Brooklyn, NY 11220,5222 4th AVE
Brooklyn, NY 11220,5222 4th AVE
Brooklyn, NY 11220,5222 4th AVE
Brooklyn, NY 11220,5222 4th AVE
Brooklyn, NY 11220,5222 4th AVE
Brooklyn, NY 11220,5222 4th AVE
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$ 2,280,000
Est. payment | /mo

1,816 Sqft Lot


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$ 2,280,000
Est. payment | /mo
Save

1,816 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID 890875

Rental Info No

Year Built 1931

Annual Tax Amount $6,584

Lot Size 1,816 Sqft

Acres 0.0417

Property Sub-Type Other

Source onekey2

Property Description

This attached, 3-story brick building offers a prime opportunity to own in the thriving Sunset Park neighborhood. Zoned R7A, C2-4 with a generous buildable square footage of 7,268, this property is ideal for potential development or expansion. It features 2 residential units and 1 retail store. The building spans 18x100 feet for the commercial unit and 18x60 feet for the residential portion, sitting on a full lot. The ground floor is a retail store, currently operating as a business, paying. The store also covers the entire building's water fees and property taxes. The basement offers storage space currently being used for the store. On the second floor, there is a spacious 4-bedroom, 1-bathroom unit, while the third floor features a 3-bedroom, 1-bathroom apartment. All units have separate heating systems and hot water, and the tenants are responsible for all utilities. Total annual income of $162,960. The owner's only expense is $6,000 per year for insurance, making it a low-maintenance investment for the owner. Located in the busy 4th Avenue business district, the property benefits from significant foot traffic, making it ideal for commercial use. Residents and businesses will enjoy easy access to nearby amenities, including restaurants, shopping, banks, and more. Just minutes from the subway station, with access to the R train and B63 bus, this location offers unbeatable convenience for both businesses and residents.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Finished, Full

Interior

Heating Other

Cooling Wall/Window Unit(s)

Flooring Concrete, Hardwood, Other, Tile

Fireplace No

Exterior

Utilities Available See Remarks

Building

Sewer Other

Water Other

Structure Type Brick

Others

Special Listing Condition None

Listed by RE/MAX Edge

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agent

Luciane Serifovic

CEO & FOUNDER | License ID: 10491208575

+1(917) 567-8767

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5222 4th AVE