$4,990,000
1 Acre1 ac
5501 4th Avenue
Brooklyn, NY 11220
Listed with RE/MAX Edge
$6,500,000
Est. $39,647/moBrooklyn, NY 11208 · Brooklyn
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Perfect—here’s a clean, investor-focused description for that City line property: Turn-Key 25-Unit Investment Property in City Line, Brooklyn An outstanding opportunity in the heart of Brooklyn—this well-maintained 25-unit brick building features 15 2 -bedroom and 10 1 Bedroom apartments, as well as 2 retail spaces ideal for steady rental demand. Tenants pay their utilities ( electric and cooking gas ) The building includes: A full basement with Additional storage rooms No elevator = lower maintenance Low operating expenses With a projected NOI of $816,000 creating a Net Cap Rate of 10.2%, this is an excellent choice for long-term investors or a 1031 exchange. Stable income, minimal overhead, and efficient building systems make this a true turnkey asset in one of Brooklyn’s steadily growing neighborhoods.
Listed with EXIT Realty Central · Arthur F. Martinez SFR · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 2:08 PM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
234
Nov 2026
Average price
Active listings
$1,310,824
Nov 2026
Average days on market
Active listings
180 days
Nov 2026
Computed from 1,593 active OneKey MLS listings in Brooklyn, NY.
$4,990,000
1 Acre1 ac
5501 4th Avenue
Brooklyn, NY 11220
Listed with RE/MAX Edge
$5,800,000
0.11 Acres0.11 ac
1403 Bay Ridge Parkway
Brooklyn, NY 11228
Listed with Edward Candan
$7,000,000
563 Johnson Avenue
Brooklyn, NY 11237
Listed with Chase Global Realty Corp