191 4th Ave Brooklyn, NY 11217
Park Slope NeighborhoodEstimated payment $24,308/month
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 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 are vacant, 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 1,500-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate about $400,000 in gross income annually. very low expenses of a total of about $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
- $16,488
Year Built
- Built in 1920
Lot Details
- 1,760 Sq Ft Lot
- Lot Dimensions are 80 x 22
Home Design
- Mixed Use
- 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
- Insurance Expense $12,066
- Utility Expense $9,800
- Gross Income $395,400
- Net Operating Income $345,081
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2026 05/13/26 | For Sale | $4,250,000 | -- | $681 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 501375
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