• Asking Price $7,400,000

  • 5124 4TH AVE BROOKLYN, NY 11220

  • 4,850 SqFt
  • Commercial / Resale (MLS)
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Property Details for 5124 4TH AVE, BROOKLYN, NY 11220

Features

  • Price/sqft: $1,525
  • Lot Size: 2517 sq. ft.
  • Total Units: 4
  • Stories: 3
  • Heating: Radiator,Steam

Facts

  • Year Built: 01/01/1931
  • Property ID: 866886043
  • MLS Number: 484359
  • Parcel Number: 00798-0043
  • Property Type: Commercial
  • County: Kings (Brooklyn)
  • Zoning: R7A
  • Listing Status: Active

Pre-Foreclosure Info

  • Date Defaulted Lien: 09/23/2024
  • Amount Defaulted: $5,739,223
  • Recording Date: 09/23/2024
  • Recording Year: 2024

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime Sunset Park 4th Avenue Mixed-use Building & Lot w/ Potential for Development! Block: 798 Lots: 41 & 43 Lot Size: 75.25' 100' = 7, 525 Sq. Ft. Zoning: R-7A/ with C2-4 commercial overlay Max Residential FAR: 4.0 Max Commercial FAR: 2.0 This development opportunity is located in a super convenient location in Sunset Park, minutes away from 53rd Street subway station (N and R service), and within minutes to both 4th and 5th Avenue retail/shopping district, 8th Avenue (Sunset Park) retail/shopping district, restaurant rows, parks and playgrounds, and great schools in the area. The property is currently a three-story mixed-use building and a single story, multi-unit building. The R-7A residential zoning with 3.45 floor to area ratio allows for multiple unit residential building. The additional C2-4 overlay allows for mixed-use option with commercial and community facilities or a full commercial building. The location is also in close proximity to Industry city, Japan Village, Sunset Park, Brooklyn Army Terminal, Ferry Service at the Brooklyn Army Terminal, and easy access to major highways north, west and east. Please call for additional information.

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Property Brokerage: RE/MAX Real Estate Professiona 6423 11th Avenue Brooklyn NY 11219
Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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