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5411 4th Avenue, Brooklyn, NY 11220

For Sale

$1,388,000

18 beds • 6 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

Explore this Property

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.
MLS# 488822

Courtesy Of Womcore LLC dba Remax Edge

(718) 612-3088

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.05 Acres

Map and Directions

Directions to 5411 4th Avenue, Brooklyn, NY 11220

Home seller CENTURY 21 Realty First

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty First

(718) 758-5838
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.