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    Corner Mixed-Use Investment Property Title is generated by Realmo AI

    5001 4th Avenue, Brooklyn, NY 11220

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    Four leased retail units over six updated apartments provide diversified income on a highly visible corner location.

    Type:Multifamily
    Added:
    Jun 15, 2026
    Days on Market:
    9
    Last Refresh:
    Jun 20 at 3:08 am

    Property Features for 5001 4th Avenue

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1931

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    Listing Contact
    Amy Koh

    Listing agent Amy Koh License #10301214759

    Listing office MYNY Commercial

    Listing date Jun 15, 2026

    Source Crexi

    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 MYNY Commercial

    HighLights

    • Corner mixed‑use property (built 1931) at 4th Avenue & 50th Street with four commercial units and six residential apartments
    • Ground floor includes four leased retail spaces with active tenants: restaurant, hair salon, tax office, and clothing store
    • Six updated apartments: three 3‑bedroom units and three 2‑bedroom units (all leased at market rates except the super unit)
    • Gross annual rental income of $298,284 and stated 6.85% return based on a $3,900,000 purchase price
    • All residential and commercial tenants are operating under active leases with a strong rent payment history
    • 3‑bedroom apartments feature water views of the Bay Ridge Channel; rooftop offers waterfront and Manhattan skyline views

    Overview

    This corner mixed-use property includes four commercial units on the ground floor and six residential apartments above. The retail level is fully occupied by established tenants: a restaurant, hair salon, tax office, and clothing store. The residential component features six updated apartments, including three 3-bedroom units and three 2-bedroom units. All units are rented under active leases at market rates, except for the super unit. Additional improvements and amenities include water views from the 3-bedroom apartments overlooking the Bay Ridge Channel, plus rooftop panoramic views covering waterfront scenery and the Manhattan skyline.

    Located at the intersection of 4th Avenue and 50th Street in Sunset Park, the property is positioned for strong visibility and convenient access to surrounding areas. The building is near Sunset Park and offers quick connectivity to the Brooklyn-Queens Expressway (I-278). A bus stop is located directly beside the property, supporting day-to-day accessibility for residents and customers.

    For investors or buyers seeking a diversified, lease-supported asset, the current mix of four fully leased commercial spaces alongside updated apartments may appeal to those looking to combine retail convenience with residential tenancy. The commercial and residential tenants are operating under active leases, with a stated history of strong rent payment performance. Reported gross annual rental income is $298,284, with the offering indicating a 6.85% return based on the listed purchase price of $3,900,000.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -74.012571
    Latitude
    40.646055

    FAQs

    What type of property is this?
    Mixed-use property - Four leased retail units over six updated apartments provide diversified income on a highly visible corner location.
    Where is this mixed-use property located?
    The property is located at 5001 4th Avenue Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,990,000.
    What are key features of this property?
    This property features: Corner mixed‑use property (built 1931) at 4th Avenue & 50th Street with four commercial units and six residential apartments; Ground floor includes four leased retail spaces with active tenants: restaurant, hair salon, tax office, and clothing store; Six updated apartments: three 3‑bedroom units and three 2‑bedroom units (all leased at market rates except the super unit)
    More about this property
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