526 4th Avenue

$3,750,000
Last Sold Price
Beds
8,456 Sq. Ft.
$443 / Sq. Ft.
8,456
Sq. Ft.
$443
per Sq. Ft.

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!
  1. Listed by Lana Fraser • Hot Homes Realty LLC. • 2 Spaces,Attached Garage

Amenities

  • Walk Up
  • Voice Intercom
  • Garage
  • Basement
  • Parking Included
  • Lowrise

Location

Listing Courtesy of Hot Homes Realty LLC.

Sold By Hot Homes Realty LLC.

Add your commute
LISTING UPDATED: 11/21/2023 03:53 PM

Property Details for 526 4th Avenue

StatusSold
MLS ID471328
Days on Market257
Taxes$15,220 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeTownhouse
MLS TypeMixed Use
Year Built1931
Lot Size3,069 SF / 30' x 86'
CountyKings County

Building

526 4th Ave

7 Units4 StoriesBuilt in 1931

Location

Listing Courtesy of Hot Homes Realty LLC.

Sold By Hot Homes Realty LLC.

Add your commute

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

30 year fixed, 7.25% Interest

Principal and Interest

$20,465

Property Taxes

$1,268

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 526 4th Avenue

Summary
Location and General Information
  • Block: 1033
  • Number Of Stories: 2
  • Cross Street Name: 14th street
  • Cross Street Name: 13th street
  • Zoning: R8A
  • Roof: Flat
Parking
  • Parking Attributes: 2 Spaces, Attached Garage
  • Parking Feature Single: Private Drive
Taxes and HOA Information
  • Financing: Bank Mortgage, Cash
  • Tax Amount: 15220.0
  • Gross Expense: 39246.0
  • Gross Income: $282,348.00
  • Miscellaneous Expense: 5000.0
  • Cap Rate: .04%
Property
Lot Information
  • Sq Ft Total: 8456
  • Yard: None
  • Lot Number: 43
  • Lot Size Irregular YN: Yes
  • Lot Size Length: 93
  • Lot Size Width: 33
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Hot Air
  • Heating Fuel: Gas
  • Hot Water: Electric
  • Utility Expense: 1500.0
  • Fuel Expense: 8000.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full, Separate Entrance
  • Commercial Features Interior: Fire - Smoke Alarm
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Parquet
  • Unit Count: 10
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: Circuit Breakers
  • Ceiling Height: 8-10 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Doors - 10 ft and under
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 660.0
  • Building Length: 30.0
  • Building Type: Semi-Detached
  • Building Width: 22.0
Unit 1
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 1
  • Unit Projected Rent: 3900.0
  • Unit Rooms Total: 4
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 2
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0.0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 2
  • Unit Projected Rent: 3900.0
  • Unit Rooms Total: 4
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 3
  • Unit Projected Rent: 3900.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 4
  • Unit Projected Rent: 3900.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 5
  • Unit Projected Rent: 3900.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: 2 Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 6
  • Unit Projected Rent: 2200.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: Studio
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 1
  • Unit Category: Apt
  • Unit Features: Appliances Included
  • Unit Floor: 7
  • Unit Projected Rent: 2200.00
  • Unit Rooms Total: true
  • Unit Status: Vacant
  • Unit Unit Type: Studio
Unit 8
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Current Rent: 3325.0
  • Unit Date Available: 01-31-2026
  • Unit Room Description: Bicycle Store
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 9
  • Unit Baths Half: 1.0
  • Unit Category: Store
  • Unit Current Rent: 3350.0
  • Unit Date Available: 03-31-2026
  • Unit Room Description: Beauty Salon
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 10
  • Unit Category: Store
  • Unit Floor: 1
  • Unit Status: Vacant
  • Unit Unit Type: Garage
Agent
Agent Information
  • Net Operating Income: 243102.0
Sale and Listing
  • Sale Type: Arm's Length
  • Selling Agent MUI: 1490005.0
Rental
Rental Information
  • Insurance Expense: 6000.0
  • Owner Occupied: No
  • Rent Income: 282348.0

Property History for 526 4th Avenue

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

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

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.

Neighborhood Map and Transit

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hot Homes Realty LLC.

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.