USANYBrooklyn5001 4Th Ave
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New
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$3,990,000

For Sale

A day ago

5001 4Th Ave, Brooklyn, NY

House

MLS® 1012759

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $24,000
Days Active 1
Lot Size 
Approx. Age 1931
MLS® Number 1012759

Property Address: 5001 4th Ave, Brooklyn, NY, 11220-1813

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number1012759
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1931
BasementUnfinished
DrivewayNone
Garage Spaces
HeatNatural Gas
A/CWall/Window Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 15, 2026List Date
$3,990,000List Price
-End Date
Not Sold YetSold Price

For Rent

Apr 17, 2026List Date
$2,000List Price
  • Commute

Commute

Starting Address
Destination Address
5001 4Th Ave, Brooklyn, NY

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