mixed-use property located?
    The property is located at 55 4Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Zoned for 8+ story building, offering significant development potential.; - Includes a commercial unit with a full basement.; - Features two, 2-bedroom, 1-bathroom apartments.
    (917) 217-0599
    Request Owner's contact information
    55 4Th Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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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
    55 4Th Ave Brooklyn, NY 11217
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