Mixed-Use Building in
5407 4th Avenue Brooklyn, NY 11220
5407 4th Avenue, Brooklyn, NY, 11220
$1,480,000
For Sale
$1,480,000
Mixed-use building with store and three residential units.
Property Size3,180 SF
Lot Size0.04 Acres
Price / SF$465.41
Days on Market126
Property Features for 5407 4th Avenue
General Information
- Standard status
- Active
- Size
- 3,180 SF
- Lot size
- 0.04 Acres
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1931
Listing Agency
Ben Bay Realty Co
(718) 680-6442
Listed by
Phoebe F. Burger · License #pfb1940
(718) 680-6442
Source
Compass
Added: Mar 14 Checked: Jul 10 at 3:55 pm
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 Ben Bay Realty Co
Investment Insights
Based on property information with market context.
This mixed-use building features one store and three residential units. The building has dimensions of 20x53 feet and is situated on a 20x80 foot lot. It is located in an R7A zoning district. The property is being sold as-is with existing tenants and is a bank foreclosure. The property is offered to all cash buyers only. Interior viewings are not available. The property has a size of 3180 square feet.
Key Highlights
- Mixed‑use building with a store and three apartments offers income potential.
- Located on an R7A zoning lot, presenting future development possibilities.
- Building has a brick exterior.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $152.6k | $48.00 |
| − Vacancy | −$12.2k | −$3.84 |
| EGI | $140.4k | $44.16 |
| − OpEx | −$52.7k | −$16.56 |
| NOI | $87.8k | $27.60 |
3,180 SF · lease $48.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.25M
$1.10M – $1.46M
NOI $87,768 @ 7.0% cap · market cap 5.93%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,800 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,306 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Latin Comm. Inc.
Tax Preparation
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with store and three residential units.
Where is this mixed-use property located?
The property is located at 5407 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,480,000.
What are key features of this property?
This property features: Mixed‑use building with a store and three apartments offers income potential.; Located on an R7A zoning lot, presenting future development possibilities.; Building has a brick exterior.
