946 4th Avenue, Brooklyn, NY, 11232

Address

946 4th Avenue, Brooklyn, NY

Listing Type

Mixed Use

Price

$ 4,088,000

Your Agent

Cary Raffle

Licensed Real Estate Associate Broker

Cell: 917-603-3813

Property Attributes

MLS#504393
TypeMixed Use
Listing Status Active
CountyKINGS
CityBrooklyn
AreaBrooklyn
NeighborhoodSunset Park
Zip11232
StyleMixed Use
Taxes$ 8179
Price$ 4,088,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage3258
Lot Size0.037649 Acres

Data Source:

Brooklyn MLS (BNYMLS)

Property Description

We are PROUD to present this mixed use building in Superb condition and it's location is highly desirable. This property had a full renovation & construction work done from top to bottom and completed in 2018. The building has a significant income from the ground level retail unit which also has a massive full finished basement with high ceilings plus a full kitchen with freezers and frig which the current owner is paying $15,000.00 monthly and will sign a 5 year lease with 5yr option to renew. Plus there two (2 bedroom apartments) each unit has beautiful layout ,1 full bath , private rear terraces and sound proof windows (tenants pay their own heat and electric). The top 2 bedroom pays $ 3,595.00 and the middle unit pays $ 3,550.00. The commercial unit has 2x 7-1/2 ton AC units plus 1 -5 ton in addition the apartments AC units are a 4 ton and 3 ton. The building is completely foam insulated and well maintained. Plus the N and R train stops right at this location , industry-city few minutes away also 2 schools close by and the busy pedestrian and vehicle traffic offer great exposure for this property. The yearly gross income is $ 265,740.00 and its NOI is $237,561.00. This spot in the future would be perfect for a franchise!!!!!

Price History
9/9/2026	Listed $4,088,000

General Features

Net Operating Income	237561.00
Ceiling Height	8-10 Foot
Roof	Flat,Rubber
Electric	220 V,Circuit Breakers
Property Type	Mixed Use
Block	692
Cap Rate	0.06
Lot Number	43
Yearly Taxes	8179.00
Transaction Type	Sale
Insurance Expense	10000.00
Utility Expense	7000.00
Gross Expense	28179.00
Financing	1031 Exchange,Bank Mortgage,Cash
Building Type	Attached
Gross Income	265740
Status	Active
Fuel Expense	3000.00
Construction Materials	Brick
Cumulative Days on Market	7
MLS Area	Sunset Park
Sub Type	Mixed Use
City	Brooklyn
Borough	Brooklyn
Number Of Stores	1
DOM	7
Sale Type	Arm's Length
# Families	2
Public Remarks	We are PROUD to present this mixed use building in Superb condition and it's location is highly desirable. This property had a full renovation & construction work done from top to bottom and complete

Interior Features

Heating Fuel	Gas
Walls	Block,Masonry,Sheet Rock
Flooring	Tile
Hot Water	Gas
Unit Count	3
Sq Ft Total	3258
Lavatories	3
Basement Amenities	Finished,Full
Commercial Features Exterior	Other
Commercial Features Interior	Other

Exterior Features

Exterior	Brick
Yard	Back
Foundation	Poured Concrete
Lot Sq Ft	1640
Loading Docks	None
Building Length	78.00
Building Width	20.00
Property Panorama YN	Yes
Lot Size Length	82
Lot Size Width	20
Parking Attrib	None