5001 4th AVE, Brooklyn, NY 11220
5001 4th AVE, Brooklyn, NY 11220
5001 4th AVE, Brooklyn, NY 11220
5001 4th AVE, Brooklyn, NY 11220
5001 4th AVE, Brooklyn, NY 11220
5001 4th AVE, Brooklyn, NY 11220
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Est. payment | /mo
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Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 498940

Annual Tax Amount $24,089

Property Sub-Type Mixed Use

Property Description

Prime Corner Mixed-Use Investment Opportunity
5001 4th Ave, Brooklyn, NY
Property Details
• 6 Residential Units 3(3beds and 1 bath) And 2 (2beds and 1 bath) High Demand Layout)
• 2 Commercial Storefronts
• 4 Stories + Basement
• Brick Construction• Prime Corner Exposure
Income Overview; Residential (6 Units)
Total Monthly Residential Income: $14,100
Commercial
Restaurant: $5,071 Tax Office: $1,920
Total Commercial Income: $10,000
Total Gross Income:$24,100 / month $289,200 / year
Annual Expenses
• Property Tax: $24,089 Insurance: $12,000 Gas: $12,000 Electric: $1,800 Water: $7,500
Total Annual Expenses: $57,389
Net Operating Income (NOI )$231,811 Cap Rate: 5.41%

Location

State NY

County Kings (brooklyn)

Area Sunset Park

Rooms

Basement Unfinished

Interior

Interior Features None

Hot Water Hot Water Coil in Boiler

Heating Gas

Flooring Hardwood

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Foundation Block

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

Listed by E House Realty & Mgt. Inc.

Nearby Locations

Thomas D’Alcamo

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 544-9091

thomasdalcamo@gmail.com

7610 13th Ave, Brooklyn, New York, 11228, USA

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5001 4th AVE