Building & Unit Features
Development Opportunity Boerum Hill. Amazing opportunity to create value in the desirable neighborhood of Boerum Hill. 78 4th Avenue is a 3,000 SF mixed-use building with a total of 9,969 of buildable square footage. The current layout includes 2 residential units over 1 commercial space which is approx 1,000 sqft. The building is completely vacant and will be sold "as-is".
With the additional buildable square footage, a investor has the opportunity to possibly build an additional 3-stories on top of the existing structure. Rents in the area asking $80 per sqft for retail and $65 per sqft for residential.
78 4th Avenue is located in a prime location along a bustling Avenue! Within close proximity to Atlantic Avenue/Barclays Center, transportation and tons of retail and small shops.