$5,080,000
Active
1 days on market
4920 7th Ave
📍 Brooklyn, Brooklyn, NY 11220
Co-op
Type
About this property
Excellent investment opportunity to own a newly built 5-family mixed-use property in the heart of Sunset Park, located on bustling 7th Avenue. The property features five spacious 3-bedroom residential apartments plus two ground-floor storefronts, offering an attractive combination of residential and commercial income potential. The property currently generates approximately $26,200 in monthly rental income, or approximately $314,400 annually. Located in a highly active and established section of Sunset Park, the property benefits from excellent foot traffic, strong neighborhood activity, convenient transportation, and close proximity to a wide variety of shops, restaurants, services, and am
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Amenities & features
Key facts
Newly built
Mixed-use property
2,000 sq ft lot
Property details
Property typeCo-op
Listing statusActive
Lot size2,000 sqft
Days on market1 days
MLS #504077
Estimated monthly payment
Listing price$5,080,000
Down payment (20%)$1,016,000
Loan amount$4,064,000
Principal & interest (7%, 30yr)$27,037/mo
Property tax (est.)$4,940/mo
Home insurance (est.)$2,116/mo
Estimated total$34,093/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.