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About This Home
This 18-bedroom, 6-bathroom residential multi family at 5411 4th Avenue in Brooklyn, NY is listed for $1,299,999 ($800 per sqft). the home offers 1,625 sqft of living space on a 0.05 acres lot.
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.
Key Features
- 0.05 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,953/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5411 4th Avenue
Brooklyn, NY 11220
Questions & Answers
This 18-bedroom, 6-bathroom residential multi family at 5411 4th Avenue is listed at $1,299,999 ($800/sqft). The estimated monthly payment is $5,633 based on 20% down at 6.5% interest.
Key features include: 0.05 acre lot.
This property is listed by ZaiYou (Joe) Zhu and can be reached at (718) 612-3088 or joe@remaxedgeny.com.



