Six-Family Residence in Sunset
5411 4th Avenue, Brooklyn, NY 11220
MULTI_FAMILY - Brooklyn, NY
Property size:
1,625 SFLot size:
0.05 AcresPrice / SF:
$799/SF- Added:
- Jan 25, 2025
- Days on Market:
- 470
- Last Refresh:
- May 10 at 6:06 am
Property Features for 5411 4th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R7A, C2-4
- Bedrooms
- 18
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 16, Bedroom 5, Bathroom 3, Bedroom 15, Bedroom 18, Bedroom 3, Bedroom 11, Bedroom 2, Bathroom 1, Bedroom 14, Bedroom 6, Bathroom 6, Bedroom 4, Bedroom 9, Bedroom 7, Bathroom 5, Bedroom 17, Bathroom 2, Bedroom 13, Bedroom 12, Bedroom 8, Bathroom 4, Bedroom 10
- Basement
- Finished, Full
- Standard status
- Active
- Size
- 1,625 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 14863
Listing agent ZaiYou (Joe) Zhu (718) 612-3088
Listing office RE/MAX Edge 1812 Bath Ave, Brooklyn, NY (718) 612-3088
Listing date Jan 25, 2025
MLS# 488822
Listing URL
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HighLights
- High capitalization rate (5.7% current, potential for 6.5% or higher) offering a compelling investment opportunity.
- Rent‑stabilized six‑family residence providing stable income.
- Prime Sunset Park location near retail, shops, and restaurants on 4th, 5th, and 8th Avenues.
- Convenient access to multiple [R & N] subway stations and bus stops for easy commuting.
- Zoning districts R7A and C2‑4 with FAR of 4 offer commercial conversion possibilities.
- Located in the vibrant Sunset Park neighborhood with ample green space and recreational facilities.
Overview
This six-family residence is located in the Sunset Park neighborhood of Brooklyn. Constructed in 1931, the multi-family home offers approximately 4,551 square feet of living space on a 2,000 square foot lot (0.0459 acres). The property is rent-stabilized and has a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Its location provides access to retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues. The property is situated minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. The zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer commercial conversion possibilities. Sunset Park is known for its cultural atmosphere, and the neighborhood's park provides green space and recreational facilities. The property offers income through its current rent-stabilized units and also offers upside potential through strategic enhancements and leveraging its location.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -74.014903
- Latitude
- 40.643798
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Rent-stabilized six-family residence in Brooklyn's vibrant Sunset Park neighborhood.
Where is this apartment building located?
The property is located at 5411 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $1,299,999.
What are key features of this property?
This property features: High capitalization rate (5.7% current, potential for 6.5% or higher) offering a compelling investment opportunity.; Rent‑stabilized six‑family residence providing stable income.; Prime Sunset Park location near retail, shops, and restaurants on 4th, 5th, and 8th Avenues.
