MYNY is proud to present an exceptional investment opportunity in the heart of Sunset Park, Brooklyn. This corner mixed-use property occupies a highly visible location at the intersection of 4th Avenue and 50th Street. Conveniently situated near Sunset Park and offering quick access to the Brooklyn-Queens Expressway (I-278), the property benefits from excellent transportation connectivity. A bus stop located directly beside the building further enhances accessibility and contributes to strong pedestrian traffic. This income-producing asset consists of four commercial units and six residential apartments, generating a gross annual rental income of $298,284 and offering an attractive 6.85% return based on a purchase price of $3,900,000. The ground floor is fully occupied by four established commercial tenants, including a restaurant, hair salon, tax office, and clothing store. All residential and commercial tenants are operating under active leases and have demonstrated a strong rent payment history. The residential component consists of six updated apartments, including three 3-bedroom units and three 2-bedroom units, all rented at market rates except the super unit. The 3-bedroom apartments enjoy beautiful water views overlooking the Bay Ridge Channel. Residents and visitors can also enjoy panoramic views from the rooftop, featuring both waterfront scenery and views of the Manhattan skyline. With its prime corner location, stable rental income, strong tenant mix, and outstanding views, this property offers significant long-term value and future upside potential for investors seeking a quality mixed-use asset in one of Brooklyn's most vibrant neighborhoods.

Property Details of 5001 4th Avenue, Sunset Park

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Listed by MYNY Residential / Yin C. Koh

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of June 20, 2026 12:30 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement.

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