5222 4th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $13,077/month
About This Home
Prime Sunset Park location! Excellent mixed-use investment property featuring 1 commercial store + 2 residential units, offering strong income and exceptional investment potential. Currently generating $13,825/month in gross rental income, with a 7%+ return based on the current asking price and stated operating expense structure. The 1st-floor commercial space is currently leased at $8,100/month through April 2027, with the option to renew or occupy for your own business. The 2nd-floor unit rents for $2,800/month and the 3rd-floor unit for $2,925/month; both are currently delivered without leases, providing flexibility for investors or owner-users. Tenants are responsible for all operating expenses, including heat, hot water, real estate taxes and water charges. The heating and hot-water systems are separated, making management and expense control easier. The property is zoned R7A/C2-4, offering attractive potential for future expansion and additional development. Located on busy 4th Avenue with excellent visibility and heavy pedestrian and vehicular traffic. The R subway station is just minutes away, with multiple bus routes nearby. Surrounded by shops, banks, schools, restaurants and a wide variety of services, this high-density, vibrant Sunset Park community continues to benefit from ongoing development and population growth. A rare opportunity combining strong current income, low owner expenses, flexible occupancy options and future development potential. Motivated seller welcomes serious offers. Don’t miss this excellent Sunset Park investment opportunity!
Listing Agent
RE/MAX Real Estate Professionals License #10401308280 Listed on: 08/18/2026
Property Details
Property Type
- Other
Est. Annual Taxes
- $7,283
Year Built
- Built in 1931
Lot Details
- 1,817 Sq Ft Lot
- Lot Dimensions are 18.17 x 100
- Property is zoned R7A - C2-4
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 3,960 Sq Ft Home
- 3-Story Property
- Basement Fills Entire Space Under The House
Utilities
- Baseboard Heating
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 806
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $8,800
- Gross Income $165,900
- Net Operating Income $157,100
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 | $6,980 | $74,640 | $11,760 | $62,880 |
| 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 |
| 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 |
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 |
|---|---|---|---|---|
| 08/18/2026 08/18/26 | For Sale | $2,260,000 | -- | $571 / Sq Ft |
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 | -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $500,000 | Commercial | |
| Previous Owner | $100,000 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 503790
APN: 00806-0046
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Ask me questions while you tour the home.