4317 8th Avenue

4317 8th Ave
Sunset Park

$8,000,000
Price
—
Beds
19,104 Sq. Ft.
$419 / Sq. Ft.
19,104
Sq. Ft.
$419
per Sq. Ft.

Description

This 4-story mix-use commercial building (5 commercial stores and 15 apartments, 19104 SQ total) is located in excellent blocks of Sunset Park's core commercial area. The total income for the 15 apartments is about $24000/month, and the total income for 5 stores is more than $2,1000-2,6000/month. It has superior features: lot size 60x100, building size 60x90, Great condition in every store. Four-story brick building with 3 parking spaces on the back, c1-3/R6 with huge rebuild potentials, close to...This 4-story mix-use commercial building (5 commercial stores and 15 apartments, 19104 SQ total) is located in excellent blocks of Sunset Park's core commercial area. The total income for the 15 apartments is about $24000/month, and the total income for 5 stores is more than $2,1000-2,6000/month. It has superior features: lot size 60x100, building size 60x90, Great condition in every store. Four-story brick building with 3 parking spaces on the back, c1-3/R6 with huge rebuild potentials, close to D TRAIN 9th Ave station, close to Maimonides Medical Center and Sunset Park, multiple banks, supermarkets, and schools, newly upgrades on apartments and roofs.
  1. Listed by Guang Qing (King) Lin • Momentum Real Estate LLC • 3 Spaces
  2. Listed by WaiPing (Tammy) Chan • Momentum Real Estate LLC

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise
LISTING UPDATED: 09/19/2024 02:32 PM

Property Details for 4317 8th Avenue

StatusActive
MLS ID478884
Days on Market351
Taxes$108,627 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1935
Lot Size6,000 SF / 60' x 100'
CountyKings County

Building

4317 8th Ave

18 Units4 StoriesBuilt in 1935

Building Information for 4317 8th Avenue

Stories4Residences18Year Built1935Building Size60' x 90'Building Sq. Ft21,600 SFLot Size6,000 SF / 60' x 100'Building Age-Building Type-

Property Information for 4317 8th Avenue

Summary
Location and General Information
  • Block: 733
  • Number Of Stories: 5
  • Cross Street Name: 43rd St
  • Cross Street Name: 44th St
  • Zoning: C1-3/R6
  • Roof: Flat
  • Water Front Present YN: No
Parking
  • Parking Attributes: 3 Spaces
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 108627.0
  • Gross Expense: 164657.0
  • Gross Income: $508,092.00
  • Cap Rate: .00%
Property
Lot Information
  • Lot Dimensions: 6000
  • Sq Ft Total: 19104
  • Yard: Other
  • Lot Number: 1
  • Lot Size Irregular YN: No
  • Lot Size Length: 100
  • Lot Size Width: 60
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 918.0
  • Fuel Expense: 18222.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Cellar
  • Commercial Features Interior: None
  • Foundation Details: Other
  • Flooring: Tile
  • Unit Count: 20
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 220 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 5400.0
  • Building Length: 90.0
  • Building Type: Semi-Detached
  • Building Width: 60.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 5500.0
  • Unit Room Description: coffee shop 4 years leased left
  • Unit Floor: 1
  • Unit Sq Ftper Unit: 1500.0
  • Unit Status: Leased
  • Unit Unit Type: Restaurant
Unit 2
  • Unit Category: Store
  • Unit Current Rent: 5727.0
  • Unit Room Description: pharmacy 4 years leased left
  • Unit Floor: 1
  • Unit Sq Ftper Unit: 900.0
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 3
  • Unit Category: Store
  • Unit Current Rent: 4300.0
  • Unit Room Description: shipping store 5 years left
  • Unit Floor: 1
  • Unit Sq Ftper Unit: 1600
  • Unit Status: Leased
  • Unit Unit Type: Office
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2A
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2B
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 2C
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2D
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 8
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 2E
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 9
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3A
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 10
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3B
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 11
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Floor: 3C
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 12
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3D
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 13
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 3E
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 14
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 4A
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Unit 15
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Floor: 4B
  • Unit Rooms Total: false
  • Unit Status: Leased
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 26088.0
  • Certificate Of Occupancy YN: Yes
  • Owner Occupied: Yes

Property History for 4317 8th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4317 8th Avenue

Taxable ValueLand$135,450Additions$989,550Total$1,125,000
Home Facts
Total Finished SqFt19,104 SqFtLot Size6,017 SqFtYear Built1935ZoningR6APN3007330001

Schools near 4317 8th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
P.S. 169 Sunset Park
Public - K to 5
Jhs 223 The Montauk
Public - 6 to 8
West Brooklyn Community High School
Public - 10 to 12
School Of Creativity-Innovation
Public - PK to 4
Rating
School
Distance
P.S. 169 Sunset Park
PublicK to 5

Jhs 223 The Montauk
Public6 to 8

West Brooklyn Community High School
Public10 to 12

School Of Creativity-Innovation
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 4317 8th Avenue, Sunset Park

4317 8th Avenue is a townhouse for sale in Sunset Park. This property was listed for sale on January 3, 2024 by Momentum Real Estate LLC, it's currently listed at $8,000,000. It has been on the market for a total of 351 days and was last sold on June 18, 2021. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 169 Sunset Park, Jhs 223 The Montauk and West Brooklyn Community High School. 4317 8th Avenue is a 0-bed, 0-bath, 19,104 sqft townhouse built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Momentum Real Estate LLC

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