$1,299,999

5411 4th Avenue, Brooklyn, NY 11220

  • 4,551 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon1,999sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $286/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated just minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. Additionally, the zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer significant commercial conversion possibilities, presenting avenues for value addition and diversification. Sunset Park is renowned for its rich cultural tapestry and dynamic community atmosphere. The neighborhood's namesake park provides ample green space and recreational facilities, contributing to a lively atmosphere and strong sense of community. This property not only promises stable income through its current rent-stabilized units but also offers substantial upside potential through strategic enhancements and leveraging its prime location. Seize this rare opportunity to invest in a property that combines immediate financial benefits with promising future prospects in one of Brooklyn's most sought-after neighborhoods.

Listing Status:
Active
Data Last Updated:
August 11, 2026 at 12:23AM
Listing Office:
RE/MAX Edge : 718-288-3835
MLS ID:
1027884
  • Basement: FinishedFull
  • A/C: Wall/Window Unit(s)
  • Heating: Other
  • Parking: None
  • Originating MLS: onekey2
  • School District: Contact Agent
  • County: Kings (Brooklyn)
  • Zoning: R7A00823-0005
  • Utilities: See Remarks
  • Water: Other
  • Sewer: Other
  • Source: onekey2

This listing courtesy of RE/MAX Edge

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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