NOT LISTED FOR SALE

5501 4th Ave Brooklyn, NY 11220

Sunset Park Neighborhood
-- Bed
-- Bath
5,340 Sq Ft
4,000 Sq Ft Lot

Last Sold June 17, 2023

Last sale price $2,067,777 $387 Per Sq Ft

Highlights

  • 4,000 Sq Ft lot
  • 2-minute walk to 53 Street
  • Back Yard
  • IS 220 John J. Pershing Rated A-
  • Hot Water Heating System

About This Home

As of June 2023

Great news, Dear Investor/Builder/Developer! C2-4/R7A zoning. Prime SUNSET PARK CORNER building. Delivered Vacant. Lot size 40 feet by 100 feet plus another 20 feet by 60 feet on the back. See survey. Total lot size 5,200 sqft. Total buildable 20,800 sqft. Prospective purchaser can build Condos, Mixed Use, Commercial Space, Multifamily, Residential building, Community Facility, etc.(Please verify with an architect).Existing building is a well kept Mini Mansion with all the original details. Private drive way with one car garage. Ground floor office is VACANT. Existing Church building(412 55th St) will be delivered vacant(no lease).Very desirable area, few blocks from N and R train to City. A MUST SEE!!! Being sold as a package deal with 5503 4th Avenue.

Last Agent to Sell the Property

MingQin Sun (Phoebe)

E House Realty & Mgt. Inc Listed on: 07/13/2022

Last Buyer's Agent

MingQin Sun (Phoebe)

E House Realty & Mgt. Inc Listed on: 07/13/2022

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,925

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 100 x 40
  • Back Yard
  • Property is zoned R7A

Home Design

  • Mixed Use
  • Brick Exterior Construction

Interior Spaces

  • 5,340 Sq Ft Home
  • 3-Story Property
  • Finished Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 831

Property Details

Property Type

Other

Est. Annual Taxes

$10,925

Lot Details

0

Listing Details

  • Basement Amenities: Finished, Full
  • Borough: Brooklyn
  • Building Length: 59.00
  • Building Width: 20.00
  • Commercial Condo Y N: No
  • Commercial Features Exterior: None
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: 56st and 4ave
  • Handicap Access Y N U: No
  • Heat Delivery: Hot Water
  • Number Of Families: 1
  • Parking Attributes: Other
  • Parking Feature Single: Other
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 5340
  • Building Stories: 3
  • Street Name I D X: 4th
  • Waterfront Present: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: None
  • Lot Sq Ft: 4000

Exterior Features

  • Yard: Back
  • Exterior Building Type: Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Other
  • Lot Number: 8
  • Roof: Other

Utilities

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

Lot Info

  • Lot Size Irregular: No
  • Lot Size Length: 100
  • Lot Size Width: 40
  • Zoning: R7A

Tax Info

  • Flip Tax Amount: 10925.00

Multi Family

  • Unit Count: 1

Range of Values:

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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2023 06/17/23 Sold $2,067,777 -22.0% $387 / Sq Ft
04/04/2023 04/04/23 Price Changed $2,650,000 -11.1% $496 / Sq Ft
01/03/2023 01/03/23 Price Changed $2,980,000 -3.9% $558 / Sq Ft
10/12/2022 10/12/22 Price Changed $3,100,000 -16.2% $581 / Sq Ft
07/13/2022 07/13/22 For Sale $3,700,000 -- $693 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
Source: Brooklyn Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    MingQin Sun (Phoebe)

    E House Realty & Mgt. Inc

    (917) 821-1966

    20 in this area

    103 Total Sales

    MingQin Sun (Phoebe)
    Section Image
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Map

Source: Brooklyn Board of REALTORS®

MLS Number: 464188

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11220 Sunset Park

5501 4th Ave, Brooklyn, NY

Not Listed for Sale

Other

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