555 4th Ave Brooklyn, NY 11215-4716
Property profile & analytics
555 4th Ave Brooklyn, NY 11215-4716
- Retail residential properties
- 103,430 SF
- 0.33 lot acres
Property ID
US63-1003972
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- WIN - Rosa Parks Family Residence / Charitable Organization / Social Service Agency
- 2EmptyChairs Coaching and Advocacy Services / Life Coach
Property Details for 555 4th Ave
- Year built
- 2018
- Lot size
- 0.33 lot acres
- Property size
- 103,430 SF
- Zone code
- R8A
- Property type
- Retail residential properties
- APN
- 01047-0003
- APU
- 10470003
Description
This exceptional 2,900 square foot retail space is ideally situated at 555 4th Avenue in the vibrant Brooklyn, New York neighborhood, zip code 11215. Located in Kings County, this single-tenant property presents a fantastic opportunity for a variety of retail businesses. The entire space, totaling 2,900 square feet, is currently vacant and ready for immediate occupancy. This allows for complete customization to suit the specific needs of a new tenant. The property's prime location offers excellent visibility and accessibility, ensuring high foot traffic and potential for strong sales. The address, 555 4th Avenue, provides a prestigious address within a bustling commercial area. This is a rare opportunity to secure a substantial retail space in a highly desirable Brooklyn location. The property is classified as Commercial Retail and is a single-tenant occupancy. The property is ready for immediate lease and offers significant potential for growth and success. Interested parties are encouraged to inquire promptly to secure this exceptional retail space. The property's geographic coordinates are 40.6662017 latitude and -73.9918477 longitude.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- Off market
-
CAP approach
- CAP Return
- Estimation
- 6%
- $62,575,000
- 6.5%
- $57,760,000
- 7%
- $53,635,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $72,850,000
Market price range: $56.9M - $96.2M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $70,890,000 Current use
- AUTO REPAIR, GARAGE
- $82,180,000 Change: +16% Conversion: Difficult
- RETAIL STORES
- $79,645,000 Change: +12% Conversion: Easy
- INDUSTRIAL (GENERAL)
- $58,705,000 Change: -17% Conversion: Moderate
- OFFICE BUILDING
- $56,935,000 Change: -20% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.9916
- Latitude
- 40.6663
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$23,772
$796,500
$12,599,550
$13,396,050
-
$1,770,000
$27,999,000
$29,769,000
