4424 3rd Avenue
Description
4 Stores, 2 four bedroom apartments. Zoned M1-2D, the property includes four commercial/retail stores, two spacious 6-room/4-bedroom apartments, and a full unfinished basement with high ceilings for storage. Equipped with gas boiler and water heaters, the building benefits...Prime Sunset Park corner brick mixed-use property at 4424 3rd Ave (AKA 275-283 45th Street) on a 25' x 100' lot, featuring both front and rear buildings on a single lot, with a combined building size of approximately 5,450 sqft.
4 Stores, 2 four bedroom apartments. Zoned M1-2D, the property includes four commercial/retail stores, two spacious 6-room/4-bedroom apartments, and a full unfinished basement with high ceilings for storage. Equipped with gas boiler and water heaters, the building benefits from heavy foot and car traffic, offering excellent visibility along 3rd Avenue, just one block from the 45th Street R train station. Conveniently located near Industry City, the Belt Parkway, Gowanus Expressway, Verrazano Bridge, Staten Island, and with easy access to the Battery Tunnel and Manhattan, this property is ideal for any type of commercial business. The roof provides potential for outdoor advertising visible from the BQE. Delivered vacant possible. Owner financing available. This is a rare and versatile investment opportunity.
- Listed by Ali Tom • Bellmarc
Amenities
- High Ceilings
- Walk Up
- Basement
- Parking Included
- Lowrise
Property Details for 4424 3rd Avenue
| Status | Active |
|---|---|
| MLS ID | 487480 |
| Days on Market | 35 |
| Taxes | $6,400 / year |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 0.0 |
| Compass Type | Mixed Use |
| MLS Type | Mixed Use |
| Year Built | 1950 |
| Lot Size | 2,500 SF / 25' x 100' |
| County | Kings County |
Building
4424 3rd Ave
Building Information for 4424 3rd Avenue
Property Information for 4424 3rd Avenue
- Block: 736
- Number Of Stories: 4
- Cross Street Name: 45th Street
- Zoning: M1-2D
- Roof: Flat, Rubber
- Parking Attributes: None
- Parking Feature Single: None
- Financing: 1031 Exchange, Bank Mortgage, Cash, Owner
- Tax Amount: 6400.0
- Gross Expense: 21400.0
- Gross Income: $984,000.00
- Sq Ft Total: 5450
- Yard: Other, None
- Lot Number: 48
- Lot Size Irregular YN: No
- Lot Size Length: 100
- Lot Size Width: 25
- Commercial Condo YN: No
- Heat Delivery: Steam/Radiator
- Heating Fuel: Gas
- Hot Water: Gas
- Utility Expense: 600.0
- Fuel Expense: 3900.0
- Basement Amenities: Cellar, Unfinished
- Commercial Features Interior: None
- Foundation Details: Stone
- Flooring: Hardwood, Tile
- Unit Count: 6
- Lavatories: 4+
- Construction Materials: Brick
- Electric: 110 V, 220 V, Circuit Breakers
- Exterior: Brick
- Commercial Features Exterior: None
- Building Footprint Sq Ft: 2500.0
- Building Length: 100.0
- Building Type: Semi-Detached
- Building Width: 25.0
- Unit Baths Half: 1.0
- Unit Category: Store
- Unit Room Description: Store # 1 - Retail front store facing 3rd Avenue
- Unit Projected Rent: 2500.0
- Unit Status: Vacant
- Unit Unit Type: Retail
- Unit Baths Half: 2.0
- Unit Category: Store
- Unit Room Description: Store # 2 - Retail/Office 2nd store off the corner
- Unit Projected Rent: 1500.0
- Unit Status: Month-to-Month
- Unit Unit Type: Retail
- Unit Baths Half: 1.0
- Unit Category: Store
- Unit Room Description: Store/Warehouse Rear 2 Story Building
- Unit Projected Rent: 2500.00
- Unit Status: Month-to-Month
- Unit Unit Type: Retail
- Unit Category: Store
- Unit Projected Rent: 2500.00
- Unit Status: Vacant
- Unit Unit Type: Warehouse
- Unit Baths Full: 1
- Unit Bedrooms Total: 4
- Unit Category: Apt
- Unit Rooms Total: true
- Unit Status: Month-to-Month
- Unit Unit Type: 3 Bedrooms
- Unit Baths Full: 1
- Unit Bedrooms Total: 4
- Unit Category: Apt
- Unit Projected Rent: 2750.00
- Unit Rooms Total: true
- Unit Status: Month-to-Month
- Unit Unit Type: 4+ Bedrooms
- Sale Type: Arm's Length
- Insurance Expense: 9000.0
- Owner Occupied: Yes
- Rent Income: 8200.0
Property History for 4424 3rd Avenue
| Date | Event & Source | Price | Appreciation |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4424 3rd Avenue
Schools near 4424 3rd Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 1 The Bergen PublicPK to 5 | ||
Is 136 Charles O Dewey Public6 to 8 | ||
Sunset Park High School Public9 to 12 | ||
Sunset Park Prep Public6 to 8 |
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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Listing Courtesy of Bellmarc
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