$7,400,000
Updated 2 years ago
Off Market

5124 4th Ave

Sunset Park, Brooklyn | 50th Street & 51st Street

4 Baths4,850 Square FeetMixed Use

$7,400,000
floors / apts3 / 2
Lot Size75'3"x100'
ZoneR7A
Building TypeLow-Rise
RE Taxes$40,831
Price Per SF
$1,526

Outdoor space and views

  • Backyard

Property Description for 5124 4th Ave

Prime Sunset Park 4th Avenue Mixed-use Building & Lot w/ Potential for Development! Block: 798 Lots: 41 & 43 Lot Size: 75.25' × 100' = 7,525 Sq. Ft. Zoning: R-7A/ with C2-4 commercial overlay Max Residential FAR: 4.0 Max Commercial FAR: 2.0 This development opportunity is located in a super convenient location in Sunset Park, minutes away from 53rd Street subway station (N and R service), and within minutes to both 4th and 5th Avenue retail/shopping district, 8th Avenue (Sunset Park) retail/shopping district, restaurant rows, parks and playgrounds, and great schools in the area. The property is currently a three-story mixed-use building and a single story, multi-unit building. The R-7A residential zoning with 3.45 floor to area ratio allows for multiple unit residential building. The additional C2-4 overlay allows for mixed-use option with commercial and community facilities or a full commercial building. The location is also in close proximity to Industry city, Japan Village, Sunset Park, Brooklyn Army Terminal, Ferry Service at the Brooklyn Army Terminal, and easy access to major highways north, west and east. Please call for additional information.

Listing History for 5124 4th Ave

Now
10/23/2024
POM by Alan Ng
RE/MAX Real Estate Professionals
07/05/2024
$7,400,000
Initial Price by Alan Ng
RE/MAX Real Estate Professionals

Building Details for 5124 4th Ave

OwnershipMixed Use
Building TypeLow-Rise
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

53 St
0.04 miles
45 St
0.31 miles
59 St
0.36 miles

Citi Bike

53 St & 4 Ave
0.06 miles
53 St & 5 Ave
0.19 miles

Contact Agent

Contact Agent

Alan Ng
RE/MAX Real Estate Professionals
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 67682TH