$10,000 Closing Credit¹
#487795, Listing Office: RE/MAX Edge
$2,500,000 List price
5622 4th Ave Brooklyn, NY 11220
$10,000
Closing credit¹
23 beds
8 full
8,492 sqft
$294 / sqft
Multi-Family
Property details
About 5622 4th Ave
SENSATIONAL SUNSET PARK OPPORTUNITY!! OWNER FINANCING AVAILABLE Well maintained, extra-large(8500 sqft bldg size) solid brick 8 family building for sale featuring 2 and 3 bedroom apts. The 2 ground floor owner’s apts will be DELIVERED VACANT. This property is close to the N & R trains, shopping, schools and the NYU Langone hospital. The potential rent roll will be approximately $140,000 which includes 2 owner’s apts at $1,800 each. Don’t miss out on this outstanding opportunity to own a prized piece of real estate in one of Brooklyn’s most desirable & sought-after neighborhoods…
Highlights
Home typeMulti Family
HeatingSteam, Oil
StatusActive
Size8,492 sqft
BasementYes
Year built1904
ParkingOther, Street
MLS #474434
FireplaceStove
Summary
- MLS Number: 474434
- Office Name: RE/MAX Real Estate Professiona
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Last updated on: 3/15/2025, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,500,000
5622 4th Ave
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $638,280 | $20,905 |
| 2023 | $531,900 | $20,905 |
| 2021 | $607,050 | $18,403 |
| 2019 | $666,000 | $17,326 |
| 2018 | $128,629 | $15,851 |
| 2017 | $124,632 | $14,877 |
History based on county public records data.
Nearby schools
4
P.S. 503: The School Of Discovery
Public District KG-5
0.1 mi
•330 59th St
4
P.S. 506: The School Of Journalism Technology
Public District KG-5
0.1 mi
•330 59th St
7
Leep Dual Language Academy Charter School
Public Charter KG-2
0.2 mi
•5323 5th Ave Fl AVE-2nd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,500. The most common annual income of people living in Brooklyn, NY is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
56%
<35k
39%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
38%
Single, No Kids
19%
Single, with Kids
14%
Married, No Kids
29%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
8%
12-17 yrs old
31%
18-34 yrs old
33%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
H&M
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
Boston Market
What do the neighbors drive?
Dodge
Nissan
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 5622 4th Ave in Brooklyn, NY and zip code 11220 in the Sunset Park neighborhood. This 8,492 square foot home was built in 1904. Features: 23 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since June 1, 2023 and is currently priced at $2,500,000.
Brooklyn, NY housing market in February 2025 saw over 41 listings sold above listed price, more than 162 sold at listed price and over 158 sold below. The inventory of homes for sale in Brooklyn, NY between January and February 2025 decreased by 3%. Listings spent 132 days on the market in February 2025, and had a median list price of $995,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.