5018 4th Avenue, Brooklyn: Four Story Loft Building with Air Rights: Conversion Opportunity

Four-Story 19,600 SF Corner Loft Building + 1,500 SF Yard for Sale in the Sunset Park Neighborhood of Brooklyn.

Prime for Conversion to Residential Units, Retail, Office or School. Delivered Vacant. Zoned Commercial and Residential

FAR 4.0 – Residential

FAR 5.01 – Inclusionary Housing

FAR 2.0 – Commercial

FAR 4.0 – Community Facility

Zoning Permits for a 25,600 SF Building “as-of-right” or Keep the Existing Structure in Place and Build an Additional 6,000 SF.

Can build 32,064 SF with new Inclusionary “City of Yes”

The Lot Dimensions of the Property are 80′ x 80′ with a 60′ x 80′ Building.

The Total Building Size is 19,600 SF Broken Down as Follows: 4,900 SF – First Floor, 4,900 SF – Second Floor, 4,900 SF – Third Floor, 4,900 SF – Fourth Floor.

Ceiling Heights Range from 13′ – 18′. The Building also has 4,900 SF Basement with 8′ Ceiling Height.

The Property Features One Freight Elevator that Stops on Every Floor Including the Basement, Sprinkler System, Windows on Four Sides on the 3rd and 4th Floors, Windows on Three Sides for 1st & 2nd Floors, One Staircase, One Fire Escape, Gas Heat and Heavy Power.

The Building is Located Across the Street from the Newly Constructed Sunset Park Library, Chase Bank, Blink Fitness and Two Blocks from the 53rd St / 4th Avenue “R” Subway Station

https://www.krgnyc.com/listings/5018-4th-avenue/2/1fqK/