5001 4th Avenue, Brooklyn, New York, 11220

Prime Corner Mixed-Use Investment Opportunity
5001 4th Ave, Brooklyn, NY
Property Details
• 6 Residential Units 3(3beds and 1 bath) And 2 (2beds and 1 bath) High Demand Layout)
• 2 Commercial Storefronts
• 4 Stories + Basement
• Brick Construction• Prime Corner Exposure
Income Overview; Residential (6 Units)
Total Monthly Residential Income: $14,100
Commercial
Restaurant: $5,071 Tax Office: $1,920
Total Commercial Income: $10,000
Total Gross Income:$24,100 / month $289,200 / year
Annual Expenses
• Property Tax: $24,089 Insurance: $12,000 Gas: $12,000 Electric: $1,800 Water: $7,500
Total Annual Expenses: $57,389
Net Operating Income (NOI )$231,811 Cap Rate: 5.41%