4-Story Loft Building For Sale in Sunset Park: Build 25,600 SF “As-of-Right”

Unlock endless possibilities at 5018 4th Avenue, a rare four-story, 19,600 SF corner loft building in the vibrant heart of Sunset Park, Brooklyn. This expansive property, delivered vacant, offers a unique conversion opportunity for residential, retail, office, or community facility use. With flexible zoning (FAR up to 5.01 for inclusionary housing), you can build up to 32,064 SF under the new ‘City of Yes’ initiative or keep the existing structure and add 6,000 SF. The lot spans 80′ x 80′, with a 60′ x 80′ building footprint and a 1,500 SF private yard—ideal for outdoor amenities or parking. 🏢🌳

Inside, enjoy soaring ceiling heights from 13′ to 18′, abundant natural light from windows on three or four sides, and a 4,900 SF basement with 8′ ceilings. The building is equipped with a freight elevator servicing all floors, a modern sprinkler system, heavy power, gas heat, and robust safety features. Its flexible open layouts and industrial character make it perfect for creative redevelopment, whether as luxury lofts, boutique offices, or a mixed-use hub. 🛗⚡

Location is unbeatable—across from the brand-new Sunset Park Library, Chase Bank, and Blink Fitness, and just two blocks from the 53rd St/4th Ave ‘R’ subway station for easy Manhattan access. The neighborhood buzzes with diverse dining, shopping, and cultural venues, making this a prime investment for developers and end-users alike. Seize this exclusive opportunity to shape the future of Sunset Park! 🚇🏙️

Location Advantages:

• 🚇 Two blocks from 53rd St/4th Ave ‘R’ Subway Station—fast Manhattan commute

• 📚 Across from the new Sunset Park Library

• 🏦 Chase Bank and Blink Fitness directly across the street

• 🛒 Steps to grocery stores, including Key Food and local markets

• 🍽️ Surrounded by diverse restaurants: Tacos El Bronco, Ba Xuyên, Industry City Food Hall

• 🏥 Near NYU Langone Hospital Brooklyn and several urgent care centers

• 🏫 Close to top-rated schools: P.S. 503, P.S. 506, Sunset Park High School

• 🌳 Minutes to Sunset Park and Bush Terminal Piers Park for recreation

• 🛍️ Shopping at Industry City, Costco, and 5th Avenue boutiques

• 🎭 Easy access to Brooklyn Academy of Music, Nitehawk Cinema, and local theaters

• 🖼️ Short ride to Brooklyn Museum and Brooklyn Botanic Garden

• 💪 Blink Fitness and other gyms within walking distance

• 🚗 Quick access to Gowanus Expressway and major bus routes