4424 5th Avenue

Sunset Park

$3,100,000
Price
8
Beds
5
Baths
4,347 Sq. Ft.
$713 / Sq. Ft.
4,347
Sq. Ft.
$713
per Sq. Ft.

Description

HEART OF SUNSET PARK- SUPER BUSY HIGH TRAFFIC 5th AVE CORNER 2 FAMILY + 2 STORE, 3 STORY MIXED-USE SEMI-DETACHED SOLID BRICK EXTRA-LARGE(4350 SQFT) BUILDING ON ONE OF THE MOST BUSIEST COMMERCIAL CORRIDORS IN NYC... This phenomenal high-income investment property is perfect for investors with $213,000/year-almost $18,000/month rent roll income(very low expenses)- also situated in an ideal high foot traffic location for all enterprising end-users with any type of business idea/venture... Investors...HEART OF SUNSET PARK- SUPER BUSY HIGH TRAFFIC 5th AVE CORNER 2 FAMILY + 2 STORE, 3 STORY MIXED-USE SEMI-DETACHED SOLID BRICK EXTRA-LARGE(4350 SQFT) BUILDING ON ONE OF THE MOST BUSIEST COMMERCIAL CORRIDORS IN NYC... This phenomenal high-income investment property is perfect for investors with $213,000/year-almost $18,000/month rent roll income(very low expenses)- also situated in an ideal high foot traffic location for all enterprising end-users with any type of business idea/venture... Investors or entrepreneurs can't miss with amazing property! BUILDING SET UP AS A 6 ROOM-4 BEDROOM APARTMENT ON 3rd FLOOR OVER A 6 ROOM-4 BEDROOM APARTMENT ON 2nd FLOOR OVER TWO BUSY CORNER STORES OVER FULL BASEMENT... Don't miss out on this outstanding opportunity to own a truly prized piece of real estate, in one of brooklyn's most desirable & sought-after neighborhoods... An almost too good to be true mixed-use property...
  1. Listed by Billy E. Apter • RE/MAX Real Estate Professiona
  2. Listed by Vito Angelo • RE/MAX Real Estate Professiona

Amenities

  • Walk Up
  • Voice Intercom
  • Basement
  • Full Basement
  • Parking Included
  • Lowrise
LISTING UPDATED: 11/15/2024 03:17 PM

Property Details for 4424 5th Avenue

StatusActive
MLS ID469230
Days on Market729
Taxes$7,661 / year
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1928
Lot Size1,614 SF / 20' x 80'
CountyKings County

Building

4424 5th Ave

3 Units3 StoriesBuilt in 1928

Building Information for 4424 5th Avenue

Stories3Residences3Year Built1928Lot Size1,614 SF / 20' x 80'Building Age-Building Type-

Property Information for 4424 5th Avenue

Summary
Location and General Information
  • Number Of Stories: 2
  • Cross Street Name: 45th ST
  • Zoning: R6A
  • Roof: Flat
Parking
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 7661.0
  • Gross Income: $213,000.00
Property
Lot Information
  • Sq Ft Total: 4347
  • Yard: Other
  • Lot Size Irregular YN: No
  • Lot Size Length: 80
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 869.0
  • Fuel Expense: 5521.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 4
  • Lavatories: 3
  • Construction Materials: Brick
  • Electric: Other
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
  • Handicap Access YNU: No
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1600.0
  • Building Length: 80.0
  • Building Type: Semi-Detached
  • Building Width: 20.0
Unit 1
  • Unit Baths Full: 2
  • Unit Category: Store
  • Unit Current Rent: 8200.0
  • Unit Floor: Store Frnt
  • Unit Status: Month-to-Month
  • Unit Unit Type: Retail
Unit 2
  • Unit Baths Full: 1
  • Unit Category: Store
  • Unit Current Rent: 2950.0
  • Unit Floor: Store Frnt
  • Unit Status: Month-to-Month
  • Unit Unit Type: Retail
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 3200.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 3400.0
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 4+ Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 3000.0
  • Owner Occupied: No

Property History for 4424 5th 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 4424 5th Avenue

Taxable ValueLand$20,760Additions$91,800Total$112,560
Home Facts
Total Finished SqFt4,347 SqFtLot Size1,613 SqFtYear Built1928ZoningR6AAPN3007380046

Schools near 4424 5th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
Sunset Park Avenue Elementary School
PublicPK to 5

Sunset Park Prep
Public6 to 8

Sunset Park High School
Public9 to 12

Is 136 Charles O Dewey
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.

Similar Homes

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Similar Sold Homes

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4424 5th Avenue is a mixed use property for sale in Sunset Park. This property was listed for sale on November 20, 2022 by RE/MAX Real Estate Professiona, it's currently listed at $3,100,000. It has been on the market for a total of 729 days and was last sold on August 25, 2023. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include Sunset Park Avenue Elementary School, Sunset Park Prep and Sunset Park High School. 4424 5th Avenue is a 8-bed, 5-bath, 4,347 sqft mixed use property built in 1928.

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 RE/MAX Real Estate Professiona

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