Main Content
- Units 4
- Square Feet 3,500
- Price/SF $514.29
- Annual Tax Bill $15,106
- Status Sold
- Year Built 1930
- Property Type Mixed-Use
About This Property
The Brennan Team of Marcus and Millichap has successfully sold 705 4th Avenue, a
four-story apartment building comprised of 3 two-bedroom apartments and 1
three-bedroom apartment. The property is located on 4th Avenue between 22nd
Street & 23rd Street in the Greenwood Heights neighborhood of Brooklyn.
The subject property was built in 1930 and measures 20 feet wide by 47 feet
deep on a lot that extends 19 feet wide by 87 feet deep. The property is zoned
R8A, C2 – 4, EC -1.
The subject property is located within 2 blocks of the 25th Street [R] Train Station,
providing easy access to Manhattan and the rest of Brooklyn.
• Greenwood Heights 4 Family | Certificate of Occupancy Allows 4 Apartments,
1 Office, and 1 Retail
• Fully Free Market Building
• One Vacant Unit and Below Market Rents Allow For Immediate Value-Add
• Building Can Be Repositioned Back to Original Use to Capitalize on Growing
Residential, Retail & Office Rents
• Short Distance to Industry City and Prospect Park
• R8A Zoning |6,720 Unused Buildable SF Presents Future Development Option