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Executive Summary

Exceptional development opportunity in the heart of Sunset Park! Zoned R7A with approved plans for a mixed-use building consisting of 4 residential units and 1 commercial store. Ideal for developers, investors, or users seeking strong income potential in a high-demand location. Situated on a busy avenue with excellent visibility and foot traffic, close to shopping, restaurants, schools, and public transportation, including the N and R subway lines. A rare opportunity to build a valuable mixed-use property in one of Brooklyn's most vibrant neighborhoods. Buyers should verify all information and development possibilities with their architect and attorney.

Property Facts

Price $3,642,756 CAD
Sale Type Investment or Owner User
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 6,300 SF
No. Stories 3
Year Built 1899
Zoning R7A - A medium-density, contextual residential zoning district in New York City. It mandates the Quality Housing Program, typically producing 7- to 9-story apartment buildings with strict street wall, height.
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
90/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
00831-0008
Land Assessment
$28,231 CAD
Improvements Assessment
$275,419 CAD
Total Assessment
$303,649 CAD
  • Listing ID: 40835517

  • Date on Market: 2026-06-08

  • Last Updated:

  • Address: 5501 4th ave, Brooklyn, NY 11220

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