Milton Coste

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(917) 416-7433

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4820 Ave N

Pending · Listing by Compass

4820 Ave N

Flatlands, Brooklyn

$999,999

Pending For Sale • Mixed Use

$999,999

$455 per sq ft

4820 Ave N

Flatlands, Brooklyn

MLS® #RLS20116324

RLS at REBNY

Listing by Compass

3
Bedrooms
2.5
Baths
2,200
Sq. Ft.
1931
Year Built

Quick Summary

Bedrooms 3
Bathrooms 3 full, 1 half
Living Area 2,200 sq ft
Lot Size 1,950 sq ft
Year Built 1931
Ownership None
Property Taxes $6,396/yr
Neighborhood Flatlands
Floor 1 of 2

Property Highlights

  • Character: Pre-war building (1931)

Property Details

Type Mixed Use
Ownership None
Total Rooms 6
Baths 2 Full, 1 Half
Floor 1 of 2
Pets Yes
Year Built 1931
Living Area 2,200 sq ft
Structure Type MixedUse
Furnished Unfurnished
Lot Size 1,950 sq ft
Parcel # 07893-0048
Block/Lot 05050/0505

Listing History

Event Date Price Change
Listed Sep 19, 2026 $999,999 -
Currently Sep 27, 2026 $999,999 -

Description

Introducing Flatlands mixed-use opportunity at 4820 Avenue N — a prime investment and end-user property featuring a fully renovated vacant storefront in a high-visibility neighborhood location. After being occupied by the same business for over 10 years, the commercial space is now available and ready for its next chapter, making it an excellent opportunity for an owner-user or investor looking to establish or expand a business in a thriving Brooklyn community. The storefront has been completely redone since the previous tenant vacated and offers additional access to both a private basement and backyard, providing valuable extra storage and flexibility for a variety of business uses. Above the commercial space are two residential income-producing apartments: • Apartment 2R – currently rented for $1,850/month with lease expiring 11/30/2026 • Apartment 2F – currently rented for $1,700/month with lease expiring 10/31/2026 Whether you are looking for a strong mixed-use investment, a storefront for your own business, or a property with future upside potential, 4820 Avenue N offers a rare opportunity in a desirable Brooklyn location.

Features & Amenities

Interior Features

See Remarks

Exterior Features

Private Outdoor Space Over60 Sqft

Building Information

Building Data View Compliance & Permits
Total Units 3
Stories 2
Structure MixedUse

Financial Details

RE Taxes $6,396/yr ($533/mo)

Flatlands is a southeastern Brooklyn neighborhood of single-family detached homes, two-family brick houses, and low-rise apartment buildings on a flat grid of residential streets. The B/Q trains at the Kings Highway and Avenue U stations serve the western portion, and local buses provide additional connections. Floyd Bennett Field, the city's first municipal airport and now a national recreation area, borders the southern edge.

Flatlands Live Market Data

View Neighborhood

Active Listings

8

Median Asking Price

$765K

Median $/Sqft

$519

Avg Days on Market

N/A

New This Week

1

Price Reduced

38%

Sold (30 Days)

1

Median Sale Price

$420K

Live data from RLS at REBNY • Updated 9/27/26, 8:20 AM EST

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Location

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4820 Ave N, Flatlands, Kings County

Floor Plans

Floor Plan 1

Building Information

Official NYC property records for this building

1931
Year Built
95 years old
2
Floors
2
Residential Units
R3-2
Zoning District
Primarily Residential Mixed Use

Tax & Assessment

Assessed Value: $45,240
Land Value: $12,120
Exemptions: $0

Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.

Lot Area: 1,950 SF
Building Area: 2,200 SF
Built FAR: 1.13
Allowed FAR: 0.75

Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)

Want help estimating ownership costs or understanding building compliance? Let's discuss

Frequently Asked Questions

Common questions about this property

The current listed common charges are $0 per month. Confirm the exact amount with Milton Coste before making an offer.

The current listed annual property tax is $6,396, or roughly $533 per month. Verify the current assessment with your attorney before closing.

This property has 3 bedrooms and 2 full bathrooms and 1 half bathroom.

The listed interior living area is 2,200 square feet. Verify dimensions independently during due diligence.

According to MLS records, the building was constructed in 1931, making it approximately 95 years old.

This listing is None

Pet policy requires confirmation with Milton Coste.

At the current list price of $999,999 for 2,200 sq ft, the asking price per square foot is approximately $455. This figure is for reference only and may differ from appraised or assessed values.

To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.

Have a question not answered here?

(917) 416-7433
MLS® ID: RLS20116324
First Listed: 9/21/2026
On Market: 9/19/2026
Price Changed: 9/21/2026
Pending Since: 9/21/2026
Contract Date: 6/16/2025

Listing Courtesy of Compass - Daniel Belisario

Listing Contact: (917) 215-4489

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 9/27/2026 at 12:20 PM UTC

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Flatlands Market Update

1 sale last 30 days · $765K median · 8 months supply

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New listings in this neighborhood

Quick Facts

Status Pending
Type Mixed Use Neighborhood Flatlands Borough Brooklyn
County Kings
Floor 1 of 2
Year Built 1931
First Listed 9/21/2026
Living Area 2,200 sqft
Annual Tax $6,396

Monthly Costs Estimate

Down Payment 20%

$200,000

Interest Rate Loading...

Source: Freddie Mac PMMS

Loan Term 30 years

Est. Monthly Payment

$0

Principal & Interest $0
PMI (under 20% down) $0
Est. Taxes $533
Total Monthly $0

Estimates only. Consult a lender for exact figures.

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