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for saleRealtyLens property overview
$2,500,000
5622 4th Ave
Brooklyn, NY, 11220
View more Brooklyn, NY property pages23Beds
8Baths
8,492Sqft
$294$/sqft
Listing Notes
SENSATIONAL SUNSET PARK OPPORTUNITY!! OWNER FINANCING AVAILABLE Well maintained, extra-large(8500 sqft bldg size) solid brick 8 family building for sale featuring 2 and 3 bedroom apts. The 2 ground floor owner's apts will be DELIVERED VACANT. This property is close to the N & R trains, shopping, schools and the NYU Langone hospital. The potential rent roll will be approximately $140,000 which includes 2 owner's apts at $1,800 each. Don't miss out on this outstanding opportunity to own a prized piece of real estate in one of Brooklyn's most desirable & sought-after neighborhoods...
Market Insights
Below nearby median-59%
$294/sqft vs a nearby median of $720/sqft.
Nearby median$720/sqft
Nearby properties8
Property size8,492 sqft
- -59% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 8,492 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$5.95M$5.41M – $6.48M · 50% confidence
vs ask $2.50M−$3.45M (−138.0%)
Asking price is about 138.0% below the fair value — likely to draw competing offers if it's still on market.
$719/sqft median across 6 tight comps × 8,492 sqft= $6.10M
- Open Class C HPD violations−$275k −4.5%
- Transit access+$244k +4.0%
- Days-on-market gravity−$183k −3.0%
- Pre-war character+$153k +2.5%
- Visible condition issues−$92k −1.5%
Cumulative NYC adjustments−$153k−2.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 1,076 days
- Last price change
- No change recorded
- Listed
- Jun 1, 2023
- Photos
- 2 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Two Or More StoriesRental PropertyMedicalcareShopping
Building Facts
- Year built
- 1904
- Stories
- 4
- Total units
- 8
- Residential units
- 8
- Building area
- 8,492 sqft
- Lot size
- 3,333 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C1
From NYC public records where available.
Price History
May 4, 2026Initial record
$2,500,000for sale
Public Records
DOB violations5 open
13 total recorded against the building
HPD violations92 open
3 class C (immediately hazardous)
ACRIS documents17
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)31,227
Top: illegal parking
Top complaint types in ZIP 11220
- Illegal Parking7,350
- Blocked Driveway2,421
- Noise - Residential2,077
- HEAT/HOT WATER1,694
- Noise - Street/Sidewalk1,477
Recent DOB
- Oct 1, 2015V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Mar 3, 2015V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Mar 1, 2013V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
- Dec 13, 2011V*-DOB VIOLATION - DISMISSED · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
Recent HPD
- Apr 30, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 19, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 5, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.