5001 4th Avenue, Brooklyn, NY 11220
- 7,400 sqft
Multi-Family Home 
Built in 1931 
—— sqft lot 
—— car garage 
$539/sqft 
Listed 10 days ago
Property Description
MYNY is proud to present an exceptional investment opportunity in the heart of Sunset Park, Brooklyn. This corner mixed-use property occupies a highly visible location at the intersection of 4th Avenue and 50th Street. Conveniently situated near Sunset Park and offering quick access to the Brooklyn-Queens Expressway (I-278), the property benefits from excellent transportation connectivity. A bus stop located directly beside the building further enhances accessibility and contributes to strong pedestrian traffic. This income-producing asset consists of four commercial units and six residential apartments, generating a gross annual rental income of $298,284 and offering an attractive 6.85% return based on a purchase price of $3,900,000. The ground floor is fully occupied by four established commercial tenants, including a restaurant, hair salon, tax office, and clothing store. All residential and commercial tenants are operating under active leases and have demonstrated a strong rent payment history. The residential component consists of six updated apartments, including three 3-bedroom units and three 2-bedroom units, all rented at market rates except the super unit. The 3-bedroom apartments enjoy beautiful water views overlooking the Bay Ridge Channel. Residents and visitors can also enjoy panoramic views from the rooftop, featuring both waterfront scenery and views of the Manhattan skyline. With its prime corner location, stable rental income, strong tenant mix, and outstanding views, this property offers significant long-term value and future upside potential for investors seeking a quality mixed-use asset in one of Brooklyn’s most vibrant neighborhoods.
- Listing Status:
- Active
- Data Last Updated:
- June 25, 2026 at 6:20PM
- Listing Office:
- MYNY Residential : 718-921-3100
- MLS ID:
- 1012759
- Parking: None
- Originating MLS: onekey2
- School District: Brooklyn 15
- County: Kings (Brooklyn)
- Zoning: R7A00791-0010
- Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected
- Water: Public
- Sewer: Public Sewer
- Source: onekey2
This listing courtesy of MYNY Residential
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
