5001 4th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $23,182/month
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%
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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $24,327 | $603,000 | $13,500 | $589,500 |
| 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 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Rent | $2,000 | 0.0% | -- |
| 04/10/2026 04/10/26 | Price Changed | $3,990,000 | -1.5% | -- |
| 02/12/2026 02/12/26 | Price Changed | $4,050,000 | -5.4% | -- |
| 02/11/2026 02/11/26 | For Sale | $4,280,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,718,000 | -- | |
| Deed | -- | -- | |
| Deed | $2,600,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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: Brooklyn Board of REALTORS®
MLS Number: 498940
APN: 00791-0010
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Ask me questions while you tour the home.