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4512 3rd Ave
Brooklyn, NY 11220 Sunset Park

$2,500,000 USD

Storefront Retail Residential For Sale  •  4,400 SF

Property Details

• Property Type Storefront Retail Residential
• Total Building Size 5,120 SF
• Lot Size 0.05 AC
• Building Class C
• Year Built 1910
• Tenancy Single
• Zoning M1-2D

95 Transit Score

92 Walk Score

Highlights

No History of Rent Regulation: The property was previously converted from a 3-family over retail to a 5-family over retail

Significant Upside in Rent Roll: Residential units are in livable condition, but would benefit from light renovation to maximize rents.

Owner User Potential: Ground floor commercial unit and residential units have leases expiring within the next two years

Ground Floor Built Full: Ground floor is built full 20’ x 100’, providing ample space for retail and a valuable private terrace

Mixed-Use Asset Profile: Residential units above commercial space provide diversified income streams and long-term demand

Public Transportation

Commuter Rail	Drive	Walk	Distance
	10 min	-	3.5 mi
Clifton (Staten Island Railway - New York MTA Subway (The Subway))	13 min	-	7.1 mi
Transit/Subway	Drive	Walk	Distance
45 Street (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	1 min	4 min	0.2 mi
53 Street (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	3 min	10 min	0.5 mi
36 Street (D,M,N,R Line) (D - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	2 min	13 min	0.6 mi
59 Street (N,R Line) (N - New York MTA Subway (The Subway), R - New York MTA Subway (The Subway))	3 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
LaGuardia	27 min	-	14.1 mi
John F Kennedy International	28 min	-	15.0 mi
Newark Liberty International	31 min	-	17.6 mi