We use technical and analytics cookies to ensure that we give you the best experience to our website
+1 646-431-8072
Back

Multi Family -

526 4TH, BROOKLYN, NY 11215

Asking Price$5,900,000

Search the same
Share by:
  • Living 8456sqft
  • Lot size 3069sqft
  • Taxes $15,220
  • Year Built 1931
  • Days on market:

    257 day(s)
  • Price per sqft:

    $697.73
  • Property Type:

    Multi Family
  • Total Families:

    7
  • Loading docks:

    Drive-In
  • Borough:

    Brooklyn
  • Crossing Street:

    14th street
  • Ceiling Height:

    8-10 Foot
  • Electric Service:

    Circuit Breakers
  • Construction Type:

    Brick
  • Yard:

    None
  • Roof:

    Flat
  • Foundation:

    Poured Concrete
  • Heat Delivery:

    Hot Air
  • Loading docks:

    Drive-In
  • Basement Amenities:

    FullSeparate Entrance

Description

$5,900,000 • living size area 8456 sqft

Perfect for a builder! this is a corner mix-use, 7 family with 2 stores plus a 2+ car garage located on prime 4th avenue in park slope. 7 apartment units and garage are delivered vacant; 2 stores are still occupied with short term leases. with the rezoning on 4th avenue and air rights combined, a builder can build upwards of 12-17+ stories. approximately 50k+ buildable square feet including affordable housing. the basement is full and each unit has it's own hot water heater. featuring 12 bedrooms & 9 baths! apartments can be rented as is, renovated to the new owner's specs, or broken down to build a brand new beautiful work of art. this is a prime brick corner property that won't last long so bring only serious buyers with their pof for showings. annual projected roi is just around $350k with lots of upside potential yearly with a cap rate of 5.1%. this building has 2 addresses: 526-528 4th ave and 181 14th street. please note, the above information is approximate figures and are subject to change!

Similar Properties in this Area

* MLS is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the MLS and is provided here for consumers` personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MLS All rights reserved. Courtesy of One Sotheby's International Realty