503 4th Avenue

Park Slope

$2,195,000
Price
3
Beds
2
Baths
2
1/2 Baths
3,750 Sq. Ft.
$585 / Sq. Ft.
3,750
Sq. Ft.
$585
per Sq. Ft.

Description

Prime Park Slope Mixed Use Property. Current set up includes 1 free market apartment, 2 office spaces, and a fully finished basement. No leases in place. Will be delivered vacant. Estimated Cap Rate 5%. The top floor corner apt is a spacious light filled 2 bedroom with a home office or easily convert to a 3 bed. The office spaces have high ceilings and can easily be divided into smaller shared office space. The finished basement features 7.5 ft ceilings and can be used for additional office space...Prime Park Slope Mixed Use Property. Current set up includes 1 free market apartment, 2 office spaces, and a fully finished basement. No leases in place. Will be delivered vacant. Estimated Cap Rate 5%. The top floor corner apt is a spacious light filled 2 bedroom with a home office or easily convert to a 3 bed. The office spaces have high ceilings and can easily be divided into smaller shared office space. The finished basement features 7.5 ft ceilings and can be used for additional office space and ample storage. The property is located a short distance away from the F, G, & R subway lines. It is also near all the desirable retail, restaurants and amenities along 5th Avenue, blocks away from Prospect Park and easy access to the Expressway and Brooklyn Battery Tunnel. Shown by appt only. A great investment opportunity!

Property Details for 503 4th Avenue

View
Other

Location

Listing Courtesy of Corcoran Group
Add your commute
LISTING UPDATED: 02/15/2024 12:35 PM

Property Details for 503 4th Avenue

StatusActive
MLS IDRPLU-33422815088
Days on Market74
Taxes$2,462 / month
Maintenance-
Min. Down Pymt-
Total Rooms12.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1920
Lot Size1,250 SF / 50' x 25'
CountyKings County

Building

503 4th Ave

2 Units3 StoriesBuilt in 1920

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 503 4th Avenue

Stories3Residences2Year Built1920Lot Size1,250 SF / 50' x 25'Building AgePre-warBuilding TypeLowrise

Payment Calculator

$14,441 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,979

Property Taxes

$2,462

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 503 4th Avenue

Summary
Location and General Information
  • Subdivision Name: South Slope
  • Stories Total: 1
  • Garage Spaces: 0.0
  • View: No
Taxes and HOA
  • Tax Lot: 0076
  • Tax Block: 01028
  • Flip Tax: $0
  • Building Tax Lot: 0076
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 1250.0
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 50.00x25.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • Common Interest: None
  • New Construction: No
  • Structure Type: MixedUse
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 1
  • Fireplace Features: Other
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Floor Number: 1
  • Basement: No
  • Cooling: No
  • ElevatorsTotal: 0
  • Number Of Professional Units Total: 2.0
  • Size Dimensions: 50.00x25.00
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 503 4th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 503 4th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
P.S. 124 Silas B Dutcher
PublicPK to 5

Ms 51 William Alexander
Public6 to 8

John Jay School for Law
Public9 to 12

Maurice Sendak Community School
PublicK to 5

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.

Similar Homes

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Similar Sold Homes

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503 4th Avenue is a mixed use property for sale in Park Slope. This property was listed for sale on February 15, 2024 by Corcoran Group, it's currently listed at $2,195,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 124 Silas B Dutcher, Ms 51 William Alexander and John Jay School for Law. 503 4th Avenue is a 3-bed, 3-bath, 3,750 sqft mixed use property built in 1920.

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Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2024, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2024 The Real Estate Board of New York, Inc., All rights reserved.