526 4th Avenue
526 4th Avenue
$3,750,000
—
8,456
8,456
$443
Sold 11/17/23
Description
Perfect for a Builder! This is a Corner Mix-Use, 7 Family with 2 stores plus a 2+ car garage located on prime 4th Avenue in Park Slope. 7 Apartment units and garage are delivered VACANT; 2 stores are still occupied with short term leases. With the Rezoning on 4th Avenue and Air Rights combined, a builder can build upwards of 12-17+ stories. Approximately 50K+ buildable square feet including affordable housing. The basement is full and each unit has it's own hot water heater. Featuring 12 Bedrooms...Perfect for a Builder! This is a Corner Mix-Use, 7 Family with 2 stores plus a 2+ car garage located on prime 4th Avenue in Park Slope. 7 Apartment units and garage are delivered VACANT; 2 stores are still occupied with short term leases. With the Rezoning on 4th Avenue and Air Rights combined, a builder can build upwards of 12-17+ stories. Approximately 50K+ buildable square feet including affordable housing. The basement is full and each unit has it's own hot water heater. Featuring 12 Bedrooms & 9 Baths! Apartments can be rented AS IS, Renovated to the new owner's specs, or broken down to build a brand new Beautiful Work of Art. This is a Prime Brick Corner Property that won't last long so bring only serious buyers with their POF for showings. Annual Projected ROI is just around $350K with lots of upside potential yearly with a Cap Rate of 5.1%. This building has 2 addresses: 526-528 4th Ave and 181 14th Street. Please note, the above information is approximate figures and are subject to change!
- Listed by Lana Fraser • Hot Homes Realty LLC. • 2 Spaces,Attached Garage
Amenities
- Walk Up
- Voice Intercom
- Garage
- Basement
- Parking Included
- Lowrise
Location
LISTING UPDATED: 11/21/2023 03:53 PM
Property Details for 526 4th Avenue
Status | Sold |
---|---|
MLS ID | 471328 |
Days on Market | 257 |
Taxes | $15,220 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Townhouse |
MLS Type | Mixed Use |
Year Built | 1931 |
Lot Size | 3,069 SF / 30' x 86' |
County | Kings County |
Building
Location
Building Information for 526 4th Avenue
Stories4Residences7Year Built1931Building Size22' x 30'Building Sq. Ft2,640 SFLot Size3,069 SF / 30' x 86'Building Age-Building Type-
Payment Calculator
$21,734 per month
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Property Information for 526 4th Avenue
Property History for 526 4th 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 526 4th Avenue
Taxable ValueLand-Additions-Total-
Home Facts
APN3010330043
Schools near 526 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 | ||
New Voices School Of Academic And Creative Arts 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.
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