Commercial Land with Mixed-Use
5501 4th Avenue, Brooklyn, NY 11220
For Sale
$4,990,000
Two adjoining parcels combine existing buildings with concepts for residential, retail, and community-facility development.
Property SizeContact for details
Days on Market30
Property Features for 5501 4th Avenue
General Information
Standard status
Property subtype
Listing Agency:
RE/MAX Edge
(718) 288-3835
Listed By:
Zaiyou Zhu · License NY #10401312891
(917) 967-5966
Source:
Neilcharlesrealestate
Added: Oct 15
Changed: Nov 13
Last Checked: Nov 13 at 10:03AM
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 RE/MAX Edge
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two adjoining properties at 404 and 412 55th Street comprise approximately 5,216 SF of land. The corner parcel includes a three-story brick building on approximately 2,450 SF; the adjoining 2,766 SF parcel has a front garage and former church space at the rear. Architectural plans for the corner property show a proposed two-story addition with four residential units and commercial space. Preliminary plans for the adjoining parcel depict 18 condominium units, one retail space, and one community facility.
The properties are in an R7A/C2-4 zoning district with a residential FAR of 4.0. A preliminary combined concept examines up to 27 condominium units. The properties are near public transportation, shopping, and restaurants, and are offered together or individually.
The properties are in an R7A/C2-4 zoning district with a residential FAR of 4.0. A preliminary combined concept examines up to 27 condominium units. The properties are near public transportation, shopping, and restaurants, and are offered together or individually.
Key Highlights
- Combined land area of approximately 5,216 SF across two adjoining properties
- R7A/C2‑4 zoning district with a residential FAR of 4.0
- Corner parcel includes a three‑story brick building on approximately 2,450 SF of land
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
7,042
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 22%
Groceries 18%
Apparel 5%
BP
Shops & Services
17,603 visits/mo
0.4 miles
7-Eleven
Shops & Services
17,278 visits/mo
0.4 miles
Bravo Supermarkets
Groceries
15,635 visits/mo
0.1 miles
Dunkin' Donuts
Dining
15,098 visits/mo
0.4 miles
Chase Bank
Shops & Services
13,539 visits/mo
0.3 miles
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
Properties on Market for Commercial land in Brooklyn
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels combine existing buildings with concepts for residential, retail, and community-facility development.
Where is this commercial land located?
The property is located at 5501 4th Avenue Brooklyn, NY.
What is the asking price?
The asking price for this property is $4,990,000.
What are key features of this property?
This property features: Combined land area of approximately 5,216 SF across two adjoining properties; R7A/C2‑4 zoning district with a residential FAR of 4.0; Corner parcel includes a three‑story brick building on approximately 2,450 SF of land
