3 months on rocket

4305 4th Ave, Brooklyn, NY, 11232

$1,875,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
4,248 SqFt
$441/SqFt
Multi

Location

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4305 4th Ave, Brooklyn$1,875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
Year Built1927
HeatingSteam, Natural Gas
BasementYes
FireplaceStove
MLS #485235
StatusActive

About 4305 4th Ave

This turn-key investment opportunity presents a well-maintained building in a highly desirable neighborhood. The property boasts solid tenants and is just minutes away from Bush Terminal, featuring waterfront piers, bike paths, and stunning views. The location is nearby Industry City, NYC's vibrant creative hub, home to over 550 companies, trendy eateries, breweries, shops, art galleries, and exhilarating music and dance events. In addition, you'll find Sunset Park, complete with a recreation center, pool, and playgrounds, alongside Brooklyn's bustling Chinatown and its own magnificent Basilica. With the N and R train conveniently located nearby and the B63 bus along 5th Avenue, transportation is a breeze. All documentation with the DHCR is in order, with lucrative upside potential, there's 3,700 square feet of available FAR and no violations. This building is a fantastic opportunity that you won't want to miss! 4.75 CAP

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1927
  • Stories: 3
  • Living Area: 4,248 SqFt

Listing Office:

  • Office Name: BHGRE Safari Realty

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Parquet, Tile
  • Fireplace: Stove

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: None

Utilities

Utilities Information:

  • Heating: Steam, Natural Gas

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,875,000
  • Price Per SqFt: $441/SqFt

Tax Information:

  • Annual Amount: $11,830
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Brooklyn, NY.

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Brooklyn, NY

City

Med. Sold Price

$979.9K

Med. Price/SqFt

$701

Avg. Days On Market

111

# of Sold Homes

385

4305 4th Ave vs Brooklyn

111 DAYS ON ROCKET

-0 Day

$1,875,000

+$895K More

$441/SqFt

-$261 Less

KEY TAKEAWAY

This property is $895K more than the Median Sold Price and $261/SqFt less than other homes in Brooklyn, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #485235

Listing Office:

  • Office Name: BHGRE Safari Realty

IDX Information being provided by Brooklyn Multiple Listing Service is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

The accuracy of all information, regardless of source, including but not limited to open house information, square footage and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Brooklyn Multiple Listing Service and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited.

Copyright © 2024 Brooklyn Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/3/2024, 2:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 10, 2010Home Sold
$877,500

Tax History

YEARPROP. TAXASSESSMENT
2020$11,830$438,750
2019$11,036$438,750
2018$10,019$85,044
2017$9,408$78,770

History based on county public records data.

Payment Calculator

$9,426

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,688

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3519641
4
/10

  • Sunset Park Avenue Elementary School

  • 4222 4th Ave

  • 0.04 miles

  • Public District Grades KG-4

school-card-donut-3519642
4
/10

  • P.S. 1 Bergen School

  • 309 47th St

  • 0.19 miles

  • Public District Grades PK-5

school-card-donut-3519643
4
/10

  • P.S. 24 Brooklyn

  • 427 38th St

  • 0.28 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $57,543. The most common annual income of people living in Brooklyn, NY is less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Kings County›Brooklyn›11232›4305 4th Ave

This home is located at 4305 4th Ave in Brooklyn, NY and zip code 11232 in the Sunset Park neighborhood. This 4,248 square foot home was built in 1927. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 14, 2024 and is currently priced at $1,875,000.

In November 2024, from all listings sold in Brooklyn, NY there were more than 28 sold above asking price, over 161 sold below and more than 196 were sold right at the asked price. The number of listings in Brooklyn, NY decreased by 10.5% between October 2024 and November 2024. The median list price of listings available in November 2024 was $979,913, while the average time on the real estate market was 111 days.

From Rocket Homes Real Estate and based on county public records data.

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