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4002 5th Ave, Brooklyn, NY, 11232

4beds
4baths
4,972sqft
$2,600,000
$523price/sqft
$16,750/moest. monthly cost
$670,000/yrincome needed

About This Home

Mixed-Use Corner Building For Sale with Large Vacant Retail Space The Brennan Team of Marcus & Millichap is pleased to exclusively present for sale 4002 5th Avenue, a three-story mixed-use building comprised of 4 large one-bedroom apartments and 2 commercial units. The property is located on the corner of 5th Avenue between 40th Street and 41st Street in the Sunset Park neighborhood of Brooklyn. The subject property was built in 1931 and measures 22 feet wide by 92 feet deep on the ground floor, and 22 feet wide by 67 feet on the 2nd and 3rd floors. The lot extends 95 feet deep and is zoned R6A, C2-4. The subject property is located 5 blocks from the 36 Street [ D, N, R] Train Station, providing easy access to Manhattan and the rest of Brooklyn. 4002 5th Avenue presents the unique opportunity to purchase a corner mixed-use building with a large vacant retail space, situated on the neighborhood’s premier retail corridor. All 4 free-market apartments offer future upside, with residential rental rates at approximately $35-$40/SF. INVESTMENT HIGHLIGHTS • Sunset Park | 5th Avenue Corner Mixed-Use Building • Two Commercial and Four Residential Units | Large Corner Commercial Space Vacant • Free-Market Building with No Rent-Stabilization • 22 Feet Wide by 92 Feet Deep on Ground Floor • Brand New Roof May 2025 | Brand New Boiler Early 2025 (Oil Heat) • Close to the “R” Train at 45th Street • Across the Street from Sunset Park

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
71
BikeVery Bikeable

Schools

4/10
Ps 24Grades PK-50.1 mi
4/10
Is 136 Charles O DeweyGrades 6-80.2 mi
5/10
Sunset Park High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Building

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Interior Area

  • Total structure area: 4,972
  • Total interior livable area: 4,972 sqft

Property

Details

  • Parcel number: 007140039
  • Special condition: Resale