Albert Wilk broker of Wilk RealEstate Ltd. New-York and Florida licences
Since 1987
Albert Wilk, Licensed Real Estate Broker in New York & Florida

5911 4 Avenue, Sunset Park, Brooklyn, NY 11220

INCREDIBLE INVESTMENT OPPORTUNITY! Mixed Use building located on a main street in Sunset Park has 2 stores + 6 Family. The 26 x 61 building sits on a 26 x 80 Lot. Zoned R7A. All 6 apartments have 3 bedrooms with full windows. Both the steady businesses have 5-8 year leases and all 6 apartments are fully occupied. The 1st floor is restaurant rent is $3200/month on a 5 year lease with a 4% annual increase. The 2nd store is a Car Service business generates $3,000 monthly rental income on an 8 year lease with an increase of $100 per year. The gross Annual Income is $188,400 with gross expenses at $42,561 and Net income at $145,839. Convenient to transportation. Well maintained property with a steady and healthy income. Fantastic investment!

5911 4 Avenue, Sunset Park, Brooklyn, NY 11220

$3,390,000
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City: Brooklyn
Total Sq./Ft.: 6344
Block #: 863
Lot #: 6
Year Built: 1931
Basement Type: Finished
Bldg Size: 26 x 61
Floor: Hardwood, Tile
Est. Fuel $ Yr.: $6,480
Hot Water: Gas
Est. Insurance $ Yr.: $5,268
Lot Size: 26 x 80
Lot Sq./Ft.: 2080
# Families: 6
# Stores: 2
Owner Occupied: No
Est. Taxes $ Yr.: $19,474
Zoning: R7A
Handicap Access: Unknown
Property type: Mixed Use/Store & Family
Neighborhood: Sunset Park
Zip: 11220
Request Information
Please Call: 718-376-0606
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Listing courtesy of Realty Executives Metro | MLS: 432522
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