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Two-Property Multifamily Offering
New
For Sale
$3,100,000

4821 8th Ave, Brooklyn, NY 11220

The adjoining properties are being sold together within a Brooklyn commercial corridor served by public transportation.

Property SizeContact for details
Days on Market5

Property Features for 4821 8th Ave

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $6,880
Listing Agency: Ritz Realty NY Corp.
Listed By: Denny L. Chen
Source: Elliman
Added: Oct 24 Changed: Oct 27 Last Checked: Oct 26 at 3:22PM

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 Ritz Realty NY Corp.

Rey
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Investment Insights

Based on property information with market context.

This multifamily offering combines two neighboring properties at 4821 and 4823 8th Avenue in Brooklyn. Both parcels are part of a single sale, providing ownership of adjacent properties in one transaction.

The properties sit in the Sunset Park area, identified in the listing as Brooklyn’s Chinatown, along a commercial corridor. Public transportation is accessible nearby, and the reported scores are 91 for walking, 89 for transit, and 74 for biking.

Key Highlights

  • Two adjacent properties at 4821 and 4823 8th Avenue
  • Offered together in one sale
  • Walk Score 91, Transit Score 89, and Bike Score 74

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

7,195
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - The adjoining properties are being sold together within a Brooklyn commercial corridor served by public transportation.
Where is this multifamily property located?
The property is located at 4821 8th Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Two adjacent properties at 4821 and 4823 8th Avenue; Offered together in one sale; Walk Score 91, Transit Score 89, and Bike Score 74
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