$2,280,000

Estimated payment $12,972/month

Total Views 688
-- Bed
-- Bath
3,960 Sq Ft
$576 Price per Sq Ft

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • 1-minute walk to 53 Street

About This Home

This attached, 3-story brick building offers a prime opportunity to own in the thriving Sunset Park neighborhood. Zoned R7A, C2-4 with a generous buildable square footage of 7,268, this property is ideal for potential development or expansion. It features 2 residential units and 1 retail store. The building spans 18x100 feet for the commercial unit and 18x60 feet for the residential portion, sitting on a full lot. The ground floor is a retail store, currently operating as a business, paying. The store also covers the entire building’s water fees and property taxes. The basement offers storage space currently being used for the store. On the second floor, there is a spacious 4-bedroom, 1-bathroom unit, while the third floor features a 3-bedroom, 1-bathroom apartment. All units have separate heating systems and hot water, and the tenants are responsible for all utilities. Total annual income of $162,960. The owner’s only expense is $6,000 per year for insurance, making it a low-maintenance investment for the owner. Located in the busy 4th Avenue business district, the property benefits from significant foot traffic, making it ideal for commercial use. Residents and businesses will enjoy easy access to nearby amenities, including restaurants, shopping, banks, and more. Just minutes from the subway station, with access to the R train and B63 bus, this location offers unbeatable convenience for both businesses and residents.

Listing Agent

Kelly Wu

RE/MAX Edge License #10401268467 Listed on: 07/03/2025

RE/MAX Edge

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $6,585

Year Built

  • Built in 1931

Lot Details

  • 1,817 Sq Ft Lot
  • Lot Dimensions are 100 x 18
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 3,960 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Concrete
  • Tile

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 806

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $6,000
  • Gross Income $162,960

Property Details

Property Type

Other

Est. Annual Taxes

$6,585

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Footprint Sq Ft: 1080
  • Building Length: 60.00
  • Building Width: 18.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 52nd St
  • Cross Street Name2: 53rd St
  • Heat Delivery: Hot Water
  • Number Of Families: 2
  • Parking Feature Single: None
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 3960
  • Building Stories: 3
  • Street Name I D X: 4th
  • Street Number I D X: 5222
  • Year Built: 1931
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Concrete, Hardwood, Tile, Other
  • Lot Sq Ft: 1817

Exterior Features

  • Yard: None
  • Exterior Building Type: Attached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 46
  • Roof: Flat

Utilities

  • Electric: 110 V, 220 V
  • Heating Fuel: Gas
  • Hot Water: Gas

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 18
  • Zoning: R7A

Rental Info

  • Rent Income: 13580

Multi Family

  • Annual Gross Expense: 162960.00
  • Annual Gross Income: 162960
  • Insurance Expense: 6000.00
  • Unit Count: 3

Tax Info

  • Flip Tax Amount: 6585.00

Map

Range of Values:

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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 $6,585 $78,180 $11,760 $66,420
2024 $6,585 $73,980 $11,760 $62,220
2023 $6,282 $78,900 $11,760 $67,140
2022 $6,212 $79,800 $11,760 $68,040
2021 $6,402 $72,240 $11,760 $60,480
2020 $6,402 $65,940 $11,760 $54,180
2019 $5,715 $57,360 $11,760 $45,600
2018 $5,254 $25,776 $6,339 $19,437
2017 $5,196 $25,488 $6,724 $18,764
2016 $5,095 $25,488 $8,070 $17,418
2015 $2,680 $24,134 $9,167 $14,967
2014 $2,680 $22,768 $10,378 $12,390
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $2,280,000 -- $576 / Sq Ft
Source: Brooklyn Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $500,000 Commercial
Previous Owner $100,000 Commercial
Source: Public Records

Source: Brooklyn Board of REALTORS®

MLS Number: 493932

Brooklyn Board of REALTORS®

APN: 00806-0046