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Vacant Four-Family Building
For Sale
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53 4th Ave, Brooklyn, NY 11217

Four-story vacant quadplex with flexible free-market status and substantial development rights.

Property SizeContact for details
Days on Market143

Property Features for 53 4th Ave

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Matthews
Listed By: Bobby Lawrence · License #10401300331
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 6:35PM

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 Matthews

Investment Insights

Based on property information with market context.

This vacant four-family property is arranged across four stories and operates under a fully free-market framework, without rent stabilization restrictions. The building is located in an R8A / C2-4 zoning district with a 6.0 As-of-Right FAR and 5,312 SF of available air rights, providing additional development capacity. The property is designated Tax Class 2B.

Situated on 4th Avenue near Dean and Bergen Street, the building is less than two blocks from the B, D, N, Q, R, 2, 3, 4, and 5 subway services at Atlantic Avenue Barclays station. Downtown Brooklyn and Manhattan are accessible within 5–15 minutes. Barclays Center and Park Slope bars, restaurants, and retail are also within walking distance.

Key Highlights

  • Four‑story vacant building configured as a four‑family property
  • R8A / C2‑4 zoning with 6.0 As‑of‑Right FAR
  • 5,312 SF of air rights available for development

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Parts Store Nursing Home Building Supply Carpet & Flooring Store Adult Day Care 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.

Location Intelligence

Trade Area within ½ mile

9,658
Businesses Nearby

Demographics for 11217, NY

42,417
Population
21,590
Households
2
Avg Household Size
36
Median Age
73%
College-Educated
93%
High-School Grad
0.7 sq mi
ZIP Area
60,596
Density / Sq Mi
$158,314
Median Household Income
$95,067
Median Earnings
$2,800
Median Rent
$1,614,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-story vacant quadplex with flexible free-market status and substantial development rights.
Where is this quadplex located?
The property is located at 53 4th Ave Brooklyn, NY.
What are key features of this property?
This property features: Four‑story vacant building configured as a four‑family property; R8A / C2‑4 zoning with 6.0 As‑of‑Right FAR; 5,312 SF of air rights available for development
More about this property
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