Lana Fraser
This listing was posted on Lana Fraser (via ListedBuy).
$6,900,000
526 4th Avenue
Price:
$6,900,000
BR/BA:
9 BA
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Description:
Perfect for a Builder! This is a Corner Mix-Use, 7 Family with 2 stores plus a 2+ car garage located on prime 4th Avenue in Park Slope. 7 Apartment units and garage are delivered VACANT; 2 stores are still occupied with short term leases. With the Rezoning on 4th Avenue and Air Rights combined, a builder can build upwards of 12-17+ stories. Approximately 50K+ buildable square feet including affordable housing. The basement is full and each unit has it's own hot water heater. Featuring 12 Bedrooms & 9 Baths! Apartments can be saleed AS IS, Renovated to the new owner's specs, or broken down to build a brand new Beautiful Work of Art. This is a Prime Brick Corner Property that won't last long so bring only serious buyers with their POF for showings. Annual Projected ROI is just around $350K with lots of upside potential yearly with a Cap Rate of 5.1%. This building has 2 addresses: th Ave and 181 14th Street. Please note, the above information is approximate figures and are subject to change! Still available at ListedBuy!
Property Type:
Condos, Townhouses & Apts for Sale
Sq feet:
8,456 sq. ft.
Amenities:
Parking
For sale by:
Agent/Broker
Agent Name:
Lana Fraser
Posted:
September 23 2023 on ListedBuy
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More About this Listing: 526 4th Avenue
526 4th Avenue is a 9 Bathroom Condos for Sale at 526 4th Avenue in Brooklyn NY. Find other listings like 526 4th Avenue and listings near 526 4th Avenue by searching Oodle Classifieds for 9 Bathroom Condos for Sale in Brooklyn NY.
526 4th Avenue is a 9 Bathroom Condos for Sale at 526 4th Avenue in Brooklyn NY. Find other listings like 526 4th Avenue and listings near 526 4th Avenue by searching Oodle Classifieds for 9 Bathroom Condos for Sale in Brooklyn NY.