2391 E 4th St Brooklyn, NY 11223
Gravesend NeighborhoodEstimated payment $12,525/month
Highlights
- Intercom to Front Desk
- Tankless Water Heater
- Laundry Facilities
- Wood Flooring
- Multiple cooling system units
- Community Storage Space
About This Home
Prime Multi-Family Brick Home for Sale –
Welcome to this well-maintained brick multi-family home, ideally situated in the highly desirable East 4th Street and Avenue W neighborhood. This versatile property features two spacious residential units, a finished basement, and a private garage—making it a perfect opportunity for both end-users and investors.
Unit 1: 3 Bedrooms, 1 Full Bathroom, Living Room, Dining Room, Modern Kitchen with Top-of-the-Line Appliances, In-Unit Washer & Dryer
Unit 2: 2 Bedrooms, 1 Full Bathroom, Living Room, Dining Room, Modern Kitchen with Premium Appliances, In-Unit Washer & Dryer
Finished Basement: Recreational Room, Office, and 2 Additional Bathrooms – Ideal for extra space
Private Garage: Convenient off-street parking in the rear of the property
This property generates an impressive approximate annual rental income of $107,400. With annual expenses estimated at just $19,275 (including real estate taxes: $10,275, heat: $6,500, and water: $2,500), it offers excellent cash flow and investment potential.
Don’t miss out on this fantastic opportunity to own a solid income-producing property in a prime Brooklyn location!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,275
Year Built
- Built in 1945
Lot Details
- 2,000 Sq Ft Lot
- Lot Dimensions are 20x100
- Back Yard
Parking
- 1 Parking Space
Home Design
- Brick Exterior Construction
- Poured Concrete
- Rubber Roof
- Stucco Exterior
Interior Spaces
- 2,480 Sq Ft Home
- 2-Story Property
- Finished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Multiple cooling system units
- Window Unit Cooling System
- Heat Pump System
- 110 Volts
- Tankless Water Heater
Listing and Financial Details
- Tax Block 7180
Community Details
Overview
- 2 Units
Amenities
- Laundry Facilities
- Intercom to Front Desk
- Community Storage Space
Building Details
- 1 Vacant Unit
- Gross Income $107,400
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,277 | $81,420 | $10,560 | $70,860 |
| 2024 | $10,277 | $70,620 | $10,560 | $60,060 |
| 2023 | $9,759 | $81,720 | $10,560 | $71,160 |
| 2022 | $9,343 | $70,680 | $10,560 | $60,120 |
| 2021 | $9,681 | $66,240 | $10,560 | $55,680 |
| 2020 | $7,261 | $72,420 | $10,560 | $61,860 |
| 2019 | $5,248 | $72,420 | $10,560 | $61,860 |
| 2018 | $4,659 | $40,488 | $4,409 | $36,079 |
| 2017 | $5,765 | $38,336 | $5,976 | $32,360 |
| 2016 | $5,549 | $38,336 | $8,071 | $30,265 |
| 2015 | $3,185 | $37,140 | $11,760 | $25,380 |
| 2014 | $3,185 | $35,532 | $11,251 | $24,281 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Price Changed | $2,190,000 | -8.8% | $883 / Sq Ft |
| 07/16/2025 07/16/25 | For Sale | $2,400,000 | +100.0% | $968 / Sq Ft |
| 06/30/2020 06/30/20 | Sold | $1,200,000 | 0.0% | $484 / Sq Ft |
| 06/05/2020 06/05/20 | Pending | -- | -- | -- |
| 01/07/2014 01/07/14 | For Sale | $1,200,000 | -- | $484 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Unknown |
Source: Brooklyn Board of REALTORS®
MLS Number: 494239
APN: 07180-0031
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