Adjoining Mixed-Use Development
New
For Sale
$4,990,000
5501 4th, Brooklyn, NY 11220
Two connected parcels combine a three-story brick structure with a separate site containing a garage and former church space.
Property SizeContact for details
Days on Market5
Property Features for 5501 4th
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$11,200
Listing Agency:
RE/MAX Edge
(516) 517-2400
Listed By:
Zaiyou Zhu (joe@remaxedgeny.com)
Source:
Educatorsrealty
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 6:16AM
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.
This Brooklyn package consists of two adjoining properties with approximately 5,216 SF of combined land. One parcel has a three-story brick corner building on approximately 2,450 SF of land; the other contains approximately 2,766 SF 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 brick building, including four residential units and commercial space. Preliminary plans for the adjoining property outline 18 residential condominium units, one retail space, and one community facility. A combined concept has explored up to 27 residential condominium units; these figures describe proposed concepts, not completed improvements.
The properties are in Sunset Park, Brooklyn, along the 4th Avenue corridor, near public transportation, shopping, and restaurants. Both are in an R7A/C2-4 zoning district with a residential FAR of 4.0. The properties are offered together or individually.
The properties are in Sunset Park, Brooklyn, along the 4th Avenue corridor, near public transportation, shopping, and restaurants. Both are in an R7A/C2-4 zoning district with a residential FAR of 4.0. The properties are offered together or individually.
Key Highlights
- Approximately 5,216 SF of combined land across two adjoining properties
- Three‑story brick corner building on approximately 2,450 SF of land
- Adjoining parcel has approximately 2,766 SF of irregular land, a front garage, and former church space at the rear
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,902
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
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two connected parcels combine a three-story brick structure with a separate site containing a garage and former church space.
Where is this mixed-use property located?
The property is located at 5501 4th 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: Approximately 5,216 SF of combined land across two adjoining properties; Three‑story brick corner building on approximately 2,450 SF of land; Adjoining parcel has approximately 2,766 SF of irregular land, a front garage, and former church space at the rear
