479 4th Ave
Brooklyn, NY 11215 (Gowanus)
$6,500,000
Est. Mortgage $27,683/mo Get Pre-Qualified

479 4th Ave
Brooklyn, NY 11215

(Gowanus)
  • 18 beds
  • 8 baths
  • 7,874 sqft
  • Multi-Family
For Sale
$6,500,000
Est. Mortgage $27,683/mo Get Pre-Qualified
479 4th Ave
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  • See the local terrain and how close this home is to parks and main streets.

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  • 1 Elementary School

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  • Lowest crime relative to the rest of Kings county.

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  • 12% of residents commute by car.

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  • 564 Restaurants

    87 Grocery stores

    142 Nightlife

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For Sale

Home Details

Overview
  • Multi-Family
  • 18 Beds
  • 8 Baths
  • Built in 1931
  • 8 days on Trulia
  • 7,874 sqft
  • $826/sqft
  • 58 views
Description

Marcus & Millichap has been exclusively engaged to represent ownership in the sale of 479 4th Avenue, a five story apartment buildings located between 11th and 12th Streets in the Park Slope neighborhood of Brooklyn, NY (Block: 1022, Lots: 05). The property is comprised of 8 residential units of occupied high-quality residential apartments. 479 4th Avenue is entirely deregulated from rent-stabilization. The subject offering is a rare opportunity to acquire a cash-flowing & highly financeable apartment buildings in one of New York City's premier submarkets. The asset is a turn-key investment with extensive upgrades throughout, allowing a new investor to attract high-quality housing demand for the foreseeable future. 479 4th Avenue offers a new investor multiple options to reposition this asset, or can simply be held at an attractive 4.50% cap rate with minimal management.

Features
LISTING INFORMATION
Updated: 11/13/2017
  • 18 Bedrooms
  • 8 Bathrooms
  • Multi-Family
  • 7,874 Square Feet
  • Dryer
  • Refrigerator

Affordability
Additional Costs

Price Trends
Real Estate Trends
Average Listing Price for 11215
$1,794,393
72% below listing price
Median Sale Price for 11215
$1,181,250
82% below listing price
Average Sale price/sqft for 11215
$1,084/sqft
31% above listing price/sqft
Comparables and Estimates

Contact Info


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