Description

Unlock value in one of Brooklyn’s most sought-after neighborhoods with this 4-story walk-up building offering all free-market, luxury 3-bedroom / 2-bath apartments. Located steps from 10 subway lines, just blocks from Barclays Center and the Apple Store, this asset sits at a premier corner location in Park Slope. • Assumable Attractive Debt: $4.375M at 4.28% interest, fixed through 2031 • 4,939 SF of Unused Air Rights – Unlock future development potential • High-End Interior Finishings – Appeals to discerning renters • Retail Tenants Paying Below-Market Rents – Immediate upside opportunity • All Free-Market Units – No rent regulation constraints • Strong Transit Access – Just steps from 10 subway lines including B/D/N/Q/R/2/3/4/5

Property Documents

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57 4th Ave.pdf

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Listing Details

  • Cap Rate

    5.35%

  • Tenancy

    Multi

  • Space Type

    Mixed Use

  • Sub Category

    Multifamily / Retail

  • Sale Type

    Investment Sale

  • Date Listed

    6/9/2025

  • Net Operating Income

    $278,200

  • Building FAR

    2.6

Property Specifics

  • Property Name

    57 4th Ave

  • Property Class

    C

  • No of Buildings

    1

  • No of Stories

    4

  • Year Built

    1920

  • Building Size

    4,526 SF

  • Lot Size

    0.04 Ac

  • Year Renovated

    2019

  • APN

    00930-0077

  • Zoning

    C4-4D/G - Commercial

  • Occupancy

    100%

Property Amenities

Unit Amenities

Air Conditioning
Kitchen
Natural Light

Location Amenities

Airport
Bus Lines
Commuter Rail
Metro/Subway
Public Transportation

Site Amenities

Elevator
Restrooms