922 4Th Ave, Brooklyn, NY 11232
For Sale
1 / 3
This exceptional mixed-use property, located at 922 4th Avenue in Brooklyn, New York, presents a compelling investment opportunity. The building, a solid brick structure, encompasses 4,000 square feet across four stories and sits on a 1,600 square foot lot. It features seven residential units and one ground-floor storefront, currently generating an approximate annual rental income of $156,000. The property is zoned M1-2D, offering flexibility for future development or expansion. Situated on a bustling commercial corridor of 4th Avenue in the desirable Greenwood Heights/Sunset Park neighborhood, this location benefits from excellent access to public transportation and abundant shopping options. This turnkey investment is ideal for those seeking a stable, high-yield property in a prime Brooklyn location. The asking price is $2,150,000 and is offered as a 1031 exchange opportunity. This well-maintained building offers a strong cash flow and significant potential for long-term appreciation. The property's solid construction and consistent rental income make it an attractive investment for both seasoned and new investors. Don't miss this chance to acquire a prized piece of Brooklyn real estate.
-
Western Union Bank Credit Union
-
MoneyGram Bank Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
M12D · Brooklyn, NYBrooklyn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.