4920 7th Avenue, Brooklyn, New York 11220
- $5,080,000
- List Price
- $5,080,000
- Status
- ACTIVE
- Days on Market
- 59
- MLS#
- 504077
- Lot Size
- 2,000
- MLS Area Major
- Sunset Park
Property Description
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 amenities.
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Additional Information
- Financing
- 1031 Exchange, Bank Mortgage, Cash
- Flooring
- Granite, Hardwood
- Heating
- Gas
- Exterior Features
- Brick
- Roof
- Flat
- Foundation
- Block
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Courtesy Of Century 21 Realty First