5501 4th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $15,007/month
Highlights
- 4,017 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
Exceptional development opportunity in the heart of Sunset Park! Zoned R7A with approved plans for a mixed-use building consisting of 4 residential units and 1 commercial store. Ideal for developers, investors, or users seeking strong income potential in a high-demand location. Situated on a busy avenue with excellent visibility and foot traffic, close to shopping, restaurants, schools, and public transportation, including the N and R subway lines. A rare opportunity to build a valuable mixed-use property in one of Brooklyn's most vibrant neighborhoods. Buyers should verify all information and development possibilities with their architect and attorney.
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,569
Year Built
- Built in 1899
Lot Details
- 4,017 Sq Ft Lot
- Lot Dimensions are 100 x 40
- Back Yard
- Property is zoned R7A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Poured Concrete
Interior Spaces
- 6,300 Sq Ft Home
- 3-Story Property
- Finished Basement
- Basement Fills Entire Space Under The House
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Community Details
- Insurance Expense $5,000
- Gross Income $150,000
Listing and Financial Details
- Tax Block 831
Map
Home Values in the Area
Average Home Value in this Area
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/03/2026 06/03/26 | For Sale | $2,600,000 | +25.7% | $413 / Sq Ft | |
| 06/17/2023 06/17/23 | Sold | $2,067,777 | -22.0% | $387 / Sq Ft | View Prior Sale |
| 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®
MLS Number: 501966
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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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Ask me questions while you tour the home.