Closed 1/8/2025

Fully Vacant 6-Unit Building in sunset Park

468 40th Street

Sunset Park

Gross Street 4th & 5th Avenues
Lot SF 3,005
Building SF 5,625
Zoning R6B
Subways
n
r
w
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Multifamily 468 40th Street, Sunset Park
Matthew Cosentino
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Details

Stories 3
Residential Units 6
Commercial Units 0
Building SF 5,625

Overview

TerraCRG has been retained to exclusively represent ownership in the sale of 468 40th Street in the Sunset Park neighborhood of Brooklyn.  The 6-unit building is FULLY VACANT.  The large brick building is 30 ft x 68 ft on a 100 ft Lot.

The property is ideally located 1 block from Sunset Park and just a few blocks from Industry City and the N, R, W & D subway lines.

The building needs a full renovation and is a good candidate for a Substantial Rehabilitation. The units have the potential to be 3/4 bedrooms because each unit has windows on 3 sides and the basement ceiling heights and basement windows allow for the potential to make that usable space.

Property Highlights

Chipotle Mexican Grill
CTown Supermarkets
Duane Reade
Sunset Park
Planet Fitness