Commercial Land with Development
New
For Sale
$4,990,000
5501 4th Avenue, Brooklyn, NY 11220
Land, Brooklyn, NY
Property SizeContact for details
Lot Size0.12 Acres
Days on Market5
Property Features for 5501 4th Avenue
General Information
Property type
Land
Property subtype
Other
Zoning
R7A/C2-4
Subdivision
Sunset Park
Standard status
Active
Lot size
0.12 Acres
Listing Agency:
RE/MAX Edge · RE/MAX International
(718) 612-3088
Listed By:
ZaiYou (Joe) Zhu
(917) 967-5966
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 17 at 12:06AM
MLS# 505387
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This commercial land offering combines two adjoining properties totaling approximately 5,216 square feet. One parcel includes a three-story brick corner building on approximately 2,450 square feet of land; the other has approximately 2,766 square feet of irregular land, a front garage, and former church space at the rear. Architectural plans dated May 2026 show a proposed two-story addition to the corner building, with four residential units and commercial space. Preliminary concepts for the second parcel show 18 residential condo units, one retail space, and one community facility. A combined concept has explored up to 27 residential condo units.
Both properties are zoned R7A/C2-4, with a stated residential FAR of 4.0. The listing describes potential approaches including residential condos, multifamily rentals, mixed-use development, retail, professional or medical offices, community facilities, and parking. The properties are near a subway, shopping, restaurants, and neighborhood amenities, and may be acquired together or individually.
Both properties are zoned R7A/C2-4, with a stated residential FAR of 4.0. The listing describes potential approaches including residential condos, multifamily rentals, mixed-use development, retail, professional or medical offices, community facilities, and parking. The properties are near a subway, shopping, restaurants, and neighborhood amenities, and may be acquired together or individually.
Key Highlights
- Two adjoining properties comprise approximately 5,216 SF of combined land
- Both parcels are zoned R7A/C2‑4 with residential FAR of 4.0
- Corner building sits on approximately 2,450 SF; adjoining parcel has approximately 2,766 SF
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
6,087
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - Two adjoining parcels combine a three-story corner building with an adjoining site containing a garage and former church space.
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: Two adjoining properties comprise approximately 5,216 SF of combined land; Both parcels are zoned R7A/C2‑4 with residential FAR of 4.0; Corner building sits on approximately 2,450 SF; adjoining parcel has approximately 2,766 SF
