$2,800,000
Active
1 days on market
4801 16th Ave
📍 Borough Park, Brooklyn, NY 11204
1.0
Bed
1.0
Bath
1,600
Sqft
$1,750
Per sqft
Multi-family
Type
About this property
This approximately 1,600-square-foot, two-story walk-up building is available for sale in the heart of Borough Park, Brooklyn. Built in 1931, the property sits on a prime corner lot measuring 20' x 40', with 800 square feet of lot area and 1,600 square feet of building floor area across two floors. Zoned R6, C1-3 with a maximum residential FAR of 2.4 and facility FAR of 4.8, the site offers nearly 2,300 square feet of additional buildable area, presenting a compelling value-add or development opportunity. Situated at one of Borough Park's busiest and most visible intersections, directly across from Chase Bank on McDonald Avenue, the property benefits from exceptional exposure, strong pede
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Amenities & features
Key facts
Buildable area
Corner lot
Property details
Property typeMulti-family
Listing statusActive
Lot size800 sqft
Days on market1 days
MLS #RLS20103070
Estimated monthly payment
Listing price$2,800,000
Down payment (20%)$560,000
Loan amount$2,240,000
Principal & interest (7%, 30yr)$14,902/mo
Property tax (est.)$2,723/mo
Home insurance (est.)$1,166/mo
Estimated total$18,791/mo
Estimates only. Contact a lender for accurate figures. Does not include closing costs or PMI.