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Commercial > Mixed Use
Active
1 week ago
List Price
$7,400,000$1,526/ft²

5124 4th Ave
Brooklyn, NY 11220

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    • -
      Bed
    • -
      Bath
    • 4,850
      ft²
      Living Area
    • 7,500
      ft²
      Lot Size
    • -
      Pool
    • 6
      Car
    • 1931
      Year Built
    • 6
      DOM
    • -
      Permit
    5124 4th Ave, Brooklyn, NY 11220 is a 4,850 ft² commercial mixed use property property built in 1931 on a 0.172 acre lot. This commercial mixed use property is currently for sale for $7,400,000, and it was last sold in 1996 for $135,000.

      MLS Description

      The listing agent's description. Original Listing

      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.

      Listing Agents

      The listing agent for 5124 4th Ave is Alan S. Ng.

        AS

        Alan S. Ng

        RE/MAX Real Estate Professiona

        Phone: (718) 532-2000

      Current Ownership

      Information about the current owner(s).

      • Taxes Billed

        Taxes billed in 2023$18,678.61
        From latest Total Assessed Value12.35%
        Total Assessed Value$151,200
        =
        Land
        Assessed Value        $132,300
        +
        Additions
        Assessed Value        $18,900

        • In 2023, taxes billed for 5124 4th Ave were $18,678.61, which is 12.35% from latest Total Assessed Value of $151,200.

      Property History

      5124 4th Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

      Property Events

      Environment

      Environmental factors around 5124 4th Ave

      • Hazard Risks

        Wind
        223
        Carb Mono
        125
        Hurricane
        117
        Ozone
        109
        Earthquake
        108
        Air Pollution
        107
        Nat'l Avg
        100
        Particulates
        86
        Weather
        85
        Lead
        79
        Hail
        57
        Tornado
        36

        • 12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 5124 4th Ave.

        Walkability Index

        15 /20

        Very Walkable

        Most Walkable

        20-18

        Very Walkable

        17-15

        Somewhat Walkable

        14-10

        Car Dependent

        9-0

        5124 4th Ave has a walkability score of 15 out of 20, which means that it is in a very walkable area.

        Temperature

        Seasonal temperature sampled over multiple years

        Winter
        Average

        34 °F

        Low

        27°F

        High

        41°F

        Summer
        Average

        74 °F

        Low

        65°F

        High

        82°F

        In the winter at 5124 4th Ave, temperatures range from 27.18°F to 40.85°F with an average of 34.02°F. In the summer, the temperature ranges from 65.28°F to 82°F with and average of 73.64°F.

      School Information

      Public/private schools serving 5124 4th Ave

        Public Schools

        P.S. 1 Bergen School
        Grades: PK-5
        0.25  mi
        D+
        * The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.

        Nearby public schools serving 5124 4th Ave have ratings undefined.

      Neighborhood

      This property is located in Sunset Park, Brooklyn, NY 11220.

      • Region

        • Boundary map of Sunset Park.

        Crime Index for 11220

        94

        Below national average
        94

        The crime index in 11220 is 94, which is 0.9 times lower than national average.

      • Seasonal Housing units 11220

        9%

        of housing is for seasonal rent.

        Daytime Population for 11220

        -14%

        of people during work hours.

      Market Trends

      Historical market data near 5124 4th Ave over selected time period.

      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.

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