Check Availability
$2,698,000
↓ $100K (3.6%)
Commercial - For Sale

4602 5th Avenue

Bay Ridge, NY 11220
bedrooms
Studio
bathrooms
0 Bath
$18,904
Estimated Monthly
$0
HOA / Fees
-1.76%
Cap Rate

About This Property

Fully occupied mixed use building for sale in prime location. All tenants in good standing with room for growth on rents. Amazing investment opportunity. GOI 275k NOI 170k Cap Rate : 5.7%   Will not last.
Unit Size
-
Days on Market
95 days
Land Size
0.05 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$5,656
HOA Dues
-
Year Built
1911
Listed By
Shahriar Alom
Bouklis Group Marketing Corp
Last updated: 2 months ago (OneKey MLS #ONE3527239)

Price History

Date / Event Date Event Price
Mar 19, 2024 Price Decreased $2,698,000
↓ $100K (3.6%)
Price Decreased
Feb 27, 2024 Price Decreased $2,798,000
↓ $100K (3.5%)
Price Decreased
Feb 13, 2024 Price Decreased $2,898,000
↓ $52K (1.8%)
Price Decreased
Jan 23, 2024 Listed by Bouklis Group Marketing Corp $2,950,000
Listed by Bouklis Group Marketing Corp

Property Highlights

Exterior Details

Property Information

Property Type: Commercial Sale
Property Sub Type: Mixed Use
Year Built: 1911

Building Information

Building Area Units: Square Feet

Lot Information

Lot Size Acres: 0.05
Lot Size Square Feet: 2000
Lot Size Dimensions: 20x100
Financial Details
Tax Annual Amount: $67,873

Building Info

Overview

    General

  • Year Built: 1911
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 10
  • Residential Unit Count: 8
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 2,000
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 20
  • Building Depth: 90
  • Building Frontage: 20
  • Gross Building Area: 8,937

    Building Floor Area

  • Residential Building Floor Area: 7,937
  • Commercial Building Floor Area: 1,000
  • Retail Building Floor Area: 1,000

    Floor Area Ratio

  • Built Floor Area Ratio: 4
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 3

Building

  • Building Type: C7
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 307
  • City Council District: 38
  • Police Precinct: 72
  • Fire Company: E201
  • Health Area: 6600
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3D
  • School District: 15

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6A
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 756
  • Lot: 38
  • Borough Block Lot: 3007560038

    Address

  • Full Address: 4602 5 Avenue
  • Zip Code: 11220

Valuation

    Assessments Valuation

  • Assessed Total Value: $659,250
  • Assessed Land Value: $118,350

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
Stu
-
-
$2,975,000 May 9, 2019
$2,975,000 Nov 22, 2019
-
Commercial
Loft
-
-
$2,205,000 Jul 4, 2022
$2,205,000 Nov 10, 2022
$1,792/mo
Commercial
Loft
-
-
$3,000,000 Feb 16, 2023
-
-
Other
Loft
-
4,347 ft²
$713/ft²
$3,100,000 Nov 21, 2022
-
$7,661/mo
Other
Loft
-
4,340 ft²
$645/ft²
$2,800,000 Dec 11, 2023
-
-
Other
Loft
-
4,723 ft²
$656/ft²
$3,100,000 Mar 9, 2020
-
$1,143/mo
Other
Loft
-
6,500 ft²
$428/ft²
$2,780,000 Jul 3, 2023
-
$1,813/mo
Other
Loft
-
1,900 ft²
$1,779/ft²
$3,380,000 Oct 5, 2023
-
-
Other
Loft
-
3,300 ft²
$757/ft²
$2,499,000 Jan 5, 2023
-
$6,641/mo
Land
Loft
-
-
$2,500,000 Oct 4, 2023
-
-
Other
Loft
-
4,032 ft²
$620/ft²
$2,500,000 Mar 9, 2020
-
$7,798/mo
Other
Loft
-
3,000 ft²
$1,160/ft²
$3,480,000 May 2, 2023
-
-

About South Brooklyn


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Frequently Asked Questions

When was property at 4602 5th Avenue built and last sold?
The property at 4602 5th Avenue was built in 1911 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4602 5th Avenue is $2,979,500.
What are some comparable homes to 4602 5th Avenue?
Homes that are comparable to 4602 5th Avenue include a commercial property at 765 43rd Street, a other property at 4424 5th Avenue, 5101 6th Avenue.

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