About 946 4th Avenue
We are PROUD to present this mixed use building in Superb condition and it's location is highly desirable. This property had a full renovation & construction work done from top to bottom and completed in 2018. The building has a significant income from the ground level retail unit which also has a massive full finished basement with high ceilings plus a full kitchen with freezers and frig which the current owner is paying $15,000.00 monthly and will sign a 5 year lease with 5yr option to renew. Plus there two (2 bedroom apartments) each unit has beautiful layout ,1 full bath , private rear terraces and sound proof windows (tenants pay their own heat and electric). The top 2 bedroom pays $ 3,595.00 and the middle unit pays $ 3,550.00. The commercial unit has 2x 7-1/2 ton AC units plus 1 -5 ton in addition the apartments AC units are a 4 ton and 3 ton. The building is completely foam insulated and well maintained. Plus the N and R train stops right at this location , industry-city few minutes away also 2 schools close by and the busy pedestrian and vehicle traffic offer great exposure for this property. The yearly gross income is $ 265,740.00 and its NOI is $237,561.00. This spot in the future would be perfect for a franchise!!!!!
Features of 946 4th Avenue
| MLS® # | 504393 |
|---|---|
| Price | $4,088,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,258 |
| Type | Mixed Use / Store & Family |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 946 4th Avenue |
|---|---|
| Area | Sunset Park |
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | New York |
| Zip Code | 11232 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Interior | Tile |
|---|---|
| Interior Features | Other |
| Heating | Ductless/Split |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Other |
| Roof | Flat, Rubber |
| Construction | Brick |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | September 9th, 2026 |
|---|---|
| Days on Market | 1 |
| Tax | $8,179 |