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Off market
  • $2,362,700

    5419 4th Ave, Brooklyn, NY 11220

    0beds
    0baths
    4,551sqft
    Other
    Built in 1931
    2,178 Square Feet Lot
    $2,362,700 Zestimate®
    $519/sqft
    $3,749 Estimated rent

    Home value

    $2,362,700

    $2.22M - $2.48M

    $3,749/mo

    Zestimate® history
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    $3,749/mo

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    $14,089/mo

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    What's special

    Private rear yardOne commercial storefrontFlat roof

    Prime Sunset Park mixed-use investment with major upside! Unbeatable street visibility  perfect for spa, salon, supermarket, e-bike, daycare, clinic, and any high-traffic business. Solid brick 3-story + cellar totaling approx. 4,551 SF on a 25×80 lot (R7A zoning), featuring one commercial storefront and four residential units. Current annual income approx. $133,200 with low taxes ($15,400 / 2024). Projected annual income approx. $181,200 once the vacant commercial unit is leased at market rate ($4,000–$4,500/month), bringing CAP to approx. 5.6%–5.8%. Two residential units (2R & 3R) were recently renovated  turn-key condition with premium rent potential. All units separately metered for gas & electric, and feature gas-powered heat and hot water systems. Flat roof, poured-concrete foundation, and a private rear yard. Unbeatable 4th Ave location between 54th & 55th St  minutes to subway, buses, supermarkets, restaurants, and one of Brooklyn’s most desirable high-traffic commercial corridors. Ideal for 1031 exchange, long-term investors, or owner-users seeking commercial + residential income under one roof. A rare, high-performing Sunset Park asset with both stable cash flow and strong future appreciation.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: EXIT Realty broker feed,MLS#: 497166

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 0
    Heating
    • Other, Natural Gas
    Features
    • Basement:
    • Has fireplace: No
    Interior area
    • Total structure area: 4,551
    • Total interior livable area: 4,551 sqft

    Property

    Lot
    • Size: 2,178 sqft
    Details
    • Parcel number: 008230002

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1931

    Community & neighborhood

    Location
    • Region: Brooklyn

    Price history

    DateEventPrice
    2/6/2026Listing removed$2,600,000$571/sqft
    Source: EXIT Realty broker feed #497166 Report a problem
    2/6/2026Price change$2,600,000-7.1%$571/sqft
    Source: BNYMLS #497166 Report a problem
    11/6/2025Listed for sale$2,800,000+124%$615/sqft
    Source: BNYMLS #497166 Report a problem
    9/3/2013Sold$1,250,000$275/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,554 +7.4%$431,550 +11.5%
    2024$15,415 $387,000 +7.8%
    2023-- $359,100 -14.5%
    2022-- $419,850 +25.1%
    2021-- $335,700 -8.9%
    2020$12,769 +7.9%$368,550 -1.6%
    2019$11,830 $374,400 +326.2%
    2018-- $87,846 +3.3%
    2017$10,817 +6.5%$85,044 +8%
    2016$10,155 $78,770 +0%
    2015$10,155 +54.1%$78,748 +7.9%
    2014$6,591 $72,957

    Find assessor info on the county website

    Neighborhood: Sunset Park

    Nearby schools

    GreatSchools rating