Property summary
This exceptional three-story mixed-use building, located at 4709 Fort Hamilton Parkway in Brooklyn, NY 11219, presents a compelling investment opportunity. Spanning 3,240 square feet on a 20' x 97' lot, this 1910-built brownstone offers a unique blend of residential and commercial space. The property features three units: one ground-floor store/office and two residential apartments, each with separate meters. The first floor includes a lobby, two bathrooms, and three rooms. The second and third floors each boast living rooms, dining rooms, multiple bedrooms, kitchens, and full bathrooms. A semi-finished full-length basement provides ample storage, utility, and boiler room space, with access to both the front and back yards. The R6 zoning presents significant potential for developers. Conveniently located minutes from the New Utrecht "D" subway line, providing easy access to Manhattan, and close to numerous restaurants, cafes, and shopping destinations, including The Loft Steakhouse and 8th Avenue Sunset Park. The proximity to Maimonides Medical Center further enhances its appeal. The asking price is $1,999,000, translating to $616.98 per square foot. This property offers a rare combination of established income and redevelopment potential in a highly desirable Brooklyn neighborhood. This is a truly unique opportunity for investors and developers alike.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
R6 · Brooklyn, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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