About 943 4th
Incredible Investment Opportunity - Mixed Use Building for sale in Sunset Park. This 3 family + 1 Store/Office is located on busy 4th Avenue. This 4,000 Square Feet building consists of 3 residential apartments located on the 4th, 3rd, & 2nd floor. Each apartment has 3 Bedrooms, Kitchen, Living Room, and a Full Bathroom. The 1st floor commercial space has access to the finished basement giving it flexibility. R7A / C2-4 Zoning, FAR 2.47, Annual R.E. taxes are $20,169. Store and 2nd floor currently vacant. Projected Annual Rent Roll = $150,000. Actual Annual Expenses = $32,869.52. Projected NOI = $117,131. *** 5% CAP *** Super prime, heavy foot traffic location near everything and across the street from the subway! Come take a look for yourself.
Features of 943 4th
| MLS® # | 481562 |
|---|---|
| Price | $2,295,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,000 |
| Year Built | 1931 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 943 4th |
|---|---|
| Area | Sunset Park |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11232 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Hardwood, Carpeting, Other |
|---|---|
| Interior Features | Other |
| Heating | Hot Water |
| Fireplace | No |
| # of Stories | 4 |
| Has Basement | Yes |
| Basement | Finished, Full, Separate Entrance |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Other |
| Roof | Flat |
| Construction | Brick |
| Foundation | Block |
Additional Information
| Date Listed | May 2nd, 2024 |
|---|---|
| Days on Market | 491 |
| Zoning | R7A |
| Tax | $20,170 |