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Mixed-Use Retail and Apartments
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854 4th Ave, New York City, NY 11232

Two mixed-use buildings totaling 4 apartments and 2 retail/commercial spaces, offered for sale.

Property Size6,500 SF
Price / SF$692.31
Days on Market146

Property Features for 854 4th Ave

General Information

Standard status Active
Size 6,500 SF
Property subtype Mixed Use
Zoning M1-2D
Occupancy 100%
Investment Type Value Add
Net Operating Income $297,762

Additional Details

Multifamily Units 4

Building Details

Buildings 2
Stories 3
Units 4
Tenancy Multi
Listing Agency: Alpha Realty NY
Listed By: Eli Yusupov · License #NY
Source: Crexi
Added: Apr 16 Changed: Aug 28 Last Checked: Sep 8 at 7:29AM

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 Alpha Realty NY

Investment Insights

Based on property information with market context.

This Greenwood Heights mixed-use package includes two separate mixed-use buildings with a total of 4 apartments and 2 commercial spaces. The combined property size is approximately 6,500 square feet. Offered for sale as a structured package, it provides income-generating residential units alongside dedicated commercial space.

The property is located at 854 4th Ave in New York City, and it is described as having a “tax class protected” classification. For qualified buyers, a dedicated debt advisory team is available to discuss financing options tailored to the acquisition.

Key Highlights

  • Two mixed‑use buildings totaling 6,500 SF
  • Includes 4 apartments and 2 retail/commercial spaces
  • Offered as the Greenwood Heights mixed‑use package

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Nursing Home Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,841
Businesses Nearby
463k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 65% Dining 21% Shops & Services 13% Home Improvements & Furnishings 1%
Costco Wholesale Superstores
303,066 visits/mo 0.3 miles
McDonald's Dining
61,940 visits/mo 0.3 miles
Speedway Shops & Services
17,683 visits/mo 0.1 miles
Dunkin' Donuts Dining
17,346 visits/mo 0.2 miles
Shell Shops & Services
10,639 visits/mo 0.3 miles

Demographics for 11232, NY

30,181
Population
10,004
Households
3
Avg Household Size
35
Median Age
36%
College-Educated
69%
High-School Grad
1.2 sq mi
ZIP Area
25,151
Density / Sq Mi
$87,517
Median Household Income
$45,983
Median Earnings
$1,972
Median Rent
$782,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Two mixed-use buildings totaling 4 apartments and 2 retail/commercial spaces, offered for sale.
Where is this retail space located?
The property is located at 854 4th Ave New York City, NY.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Two mixed‑use buildings totaling 6,500 SF; Includes 4 apartments and 2 retail/commercial spaces; Offered as the Greenwood Heights mixed‑use package
More about this property
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