$4,050,000
$230K PRICE DROP

5001 4th Ave Brooklyn, NY 11220

Sunset Park Neighborhood

Estimated payment $22,850/month

Total Views 278
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Wood Flooring
  • Ceiling height of 10 feet or more
  • 3-minute walk to 53 Street

About This Home

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%

Listing Agent

Lan Chen

E House Realty & Mgt. Inc. Listed on: 02/11/2026

Co-Listing Agent

Yuling Chen

E House Realty & Mgt. Inc.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $24,089

Lot Details

  • 2,000 Sq Ft Lot
  • Lot Dimensions are 100 x 20

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation
  • Block Wall

Interior Spaces

  • Ceiling height of 10 feet or more
  • Wood Flooring
  • Unfinished Basement

Utilities

  • Heating System Uses Gas
  • 110 Volts

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $12,000
  • Insurance Expense $12,000
  • Utility Expense $1,800
  • Gross Income $300,576
  • Net Operating Income $238,387

Property Details

Property Type

Other

Est. Annual Taxes

$24,089

Lot Details

2,000 Sq Ft Lot

Listing Details

  • Basement Amenities: Unfinished
  • Borough: Brooklyn
  • Co List Office Mls Id: 117390
  • Co List Office Phone: (718) 680-2776
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Doors - 10 ft and under
  • Commercial Features Interior: None
  • Confirmed By M L S Y N: Yes
  • Cross Street: 5TH AVE
  • Heat Delivery: Hot Air
  • Number Of Families: 6
  • Parking Attributes: None
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Street Name I D X: 4th
  • Special Features: None

Interior Features

  • Ceiling: 11-15 Foot
  • Flooring: Hardwood
  • Lot Sq Ft: 2000
  • Walls: Block

Exterior Features

  • Yard: None
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Block
  • Roof: Flat

Utilities

  • Electric: 110 V
  • Heating Fuel: Gas
  • Hot Water: Hot Water Coil in Boiler

Fee Information

  • Annual Fuel Expense: 12000.00

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 20

Multi Family

  • Annual Gross Expense: 62189.00
  • Annual Gross Income: 300576
  • Insurance Expense: 12000.00
  • Property Net Operating Income: 238387.00
  • Unit Count: 8
  • Annual Utility Expenses: 1800.00

Tax Info

  • Flip Tax Amount: 24089.00

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,331 $503,550 $13,500 $490,050
2024 $24,331 $629,550 $13,500 $616,050
2023 $22,861 $584,100 $13,500 $570,600
2022 $21,363 $592,200 $13,500 $578,700
2021 $19,833 $545,850 $13,500 $532,350
2020 $9,028 $598,950 $13,500 $585,450
2019 $18,880 $608,760 $13,500 $595,260
2018 $18,233 $143,353 $2,543 $140,810
2017 $17,083 $134,313 $2,525 $131,788
2016 $16,033 $124,367 $2,578 $121,789
2015 $10,409 $115,156 $2,586 $112,570
2014 $10,409 $115,156 $3,104 $112,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2026 02/12/26 Price Changed $4,050,000 -5.4% --
02/11/2026 02/11/26 For Sale $4,280,000 -- --
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $3,718,000 --
Deed -- --
Deed $2,600,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $333,086 Purchase Money Mortgage
Closed $333,086 Purchase Money Mortgage
Previous Owner $818,432 Commercial
Previous Owner $164,882 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 498940

Brooklyn Board of REALTORS®

APN: 00791-0010

New York Kings County Brooklyn 11220 Sunset Park

5001 4th Ave, Brooklyn, NY

For Sale

Other

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Brooklyn Board of REALTORS® The property information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the participating Brokers.

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Listing Agent
Lan Chen
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E House Realty & Mgt. Inc.
(347) 735-5843
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