| Primary address | 5001 4th Avenue |
| Secondary address | 402-412 50th St |
| Neighborhood | Sunset Park |
| Zip code | 11220 |
| Borough | Brooklyn |
| Block & lot | 00791-0010 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 01/08/2018 |
| Purchase price | $3,718,000 |
| Tax class | Register |
| Lot sq. ft. | 2,000 |
| Lot dimensions | |
| Property type | Single or Multiple Dwelling with Stores or Offices (S9)
|
| Building sqft | 7,400 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 4 |
| Year built | 1931 |
| Construction type | Register |
| School district | 15 |
| Community district | 7 |
| Closest police station | 0.71 Miles |
| Closest fire station | 0.06 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Single or Multiple Dwelling with Stores or Offices (S9) located at 5001 4th Avenue, Brooklyn, NY 11220 has a total of 7,400 square feet and a current price per square foot of $502.
What is the year built & the current market value of 5001 4th Avenue, Brooklyn, NY 11220?5001 4th Avenue, Brooklyn, NY 11220 was built in 1931 and has a current tax assessor's market value of $1,340,000.
How many commercial spaces does this building have?This building has 4 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Sale |
|---|---|
| Listing date | 06/16/2026 |
| Last updated | 06/17/2026 |
| Lot size | 2000 SF |
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.
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Create a free account to view the complete sales history for 5001 4th Avenue, Brooklyn, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 5001 4th Avenue, Brooklyn, NY 11220. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $26,144 |
| Tax assessor's market value: | $1,340,000 |
| Assessed value: | $603,000 |
Here's the assessment & property tax history for 5001 4th Avenue, Brooklyn, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $1,119,000 | $503,550 | $194,614 | 12.439% | $24,208 | $24,208 | -0.49% |
| 2024/25 | $1,399,000 | $629,550 | $194,613 | 12.5% | $24,327 | $24,327 | +4.41% |
| 2023/24 | $1,298,000 | $584,100 | $186,359 | 12.502% | $23,299 | $23,299 | +8.78% |
| 2022/23 | $1,316,000 | $592,200 | $174,607 | 12.267% | $21,419 | $21,419 | +8.28% |
| 2021/22 | $1,213,000 | $545,850 | $161,677 | 12.235% | $19,781 | $19,781 | +7.72% |
The complete history of permits filed for 5001 4th Avenue, Brooklyn, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Brooklyn so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Brooklyn and compare it to other boroughs in New York City.
Check out recently sold homes in Brooklyn and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 4th Ave & 52nd St at NW Corner (Exit Only) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.081 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for 5001 4th Avenue, Brooklyn, NY 11220.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 430 50th St, Brooklyn | 3,012 | 02/01/1981 | |
| 416 50th St, Brooklyn | 3,180 | 04/22/2026 | $1,405,000 |
| 422 50th St, Brooklyn | 3,012 | 05/19/1993 | |
| 424 50th St, Brooklyn | 3,012 | 03/31/2022 | $1,300,000 |
| 5003 4th Ave, Brooklyn | 3,300 | 05/21/1976 | |
| 426 50th St, Brooklyn | 1,960 | 01/10/1985 | |
| 428 50th St, Brooklyn | 3,012 | 11/20/2018 | $900,000 |
| 403 51st St, Brooklyn | 9,373 | 04/17/1997 | |
| 418 50th St, Brooklyn | 1,894 | ||
| 5015 4th Ave, Brooklyn | 7,360 | 06/19/2018 | |
| 313 51st St, Brooklyn | 3,324 | 08/18/1983 | |
| 315 51st St, Brooklyn | 3,024 | 01/11/1996 | |
| 414 50th St, Brooklyn | 3,264 | 12/22/2020 | |
| 5019 4th Ave, Brooklyn | 7,360 | 05/16/2014 | |
| 5012 4th Ave, Brooklyn | 3,812 | 11/07/2024 | $1,200,000 |
| 432 50th St, Brooklyn | 3,012 | 08/17/2012 | |
| 5007 4th Ave, Brooklyn | 7,360 | 04/29/2010 | $499,000 |
| 5013 4th Ave, Brooklyn | 7,360 | 03/25/1988 | |
| 420 50th St, Brooklyn | 3,156 | 12/08/1994 | |
| 5011 4th Ave, Brooklyn | 7,360 | 06/25/2012 | $685,000 |
