5018-5024 4TH AVENUE - BROOKLYN, NY
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF $ 7,500,000.00
Asset Type Investment
Trade Type Sale
SQ. FT. Available 24,000
Date Available 07/06/2018
Search Demographic Data Explore financing options

Contact

Description

Four-Story Corner Building + 1,600 SF Lot (20’ x 80’ on Fourth Avenue) Lot SF: 6,400 SF (80’ x 80’) Total Building SF: 19,200 SF (Above Grade) - Built 60’ x 80’ – 24,000 SF Total SF (w/ Basement) Ground Floor - 4,800 SF Second Floor - 4,800 SF Third Floor - 4,800 SF Fourth Floor - 4,800 SF Basement - 4,800 SF Elevator with Five Stops One Staircase + One Fire Escape 12’-18’ Ceiling Heights Excellent City & Water Views – Overlooking the Statue of Liberty and Downtown Manhattan!! Retail/Residential Conversion C2-4/R7A Zoning (FAR 3.45 – Residential - Up to 4.6 w/ Inclusionary Housing) / FAR 2.0 – Commercial) Can Build 22,080 SF, Build Additional 2,880 SF for a Fifth Floor Likely Conversion to be Ground Floor Retail and Residential on Upper Floors 2, 3, 4, 5 Delivered Vacant – Current Condition is Four-Story Warehouse Loft Building Create Loft Style Apartments & Penthouses Chase Bank across the Street, Busy Retail Corner Two Blocks from the 53rd St “R” Subway Station

Location