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4424 3rd Ave 5,450 sq ft 100% Let Retail Property Brooklyn, NY 11220 £1,789,807 (£328.41/sq ft)
EXECUTIVE SUMMARY
Prime Sunset Park corner brick mixed-use property at 4424 3rd Ave (AKA 275-283 45th Street) on a 25' x 100' lot, featuring both front and rear buildings on a single lot, with a combined building size of approximately 5,450 sqft.
4 Stores, 2 four bedroom apartments. Zoned M1-2D, the property includes four commercial/retail stores, two spacious 6-room/4-bedroom apartments, and a full unfinished basement with high ceilings for storage. Equipped with gas boiler and water heaters, the building benefits from heavy foot and car traffic, offering excellent visibility along 3rd Avenue, just one block from the 45th Street R train station. Conveniently located near Industry City, the Belt Parkway, Gowanus Expressway, Verrazano Bridge, Staten Island, and with easy access to the Battery Tunnel and Manhattan, this property is ideal for any type of commercial business. The roof provides potential for outdoor advertising visible from the BQE. Delivered vacant possible. Owner financing available. This is a rare and versatile investment opportunity.
4 Stores, 2 four bedroom apartments. Zoned M1-2D, the property includes four commercial/retail stores, two spacious 6-room/4-bedroom apartments, and a full unfinished basement with high ceilings for storage. Equipped with gas boiler and water heaters, the building benefits from heavy foot and car traffic, offering excellent visibility along 3rd Avenue, just one block from the 45th Street R train station. Conveniently located near Industry City, the Belt Parkway, Gowanus Expressway, Verrazano Bridge, Staten Island, and with easy access to the Battery Tunnel and Manhattan, this property is ideal for any type of commercial business. The roof provides potential for outdoor advertising visible from the BQE. Delivered vacant possible. Owner financing available. This is a rare and versatile investment opportunity.
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Property Subtype
Shopfront Retail / Residential
Property Size
5,450 sq ft
Costar Property Class
C
Year Built
1950
Price
£1,789,807
Price per sq ft
£328.41
Occupancy Rate
100%
Number of Floors
3
Plot ratio
2.08
Total Plot Size
0.06 ac
Opportunity Zone
Yes
Use Class
M1-2 - M1 is a Light Manufacturing Zoning District having manufacturing, commercial, and community facility uses.
Walk Score®
Excellent pedestrian access (93)
Transit Score®
Rider's Paradise (96)
Bike Score®
Good for cycling (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00736-0048 | Improvements Assessment | £95,596 |
| Land Assessment | £8,519 | Total Assessment | £104,115 |
PROPERTY TAXES
Parcel Number
00736-0048
Land Assessment
£8,519
Improvements Assessment
£95,596
Total Assessment
£104,115
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4424 3rd Ave
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