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

5015 4th Avenue, Brooklyn, NY 11220

Multifamily property near transit with renovated units and R7A, C2-4 zoning designations.

Property SizeContact for details
Days on Market137

Property Features for 5015 4th Avenue

General Information

Standard status Active
Property subtype Multi Family Home
Zoning R7A, C2-4

Additional Details

Cap Rate 6.4%
Public Transit Yes
Multifamily Units 8

Building Details

Buildings 1
Stories 3
Construction brick
Listing Agency: Ritz Realty Ny Corp.
Listed By: Winnie Y. Chen
Source: Kirinny
Added: Apr 17 Changed: Aug 29 Last Checked: Aug 30 at 5:33PM

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.

Investment Insights

Based on property information with market context.

This 8-family brick apartment building is located at 5015 4th Avenue in Brooklyn’s Sunset Park. The property includes units described as newly renovated, along with units identified as renting below market. A stated 6.4 cap rate provides an operating metric for review, while the building’s multifamily configuration supports continued residential use.

The property is near transit and carries R7A and C2-4 zoning designations. Showings are available with keys on site.

Key Highlights

  • 8‑family brick apartment building at 5015 4th Avenue
  • 6.4 cap rate
  • Units include newly renovated apartments

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property near transit with renovated units and R7A, C2-4 zoning designations.
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: 8‑family brick apartment building at 5015 4th Avenue; 6.4 cap rate; Units include newly renovated apartments
More about this property
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