Buy with Yoreevo
$1,277,249
List Price: $1,299,999
Share Listing
Save Listing

5411 4th Avenue

House in Sunset Park •  building info
studio • 2,000ft² $650 per ft²
Buy with Yoreevo

$1,277,249

List Price

$1,299,999

Key Details
Days on market
31
Last price change
loading...
Estimated payment
$8,254/mo
Taxes
$1,239/mo
Maintenance
N/A
Description
Presenting an exceptional investment opportunity, a distinguished six-family residence nestled in the vibrant Sunset Park neighborhood of Brooklyn. This rent-stabilized property offers a compelling investment opportunity, boasting a current capitalization rate of 5.7%, with projections indicating potential growth to 6.5% or higher. Constructed in 1931, this multi-family home encompasses approximately 4,551 square feet of living space on a 2,000 square foot lot. Its prime location places it amidst a plethora of retail stores, diverse shops, and a variety of restaurants along 4th, 5th, and 8th Avenues, providing residents with unparalleled convenience. The property is strategically situated just minutes from multiple [R & N] subway stations and bus stops, facilitating an effortless commute to Manhattan and other key areas. Additionally, the zoning districts R7A and C2-4, with a Floor Area Ratio (FAR) of 4, offer significant commercial conversion possibilities, presenting avenues for value addition and diversification. Sunset Park is renowned for its rich cultural tapestry and dynamic community atmosphere. The neighborhood's namesake park provides ample green space and recreational facilities, contributing to a lively atmosphere and strong sense of community. This property not only promises stable income through its current rent-stabilized units but also offers substantial upside potential through strategic enhancements and leveraging its prime location. Seize this rare opportunity to invest in a property that combines immediate financial benefits with promising future prospects in one of Brooklyn's most sought-after neighborhoods.

Hide full description

Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$1,299,000
Asking Price: $1,299,999
Term
30 Years
Down Payment
$129,000 (10%)
Min: 10% (129,000)
Rate
6.0 %
Mortgage Amount
$1,169,999
Mortgage Payment
$7,015
Taxes
$1,239
Estimated Yoreevo rebate
$22,750
Estimated closing cost
$48,000
Total monthly cost $8,254
Buy your dream home with us and get an estimated
$22,750 rebate.
Rebates vary by sale price, market and are subject
to a minimum commission.
Listing Courtesy of RE/MAX Edge

Information ©2026, OneKey MLS. 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.