943 4th Avenue

Greenwood Heights

$2,295,000
Price
9
Beds
4.5
Baths
4,000 Sq. Ft.
$574 / Sq. Ft.
4,000
Sq. Ft.
$574
per Sq. Ft.

Description

Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom. The 1st floor commercial space has access to the finished basement giving it flexibility. R7A / C2-4 Zoning, FAR 2.47, Annual R. E. taxes are $17,295. Store and 2nd floor currently...Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom. The 1st floor commercial space has access to the finished basement giving it flexibility. R7A / C2-4 Zoning, FAR 2.47, Annual R. E. taxes are $17,295. Store and 2nd floor currently vacant, others can be delivered vacant as well. Projected Annual Rent Roll = $150,000. Actual Annual Expenses = $30,000. Projected NOI = $120,000. 5+% CAP
Super prime, heavy foot traffic location near everything and across the street from the subway! Come take a look for yourself.
  1. Listed by Danny D. Chung • Pride Estates

Amenities

  • Walk Up
  • Voice Intercom
  • Basement
  • Private Outdoor Space
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/11/2024 01:02 PM

Property Details for 943 4th Avenue

StatusActive
MLS ID481562
Days on Market232
Taxes$17,295 / year
Maintenance-
Min. Down Pymt-
Total Rooms20.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1931
Lot Size1,620 SF / 20' x 81'
CountyKings County

Building

943 4th Ave

4 Units4 StoriesBuilt in 1931

Building Information for 943 4th Avenue

Stories4Residences4Year Built1931Lot Size1,620 SF / 20' x 81'Building Age-Building Type-

Property Information for 943 4th Avenue

Summary
Location and General Information
  • Block: 697
  • Number Of Stories: 1
  • Cross Street Name: 36th Street
  • Cross Street Name: 37th Street
  • Zoning: R7A
  • Roof: Flat
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 17295.0
  • Gross Expense: 29995.0
Property
Lot Information
  • Sq Ft Total: 4000
  • Yard: Back
  • Lot Number: 9
  • Lot Size Irregular YN: No
  • Lot Size Length: 81
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Water
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Utility Expense: 800.0
  • Fuel Expense: 3300.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full, Separate Entrance
  • Commercial Features Interior: Other
  • Foundation Details: Block
  • Flooring: Carpeting, Hardwood, Other
  • Unit Count: 4
  • Lavatories: Other
  • Construction Materials: Brick
  • Electric: 110 V
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1000.0
  • Building Length: 50.0
  • Building Type: Attached
  • Building Width: 20.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Features: Heat Included, Water Included
  • Unit Floor: 1
  • Unit Occupant: Vacant
  • Unit Projected Rent: 5000.0
  • Unit Status: Vacant
  • Unit Unit Type: Office
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 3
  • Unit Category: Apt
  • Unit Features: Heat Included,Water Included
  • Unit Floor: 2
  • Unit Occupant: Vacant
  • Unit Projected Rent: 2500.0
  • Unit Rooms Total: 6
  • Unit Status: Vacant
  • Unit Unit Type: 3 Bedrooms
Unit 3
  • 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 Current Rent: 1000.0
  • Unit Features: Heat Included,Water Included
  • Unit Floor: 3
  • Unit Occupant: Can be delivered Vacant.
  • Unit Projected Rent: 2500.00
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
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 Current Rent: 1500.0
  • Unit Features: Heat Included,Water Included
  • Unit Floor: 4
  • Unit Occupant: Can be delivered Vacant
  • Unit Projected Rent: 2500.00
  • Unit Rooms Total: true
  • Unit Status: Month-to-Month
  • Unit Unit Type: 3 Bedrooms
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 5200.0
  • Owner Occupied: No

Property History for 943 4th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

Public Records for 943 4th Avenue

Taxable ValueLand$141,750Additions$262,350Total$404,100
Home Facts
Total Finished SqFt4,000 SqFtLot Size1,620 SqFtYear Built1931ZoningR7AAPN3006970009

Schools near 943 4th 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
P.S. 24
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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943 4th Avenue is a mixed use property for sale in Greenwood Heights. This property was listed for sale on May 2, 2024 by Pride Estates, it's currently listed at $2,295,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 24, Is 136 Charles O Dewey and Sunset Park High School. 943 4th Avenue is a 9-bed, 4.5-bath, 4,000 sqft mixed use property built in 1931.

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Listing Courtesy of Pride Estates

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.