Will Co-Broke


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Listing was updated on: 04/23/2023
Price: 7500000.00
location icon 5018 4th Ave, Brooklyn, NY 11220, USA
Investment for Sale
24000.00 sqft
from July 06, 2018

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

The information above is from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.