4812 3rd Avenue
4812 3rd Avenue
Sold 3/3/22
Sold 3/3/22
Description
This brick two-family over a store currently measures 18.75'X55' over three stories for a total of 3,094 SF plus a full basement. It is zoned M1-2D (allowing residential use) and has previously approved plans to extend the first floor to the back of the 100' lot for use as a performing arts studio with a parking space, as well as a bulkhead addition on the roof to allow residents to enjoy...Come and be part of the booming Sunset Park real estate market with this investor's delight at 4812 3rd Avenue!
This brick two-family over a store currently measures 18.75'X55' over three stories for a total of 3,094 SF plus a full basement. It is zoned M1-2D (allowing residential use) and has previously approved plans to extend the first floor to the back of the 100' lot for use as a performing arts studio with a parking space, as well as a bulkhead addition on the roof to allow residents to enjoy the incredible views of downtown Manhattan and the Statue of Liberty. The approved plans can be provided upon request and result in a net above-grade square footage of 3,731 SF and 4,774 SF including the basement.
There are numerous possibilities here ranging from residential renovation with parking for an end-user, to an investor completing the first floor expansion and leasing it for solid rate of return (in an Opportunity Zone), to a developer building commercial, residential, or even utilizing the 4.8 community facility FAR (up to 9,000 BSF).
Feel free to reach out with any questions. Co-brokers encouraged at 2.5%.
Listing Agents
![Nathan Horne]()
nathan.horne@compass.comP: 706.255.5657
![Ehab Elshinawy]()
ehab.elshinawy@compass.comP: 347.213.5968
Amenities
- City Views
- Open Views
- Private Terrace
- Private Yard
- Private Roof Deck
- Washer / Dryer
- Private Outdoor Space
- Private Parking
Location
Property Details for 4812 3rd Avenue
| Status | Sold |
|---|---|
| Days on Market | 194 |
| Taxes | $418 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 15.0 |
| Compass Type | Townhouse |
| MLS Type | Mixed Use |
| Year Built | 1931 |
| Lot Size | 1,875 SF / 19' x 100' |
| County | Kings County |
Building
4812 3rd Ave
Location
Building Information for 4812 3rd Avenue
Payment Calculator
$7,158 per month
30 year fixed, 7.25% Interest
$6,740
$418
$0
Property History for 4812 3rd Avenue
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4812 3rd Avenue
Schools near 4812 3rd Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 6 to 8 |
Rating | School | Distance |
|---|---|---|
P.S. 1 The Bergen PublicPK to 5 | ||
Sunset Park Prep Public6 to 8 | ||
Sunset Park High School Public9 to 12 | ||
Is 136 Charles O Dewey Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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