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Sunset Park Multifamily Investment Opportunity
For Sale
$1,350,000

4311 4th Avenue, Brooklyn, NY 11232

Multifamily property in Sunset Park near transportation and amenities.

Property Size4,268 SF
Price / SF$316.31
Days on Market995

Property Features for 4311 4th Avenue

General Information

Standard status Active
Size 4,268 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $13,822

Building Details

Year Built 1931
Listing Agency: RE/MAX Edge
Listed By: XiaoMei(May) He · License #10401313430
Source: Exitrealty
Added: Jan 15, 2024 Changed: Sep 10 Last Checked: Sep 15 at 4:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Edge

Investment Insights

Based on property information with market context.

This multifamily property is located in Sunset Park, Brooklyn, near the N/R 45th Street Train Station and local amenities. The three-story building contains six two-bedroom apartments. A finished full basement with a separate entrance provides additional space. The property is zoned R7A/C2-4, with approximately 8,000 buildable square feet. This property is suitable for investment.

Key Highlights

  • Prime location in Sunset Park, close to the N/R 45th Street Train Station and essential amenities.
  • Six 2‑bedroom apartments offer immediate rental income potential.
  • R7A/C2‑4 zoning allows for approximately 8,000 buildable square feet, presenting significant development opportunities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

5,291
Businesses Nearby

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Multifamily property in Sunset Park near transportation and amenities.
Where is this apartment building located?
The property is located at 4311 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Prime location in Sunset Park, close to the N/R 45th Street Train Station and essential amenities.; Six 2‑bedroom apartments offer immediate rental income potential.; R7A/C2‑4 zoning allows for approximately 8,000 buildable square feet, presenting significant development opportunities.
More about this property
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