943 4th Avenue Brooklyn, NY $ 2,295,000
943 4th Avenue
$ 2,295,000
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943 4th Avenue

Brooklyn, NY, 11232
$ 2,295,000
Bedrooms-- Baths-- Sq 4,000

Monthly Estimate*

$ 14,318

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Commercial Property for sale in Brooklyn, NY

for $2,295,000. This 4,000 square foot building was built in 1931 on a lot size of 0.03719.

Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom. The 1st floor commercial space has access to the finished basement giving it flexibility. R7A / C2-4 Zoning, FAR 2.47, Annual R.E. taxes are $20,169. Store and 2nd floor currently vacant. Projected Annual Rent Roll = $150,000. Actual Annual Expenses = $32,869.52. Projected NOI = $117,131. *** 5% CAP *** Super prime, heavy foot traffic location near everything and across the street from the subway! Come take a look for yourself.

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Commercial Active

Price

$ 2,295,000

Property Type

Commercial

Taxes

$ 20,169

Style

Mixed Use

Lot Size

0.03719

Year Built

1931

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

481562

Features
Interior
Heating Fuel Gas
Flooring Carpeting Hardwood Other
Hot Water Gas
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General
Roof Flat
Zoning R7A
Electric 110 V
Stories Count 4
Property Type Mixed Use
Block 697
Yearly Taxes 20169.52
Transaction Type Sale
Financing 1031 Exchange Bank Mortgage Cash
Building Type Attached
Status Active
Construction Materials Brick
Cumulative Days on Market 599
MLS Area Sunset Park
Sub Type Mixed Use
Year Built 1931
City Brooklyn
DOM 599
# Families 3
Public Remarks Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4 000 Square Feet building consists of 3 residenti
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Exterior
Exterior Brick
Foundation Block
Parking Attrib None
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Internal Only
Originating MLS Brooklyn New York MLS
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* Excluded Features
List By
Pride Estates

Broker

(646) 379-7176

Phone

Affordability Calculator

$15,999
Per Month
89%
11%
0%
Monthly Principal & Interest
$14,318
Monthly Property Taxes
$1,681
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1337269 Elementary School
1337270 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$2,295,000 Listed Price

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943 4th Avenue, Brooklyn, NY, 11232 is a Commercial Property for sale at $2,295,000 with 4,000 sqft and a lot size of 0.03719. 943 4th Avenue was built in 1931. The property's zip code is 11232 which is in Brooklyn, NY