5015 4th Avenue Brooklyn, NY 11220

Building Details

Floors in Building

4

Number of units

1

Flooring type

Ceramic, Laminate

Building materials

Brick

Roof type

Flat

Listing Agency Ritz Realty NY Corp. Show Phone

677 56th Street, Brooklyn, NY

Listed by Winnie Y. Chen Show Phone

Added: Apr 17 Checked: Jul 16 at 8:06 pm

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MLS# 500615 Listing URL

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Investment Insights

Based on property information with market context.

This multifamily property is located in the Sunset Park neighborhood of Brooklyn. The brick building contains eight units. The property is currently generating income with a 6.4% capitalization rate. There is potential for increased income through renovation and adjusting rents to market rates. The property is located in close proximity to public transportation. The property is zoned R7A, C2-4, offering potential for future development. The lot size is 0.062 acres.

Key Highlights

• Brick multifamily building with 8 families (8 units)
• Reported 6.4% cap rate income
• Newly renovated units plus other below‑market rent potential mentioned

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FAQs

What type of property is this?

Apartment building - Cash-flowing multifamily property in Brooklyn's Sunset Park neighborhood.

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: Brick multifamily building with 8 families (8 units); Reported 6.4% cap rate income; Newly renovated units plus other below‑market rent potential mentioned