6005 4th Ave Brooklyn, NY 11220
Sunset Park NeighborhoodEstimated payment $24,351/month
Highlights
- 5,000 Sq Ft lot
- 1-minute walk to 59 Street (N,R Line)
- Heating System Uses Steam
- Junior High School 227 Edward B Shallow Rated A-
- Wood Flooring
- Back Yard
About This Home
Prime Sunset Park Mixed-Use | 19 Units + 2 Retail | AT&T Rooftop Income Institutional-quality opportunity to acquire a fully stabilized mixed-use asset in Sunset Park, one of Brooklyn’s most supply-constrained and consistently high-performing rental corridors. The property consists of 19 residential units, two ground-floor retail stores, and a long-term rooftop lease with AT&T, delivering diversified income streams and durable cash flow. The residential component features a strong unit mix from studios to three-bedroom apartments, supporting consistent demand and long-term occupancy. The building is 100% occupied, with all apartments rent-stabilized and no rent-controlled units, providing predictable in-place income with long-term value preservation. This is a true core Sunset Park asset offering multiple income layers, downside protection, and long-term appreciation potential in a neighborhood with limited new supply and proven rental strength—an ideal acquisition for investors seeking secure cash flow and generational Brooklyn real estate.
Property Details
Property Type
- Other
Est. Annual Taxes
- $50,286
Year Built
- Built in 1931
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 1,000 x 50
- Back Yard
- Property is zoned R7A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 12,871 Sq Ft Home
- Wood Flooring
- Unfinished Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Block 5782
Community Details
Overview
- 19 Units
Building Details
- Fuel Expense $16,088
- Insurance Expense $14,472
- Utility Expense $1,965
- Gross Income $314,847
- Net Operating Income $209,547
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 | $47,813 | $394,200 | $45,450 | $348,750 |
| 2025 | $50,281 | $382,500 | $45,450 | $337,050 |
| 2024 | $50,281 | $405,000 | $45,450 | $359,550 |
| 2023 | $43,996 | $358,650 | $45,450 | $313,200 |
| 2022 | $50,363 | $435,150 | $45,450 | $389,700 |
| 2021 | $49,461 | $435,150 | $45,450 | $389,700 |
| 2020 | $23,078 | $409,950 | $45,450 | $364,500 |
| 2019 | $45,982 | $409,950 | $45,450 | $364,500 |
| 2018 | $45,273 | $400,950 | $45,450 | $355,500 |
| 2017 | $44,003 | $347,850 | $22,950 | $324,900 |
| 2016 | $41,874 | $332,550 | $22,950 | $309,600 |
| 2015 | $24,391 | $331,650 | $22,950 | $308,700 |
| 2014 | $24,391 | $366,750 | $22,950 | $343,800 |
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 |
|---|---|---|---|---|
| 01/20/2026 01/20/26 | For Sale | $3,700,000 | -- | $287 / 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 | -- | -- | |
| 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 | $70,656 | Commercial | |
| Previous Owner | $275,000 | Commercial | |
| Previous Owner | $127,893 | Commercial |
Source: Brooklyn Board of REALTORS®
MLS Number: 498517
APN: 05782-0006
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