Overview

$1,390,000

20% Min Down

4311 4th Avenue

4311 4th Avenue, Brooklyn, NY 11232

Townhouse in Sunset Park

Studio | 7 Bath | 4,248 ft² | $327/ft² | - Cap Rate

Listed Aug 2nd, 2021 (51 days)
Great investment opportunity to own this 6 family building in Prime Sunset Park Location! This building is on a huge 25x80 lot with a building size of 25x60, great R7A zoning, and is in a good condition. Newly renovated basement with a separate entrance, the basement ceiling is 9 ft tall. One block away from Sunset Park, 3 minute walk from 45 St R subway station (easy transfer to D, N subway on 36 st). Close to schools, shopping, restaurants, etc. Don't miss this amazing opportunity!

The manager has listed the unit size as 4248 square feet.

Features & Amenities

Unit Amenities

  • Refrigerator
  • Exterior: Brick
  • Hot Water
  • Floor Coverings: Hardwood, Tile - Ceramic

Building Policies

    Learn more about 4311 4th Avenue, Brooklyn, NY 11232

    Listed By

    Ying (Cindy) Chen

    E House Realty & Mgt. Inc.

    7186802776

    History

    Date Event Price
    Sep 11, 2021 Price Drop by -$110,000 (-7.3%) $1,390,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-09-11', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$1,390,000', 'orig_value' => '1500000', 'listing_id' => '15442771', 'unit' => '', 'building_id' => NULL, 'street_address' => '4311 4th Avenue', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', 'pretty_url' => 'https://www.realtyhop.com/building/4311-4th-avenue/house/15442771', 'diff_amount' => '-$110,000', 'diff_pct' => -7.3333333333333357, 'orig_diff_rows' => array ( 0 => array ( 'id' => '15442771', 'listing_id' => '15442771', 'created' => '2021-09-11 06:08:03', 'value_date' => '2021-09-11 06:08:03', 'key' => 'price', 'orig_value' => '1500000', 'new_value' => '1390000', 'unit' => '', 'street_address' => '4311 4th Avenue', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Sep 1, 2021 Price Drop by -$100,000 (-6.2%) $1,500,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-09-01', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$1,500,000', 'orig_value' => '1600000', 'listing_id' => '15442771', 'unit' => '', 'building_id' => NULL, 'street_address' => '4311 4th Avenue', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', 'pretty_url' => 'https://www.realtyhop.com/building/4311-4th-avenue/house/15442771', 'diff_amount' => '-$100,000', 'diff_pct' => -6.25, 'orig_diff_rows' => array ( 0 => array ( 'id' => '15442771', 'listing_id' => '15442771', 'created' => '2021-09-01 04:59:07', 'value_date' => '2021-09-01 04:59:07', 'key' => 'price', 'orig_value' => '1600000', 'new_value' => '1500000', 'unit' => '', 'street_address' => '4311 4th Avenue', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Aug 21, 2021 Price Drop by -$80,000 (-4.8%) $1,600,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-08-21', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$1,600,000', 'orig_value' => '1680000', 'listing_id' => '15442771', 'unit' => '', 'building_id' => NULL, 'street_address' => '4311 4th Avenue', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', 'pretty_url' => 'https://www.realtyhop.com/building/4311-4th-avenue/house/15442771', 'diff_amount' => '-$80,000', 'diff_pct' => -4.7619047619047672, 'orig_diff_rows' => array ( 0 => array ( 'id' => '15442771', 'listing_id' => '15442771', 'created' => '2021-08-21 05:28:25', 'value_date' => '2021-08-21 05:28:25', 'key' => 'price', 'orig_value' => '1680000', 'new_value' => '1600000', 'unit' => '', 'street_address' => '4311 4th Avenue', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Aug 19, 2021 Price Drop by -$120,000 (-6.7%) $1,680,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-08-19', 'event_type' => 'Price Drop', 'event_source' => 'Public Record', 'event_value' => '$1,680,000', 'orig_value' => '1800000', 'listing_id' => '15442771', 'unit' => '', 'building_id' => NULL, 'street_address' => '4311 4th Avenue', 'citystate' => NULL, 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', 'pretty_url' => 'https://www.realtyhop.com/building/4311-4th-avenue/house/15442771', 'diff_amount' => '-$120,000', 'diff_pct' => -6.6666666666666652, 'orig_diff_rows' => array ( 0 => array ( 'id' => '15442771', 'listing_id' => '15442771', 'created' => '2021-08-19 05:40:35', 'value_date' => '2021-08-19 05:40:35', 'key' => 'price', 'orig_value' => '1800000', 'new_value' => '1680000', 'unit' => '', 'street_address' => '4311 4th Avenue', 'contact_firm' => '', 'email' => '[email protected]', 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', ), ), 'orig_type' => 'diff_row', 'alt_data' => '', ))
    Aug 2, 2021 Listed $1,800,000
    ListingHistoryRow::__set_state(array( 'event_date' => '2021-08-02', 'event_type' => 'Listed', 'event_source' => 'Public Record', 'event_value' => '$1,800,000', 'orig_value' => NULL, 'listing_id' => '15442771', 'unit' => '', 'building_id' => NULL, 'street_address' => '4311 4th Avenue', 'citystate' => 'Brooklyn, NY', 'bedrooms' => '0', 'bathrooms' => '7', 'square_feet' => '4248', 'pretty_url' => 'https://www.realtyhop.com/building/4311-4th-avenue-brooklyn-ny/house/15442771', 'diff_amount' => NULL, 'diff_pct' => NULL, 'orig_diff_rows' => array ( ), 'orig_type' => 'listing_row', 'alt_data' => '', ))

