5411 4th Avenue, Brooklyn, NY 11220
Kings County
Key Facts
Description
Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated just minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. Additionally, the zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer significant commercial conversion possibilities, presenting avenues for value addition and diversification. Sunset Park is renowned for its rich cultural tapestry and dynamic community atmosphere. The neighborhood's namesake park provides ample green space and recreational facilities, contributing to a lively atmosphere and strong sense of community. This property not only promises stable income through its current rent-stabilized units but also offers substantial upside potential through strategic enhancements and leveraging its prime location. Seize this rare opportunity to invest in a property that combines immediate financial benefits with promising future prospects in one of Brooklyn's most sought-after neighborhoods.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Lot Size
0.05 acres
Lot Dimensions
80 x 25
Zoning
R7A, C2-4
Days on Market
501
MLS® Listing#
488822
Property Features
Flooring
Basement
Foundation
Roof
Financial Details
Annual Taxes
$14,863
Affordability Calculator
$260,000
Estimated monthly payment
$6,919/mo
Principal $1,039,999 · Est. interest $1,450,891 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Brooklyn, NY
- $985,266
- Median Listing Price
- 84
- Median Days on Market
- 1,620
- Median Sq Ft
- $567
- Median Price / Sq Ft
- 2,897
- Active Listings
- This home’s price is 32% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Brooklyn, NY.
Location
Points of Interest in Brooklyn, NY
Showing the Brooklyn area map.
Nearby Schools
Brooklyn Rise Charter School
School · 0.1 mi away
Leep Dual Language Academy
School · 0.2 mi away
Salam School
Secondary · 0.2 mi away
Al Madrasa al Islamiya
Secondary · 0.2 mi away
PS 503 Art Works
Elementary · 0.2 mi away
P. S 506: the School of Journalism & Technology
Elementary · 0.3 mi away
Sunset School of Cultural Learning
Elementary · 0.3 mi away
MS 936 Arts Off 3rd
Secondary · 0.3 mi away
PS 94 the Henry Longfellow School
Elementary · 0.3 mi away
District 20 Pre- K Center
Elementary · 0.4 mi away
Mario's Transportation
School · 0.4 mi away
Sunset Park Children's School
School · 0.4 mi away
P. S. 1 the Bergen
Elementary · 0.4 mi away
PS 310 Elementary School
Elementary · 0.4 mi away
P. S. 971
Elementary · 0.4 mi away
School of Math Science and Healthy Living
Elementary · 0.4 mi away
Early Childhood Center
School · 0.4 mi away
Georgia L McMurray Bat Kids Center
School · 0.5 mi away
Sunset Park Avenues Elementary School
Elementary · 0.5 mi away
PS 896 Brooklyn
Elementary · 0.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 463 52nd Street, Brooklyn, NY | $1,250,000 | 18 | — | 5,250 |
| 771 East 9th Street, Brooklyn, NY | $1,299,000 | 17 | — | 5,000 |
| 735 Knickerbocker Avenue, Brooklyn, NY | $1,495,000 | 18 | 7 | 6,864 |
| 448 40th Street, Brooklyn, NY | $1,650,000 | 18 | — | 7,854 |
Moving Cost Estimate
EXIT Agents in Brooklyn
Listing Courtesy: RE/MAX Edge - 7186123088
Fair Housing NoticeLast Updated: 2025-01-25