5018 4th Ave - Warehouse FOR SALE


Brooklyn, NY 11220- Sunset Park
$7,250,000 USD
516-650-1123
5018 4th Ave, Brooklyn, NY for Sale
$7,250,000 USD
Warehouse - FOR SALE
1/7
null | Request Cap Rate

5018 4th Ave
Brooklyn, NY 11220
Sunset Park


HIGHLIGHTS

  • Four-Story 19,600 SF Corner Loft Building + 1,500 SF Yard Prime for Conversion to Residential Un
  • Prime for Conversion to Retail and Residential
  • Delivered Vacant

OVERVIEW

Four-Story 19,600 SF Corner Loft Building + 1,500 SF Yard for Sale in the Sunset Park Neighborhood of Brooklyn. Prime for Conversion to Residential Units, Retail, Office or School. Delivered Vacant. Zoned Commercial and Residential (FAR 4.0 - Residential, FAR 5.01 - Inclusionary Housing, FAR 2.0 - Commercial, FAR 4.0 - Community Facility). Zoning Permits for a 25,600 SF Building to be Constructed or Keep the Existing Structure in Place and Build an Additional 6,000 SF. The Lot Dimensions of the Property are 80' x 80' with a 60' x 80' (Slightly Irregular) Building Built on It. The Total Building Size is 19,600 SF Broken Down as Follows: 4,900 SF - First Floor, 4,900 SF - Second Floor, 4,900 SF - Third Floor, 4,900 SF - Fourth Floor. Ceiling Heights Range from 13' - 18'. The Building also has 4,900 SF Basement with 8' Ceiling Height. The Property Features One Freight Elevator that Stops on Every Floor Including the Basement, Sprinkler System, Windows on Four Sides on the 3rd and 4th Floors, Windows on Three Sides for 1st & 2nd Floors, One Staircase, One Fire Escape, Gas Heat and Heavy Power. The Building is Located Across the Street from the Newly Constructed Sunset Park Library, Chase Bank, Blink Fitness and Two Blocks from the 53rd St / 4th Avenue "R" Subway Station

FOR SALE DETAILS

PRICE

$7,250,000 USD

PRICE/SF

$370 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Loft Building for Conversion

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15

LAND SF

6,534

ZONING

R7A/C2-4

APN/PARCEL ID

00790-0042

ASK ABOUT THIS PROPERTY

Jacques WadlerKnickerbocker Realty Group LLCMore Info
516-650-1123

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Jacques WadlerKnickerbocker Realty Group LLCMore Info
516-650-1123

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.