191 4th Ave Brooklyn, NY 11217
Park Slope NeighborhoodEstimated payment $25,038/month
Highlights
- Wood Flooring
- 1-minute walk to Union Street
- Back Yard
- P.S. 282 Park Slope Rated A
- Heating System Uses Steam
- 4-minute walk to Park Slope Playground
About This Home
Welcome to an exceptional income-producing opportunity in the prime location of Park Slope. This solid brick corner property covers over 6,200 square feet across four stories and features a five-family residence alongside two commercial storefronts.
All five residential units and one store will be delivered vacant at the closing Zoning is C4- D4/R8A; this building has 8712 SqFt of unused air rights, The residential units include four well-maintained two-bedroom apartments and a spacious 1,600-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate $400,000 in gross income annually. very low expenses of a total of $50,000 a year Whether you are an investor seeking a stable asset in a high-demand area or an end-user looking for a valuable mixed-use property, this is a rare opportunity that you won't want to miss.
Property Details
Property Type
- Other
Est. Annual Taxes
- $16,406
Year Built
- Built in 1920
Lot Details
- 1,760 Sq Ft Lot
- Lot Dimensions are 22 x 80
- Back Yard
- Property is zoned R8A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 6,240 Sq Ft Home
- 4-Story Property
- Basement Cellar
Flooring
- Wood
- Laminate
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 200+ Amp Service
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 949
Community Details
Overview
- 5 Units
Building Details
- Fuel Expense $7,800
- Insurance Expense $12,617
- Utility Expense $900
- Gross Income $327,600
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | For Sale | $4,500,000 | -- | $721 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 499964
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Ask me questions while you tour the home.