    Property Analysis

    Price Estimate

    $1,403,900

    HopScore Market Price

    $1,390,000

    Current Asking Price

    +$13,900

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $24,000
    /

    Purchase Price

    $1,390,000
    =

    Cap Rate

    1.73%
    **

    * Actual income may vary between $1,600 and $2,400 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 4311 4th Avenue

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 4311 4th Avenue

    Unit Br Ba ft² Closed Price
    Common Charges

    Building Info

    Building at 4311 4th Avenue, Brooklyn, NY 11232

    4311 4th Avenue

    4311 4th Avenue, Brooklyn, NY 11232

    Built in 1931 | 6 Units | 3 Stories

    Want to find out who owns 4311 4th Avenue, Brooklyn, NY 11232? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

    -

    Median Asking

    -

    Above Asking

    -

    Sale Price/ft²

    -

    Days on Market

    Transportation

    R

    at 45th St 560 ft | 3 min walk

    N

    R

    at 36th St 0.44 mi | 11 min walk

    D

    at 9th Av 0.79 mi | 19 min walk

    Schools

    School Type Grades Distance
    Sunset Park Avenues Elementary School Elementary PK to 5 0.05 mi
    Is 136 Charles O Dewey Middle School 6 to 8 0.15 mi
    Park Slope Collegiate High School 6 to 12 2.06 mi
    Brooklyn Brownstone School Elementary PK to 5 4.42 mi
    Ps 156 Waverly Elementary PK to 5 4.86 mi
    Midwood High School High School 9 to 12 3.17 mi
    Aspirations Diploma Plus High School High School 9 to 12 3.12 mi
    Brooklyn College Academy High School 9 to 12 1.93 mi
    High School of Telecommunication Arts and Technology High School 9 to 12 1.19 mi
    Urban Assembly New York Harbor School High School 9 to 12 3.55 mi
    Edward R Murrow High School High School 9 to 12 3.31 mi
    Richard R Green High School of Teaching High School 9 to 12 3.81 mi
    Millennium High School High School 9 to 12 3.78 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

    Mortgage Payment Calculator

    $5,759

    Per Month
    When working with the calculator, please remember the dollar amounts displayed aren’t guaranteed, and what you actually pay may be different. The estimates you receive are for illustrative and educational purposes only.

    First-time homebuyers? Check out the RealtyHop Mortgage Center now.

    Inquire about this Property

    Contact A Local Real Estate Expert

    (646) 760-8802

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More

    Recent Transactions at 4311 4th Avenue

    Transaction history for 4311 4th Avenue

    Unit Br Ba ft² Listed Listing Agent Asking
    HOA + Tax
    Closed Closing Buyer(s)
    Unit - - - - - - - Sep 12, 2019 $1,380,000 Liyi Properties Llc
    Unit - - - - - - - Jan 22, 1997 - Maria Perez
    Unit - - - - - - - Oct 24, 1983 - Maria Centeno
    Pedro Centeno
    Unit - - - - - - - Mar 19, 1982 - Israel Mercado
    Lydia Mercado
    Unit - - - - - - - Feb 1, 1979 - Ramos Grace
    Ramos Juan
    Unit - - - - - - - Feb 9, 1978 - Ramos Grace
    Ramos Juan
    Unit - - - - - - - Sep 17, 1974 - Caban Cristino
    Caban Maria

    Apartments for Sale at 4311 4th Avenue

    UnitBrBaft²ListedListing AgentAskingPrice/ft² HOA + Tax Floorplans

    Apartments for Rent at 4311 4th Avenue

    UnitBrBaft²ListedListing AgentAskingPrice/ft²Floorplans

    Nearby Buildings

    Learn more about 4311 4th Avenue

    Building at 4311 4th Avenue, Brooklyn, NY 11232

    Ask a Question

    By proceeding, you consent to receive calls, texts and voicemails at the number you provided (may be recorded and may be autodialed and use pre-recorded and artificial voices), and email, from RealtyHop, Opcity, realtor.com and their network of service providers about your inquiry and other home-related matters. More
    Nearby Addresses
    Popular Buildings