$3,995,000

191 4th Ave Brooklyn, NY 11217

Park Slope Neighborhood

Estimated payment $22,210/month

Total Views 3,946
-- Bed
-- Bath
6,240 Sq Ft
$640 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-minute walk to Union Street
  • 4-minute walk to Park Slope Playground
  • P.S. 282 Park Slope Rated A
  • Heating System Uses Steam

About This Home

Welcome to an exceptional income-producing opportunity in a prime Park Slope location. This solid brick, corner property spans over 6,200 square feet across four stories and includes a five-family residence along with two commercial storefronts. The residential units consist of four well-maintained two-bedroom apartments, plus a spacious 1,600 sq ft duplex featuring four bedrooms—ideal for commanding premium rental income. Currently generating a gross annual income of $252,000 with expenses of approximately $50,000, this property offers a strong upside with projected potential income of $350,000 annually. Whether you're 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 you won't want to miss.

Listing Agent

Leonid Sklyar

RE/MAX Edge License #10301207131 Listed on: 06/02/2025

RE/MAX Edge

Co-Listing Agent

Albert Taye

RE/MAX Edge License #30TA0927395

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $15,343

Year Built

  • Built in 1920

Lot Details

  • 1,760 Sq Ft Lot
  • Lot Dimensions are 22 x 80
  • Property is zoned R8A

Parking

  • On-Street Parking

Home Design

  • Mixed Use
  • Flat Roof Shape
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 6,240 Sq Ft Home
  • 4-Story Property
  • Ceiling height between 8 to 10 feet
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Laminate

Utilities

  • Heating System Uses Steam
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Block 949

Community Details

Overview

  • 5 Units

Building Details

  • Fuel Expense $5,592
  • Insurance Expense $12,617
  • Gross Income $252,000
  • Net Operating Income $210,000

Property Details

Property Type

Other

Est. Annual Taxes

$15,343

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Basement Amenities: Full
  • Borough: Brooklyn
  • Building Length: 75.00
  • Building Width: 22.00
  • Co List Office Mls Id: 118210
  • Co List Office Phone: (718) 612-3088
  • Commercial Condo Y N: No
  • Commercial Features Exterior: Other
  • Commercial Features Interior: Other
  • Confirmed By M L S Y N: Yes
  • Cross Street: Degraw St
  • Cross Street Name2: Sackett St
  • Heat Delivery: Steam/Radiator
  • Number Of Families: 5
  • Parking Attributes: Other
  • Parking Feature Single: Street
  • Property Sub Type: Mixed Use
  • Prop. Type: Mixed Use
  • Fill Sq Ft Total: 6240
  • Building Stories: 4
  • Street Name I D X: 4th
  • Year Built: 1920
  • Special Features: None
  • Stories: 4

Interior Features

  • Ceiling: 8-10 Foot
  • Flooring: Hardwood, Laminate
  • Lot Sq Ft: 1760

Exterior Features

  • Yard: Other
  • Exterior Building Type: Semi-Detached
  • Construction Type: Brick
  • Exterior: Brick
  • Foundation Details: Poured Concrete
  • Lot Number: 1
  • Roof: Flat

Utilities

  • Electric: 200 Amp
  • Heating Fuel: Gas
  • Hot Water: Gas

Fee Information

  • Annual Fuel Expense: 5592.00

Lot Info

  • Lot Dimensions: 22 x 80
  • Lot Size Irregular: No
  • Lot Size Length: 80
  • Lot Size Width: 22
  • Zoning: R8A

Rental Info

  • Rent Income: 252000

Multi Family

  • Annual Gross Expense: 42058.00
  • Annual Gross Income: 252000
  • Insurance Expense: 12617.00
  • Property Net Operating Income: 210000.00
  • Unit Count: 7

Tax Info

  • Flip Tax Amount: 15343.00

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Price Changed $3,995,000 -6.0% $640 / Sq Ft
07/09/2025 07/09/25 Price Changed $4,250,000 -5.6% $681 / Sq Ft
06/02/2025 06/02/25 For Sale $4,500,000 -- $721 / Sq Ft
Source: Brooklyn Board of REALTORS®

Source: Brooklyn Board of REALTORS®

MLS Number: 493092

Brooklyn Board of REALTORS®
New York Kings County Brooklyn 11217 Park Slope

191 4th Ave, Brooklyn, NY

For Sale

Other

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Leonid Sklyar
Listing Agent
Leonid Sklyar
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RE/MAX Edge
(347) 572-7853