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5501 4th, Brooklyn, NYC

Home › Listings › Brooklyn › 5501 4th

$4,990,000
Active 1 days on market
MLS# 1063360

5501 4th

📍 Brooklyn, Brooklyn, NY 11220

Other
Type

About this property

Outstanding opportunity to acquire two adjoining properties in the heart of Sunset Park, Brooklyn, situated along the highly desirable 4th Avenue corridor. Offering approximately 5,216 SF of combined land, this unique package features a distinctive corner mixed-use building and an adjoining development property with an existing garage and former church space, providing tremendous flexibility for investors, builders, and developers. 404 55th Street: A distinctive three-story brick corner building situated on approximately 2,450 SF of land, featuring excellent street exposure, classic architectural character, and strong mixed-use investment potential. The property includes architectural plan
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Amenities & features

TWO ADJOINING PROPERTIESCORNER MIXED-USE BUILDINGEXISTING GARAGEARCHITECTURAL PLANS2-STORY ADDITIONCOMMERCIAL SPACE

Key facts

Existing garage
Architectural plans
Commercial space

Property details

Property typeOther
Listing statusActive
Lot size5,216 sqft
Days on market1 days
MLS #1063360

Estimated monthly payment

Listing price$4,990,000
Down payment (20%)$998,000
Loan amount$3,992,000
Principal & interest (7%, 30yr)$26,558/mo
Property tax (est.)$4,852/mo
Home insurance (est.)$2,079/mo
Estimated total$33,489/mo

Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.

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