BEDS3
BATHS4 full
SQUARE FEET12,424
MLS#RLS20035055
STATUSPending
PROPERTY TYPEResidential -
SUBDIVISIONSunset Park
Property Description
Welcome to 4802 6th Avenue, a beautiful Neo-Gothic church and ancillary manse on a prime corner in the Central Sunset Park Historic District. This opportunity has multiple avenues wherein a knowledgeable investor could utilize the unique site characteristics to achieve above-market returns by any or all of the following methods:1. Since it is in a historic district, as well as a QCT, by converting the interior to 18,000 residential SF (23,400 with UAP) you would qualify for Historic Tax Credits (additional information on page 12) resulting in the reimbursement of up to 50% of your renovation/development costs;2. The City of Yes changes for historic district Air Right Transfers (additional information on page 10) allow you to sell your air rights to 61 (!) different lots on or around this block;3. The property is located in an Opportunity Zone (OZ) allowing for the deferment of current and future capital gains taxes.These unique characteristics would also work well for an end-user, such as a church, school, club, or non-profit.Feel free to reach out to to discuss these possibilities, to arrange a showing, or to make an offer.
Property Features
Property Type: Residential -
Basement: Partial
Lot Size: 0.14 Acres
Stories: 1.0
Taxes: $38,364
Year Built: 1905
Amenities
Chandelier
Private Outdoor Space Over 60 Sqft
Feature Descriptions
Days on Site: 357
Flooring: Concrete
Laundry: See Remarks
Lot: Corner Lot
Lot Dimensions: 60.000000x100.000000
Parcel#: 00775-0044
Pets Allowed: Building No, No
Special View Info: City
Units: 1
Listed By / Shown By
Listed By
Agency Name: Compass
Agency Phone: (212) 913-9058
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimate Your Payment
Estimated Payment
$ 13,265.93 per month $8,902.27 Principal & Interest $3,197.00 Property Tax $1,166.67 Homeowner's InsuranceChange Payment Information
Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
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4802 6th Avenue | MLS# RLS20035055
This home located at 4802 6th Avenue, Brooklyn, NY 11220 is currently listed for sale with an asking price of $4,000,000. This property was built in 1905 and has 3 bedrooms and 4 full baths with 12424 sq. ft. 6th Avenue is located in the Sunset Park subdivision. Search Sunset Park real estate on www.joycerealty.com today.