Listing Courtesy of: Kelly Wu - Womcore Llc 718-612-3088
$2,599,000 affordable loan icon Calculate Payment

5222 4th Ave Brooklyn, NY 11220

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Mixed Use Residence
Beds
Baths
3,960 Sq. Ft.
0.04 Acre Lot

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Last updated on 11/5/2024 9:11 PM
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 buildingâ??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 $155,400. The ownerâ??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. . Continue reading
MLS#
486950
Property Type
Mixed Use
Year Built
1931
Square Feet
3,960 sq. ft
Lot Size
0.04
Stories
3.0

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Listing Courtesy of: Kelly Wu - Womcore Llc 718-612-3088
Andrea Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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This content last refreshed on 11/5/2024 9:11 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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