78 4TH AVE.

$3,200,000

Price [Calculator]

6

Beds

4

Baths

ID #: 65610
Property Type: House
Availability: Immediately
Total Rooms: 10
Stories: 3
Pet Policy: Unknown


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.

Listing Agents






Map


Nearby Subways

  • 2 3 4 5 B D N Q R ~0.13 mi. to 4th Ave & Pacific St
  • 2 3 4 ~0.25 mi. to Flatbush Ave & Bergen St
  • G ~0.38 mi. to Fort Greene Pl & Lafayette Ave
  • D N R ~0.38 mi. to 4th Ave & Union St
  • A C ~0.40 mi. to Portland Ave & Fulton Ave