Seller's Agent in 2026
Dwayne Powell
Corcoran Group
(917) 309-2414
7 in this area
21 Total Sales
394 4th St Brooklyn, NY 11215
Park Slope Neighborhood
5
Beds
3
Baths
3,300
Sq Ft
1,742
Sq Ft Lot
About This Home
As of January 2026Located in the heart of prime Center Park Slope, this elegant four-story brownstone offers approximately 3,300 square feet of interior space, plus a full basement, on one of the neighborhood's most coveted tree-lined blocks. Rich in original detail and full of untapped potential, the property presents a rare opportunity to craft a truly custom residence or capitalize on a highly adaptable investment asset.
Currently configured as a spacious two-bedroom, one-and-a-half-bath owner's duplex across the garden and parlor levels, the home also features two desirable rental units above: a full-floor, two-bedroom, one-bath apartment, and a bright, top-floor one-bedroom, one-bath. With each unit offering generous proportions and excellent light, the building is well positioned to generate substantial rental income from day one.
The property offers multiple pathways to customize, making it endlessly versatile. You might convert it into a stately single-family home with five or more bedrooms, create an owner's triplex with a garden-level rental, or maintain the current multi-unit layout to maximize income potential. For developers, the townhouse also presents an enticing opportunity for boutique condo conversion, particularly given its location on sought-after 4th Street. The setting places you just moments from Prospect Park, the weekend farmers market, and the shops and cafes of 7th Avenue and 5th Avenue.
Whether you're an end user seeking a dream home to shape over time or an investor looking for a flexible, income-generating asset in one of Brooklyn's most beloved neighborhoods, this classic Park Slope townhouse delivers on both charm and possibility
Last Agent to Sell the Property
Corcoran Group License #40PO1142742 Listed on: 07/22/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,696
Year Built
- Built in 1901
Lot Details
- 1,800 Sq Ft Lot
- Lot Dimensions are 100.00x18.00
Home Design
- Entry on the 1st floor
Interior Spaces
- 3-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
Community Details
- 3 Units
- Park Slope Subdivision
Listing and Financial Details
- Legal Lot and Block 0018 / 00986
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 22, 2025
Closed on
Jan 15, 2026
Sold by
Ngo Sue
Bought by
Watermotor Enterprises Llc
Seller's Agent
Dwayne Powell
Corcoran Group
Buyer's Agent
Paul Murphy
Compass
List Price
$3,850,000
Sold Price
$3,510,000
Premium/Discount to List
-$340,000
-8.83%
Views
140
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$1,250,000
Outstanding Balance
$1,250,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,274,080
Purchase Details
Closed on
Sep 17, 2008
Sold by
Ng Miles
Bought by
Ngo Sue
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $3,510,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,250,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2026 01/22/26 | Price Changed | $3,510,000 | 0.0% | $1,064 / Sq Ft |
| 01/15/2026 01/15/26 | Sold | $3,510,000 | -3.8% | $1,064 / Sq Ft |
| 12/04/2025 12/04/25 | Pending | -- | -- | -- |
| 10/07/2025 10/07/25 | Price Changed | $3,650,000 | -5.2% | $1,106 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $3,850,000 | -- | $1,167 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
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 | $9,153 | $237,360 | $36,480 | $200,880 |
| 2024 | $9,153 | $252,480 | $36,480 | $216,000 |
| 2023 | $8,732 | $238,860 | $36,480 | $202,380 |
| 2022 | $8,154 | $197,700 | $36,480 | $161,220 |
| 2021 | $6,419 | $191,580 | $36,480 | $155,100 |
| 2020 | $6,385 | $210,480 | $36,480 | $174,000 |
| 2019 | $7,944 | $199,980 | $36,480 | $163,500 |
| 2018 | $7,304 | $35,830 | $6,418 | $29,412 |
| 2017 | $6,939 | $34,038 | $7,839 | $26,199 |
| 2016 | $6,805 | $34,038 | $6,663 | $27,375 |
| 2015 | $3,873 | $33,516 | $9,774 | $23,742 |
| 2014 | $3,873 | $31,648 | $11,073 | $20,575 |
Source: Public Records
Agents Affiliated with this Home
-
Dwayne Powell
-
Cathleen Oscar
C
Seller Co-Listing Agent in 2026
Cathleen Oscar
Corcoran Group
(212) 327-0142
2 in this area
12 Total Sales
-
Linda Peng
Seller Co-Listing Agent in 2026
Linda Peng
Corcoran Group
(646) 319-0192
5 in this area
23 Total Sales
-
Sandra Smith-Davis
S
Seller Co-Listing Agent in 2026
Sandra Smith-Davis
Corcoran Group
(917) 588-6448
3 in this area
5 Total Sales
-
Paul Murphy
Buyer's Agent in 2026
Paul Murphy
Compass
(646) 741-1185
6 in this area
44 Total Sales
Map
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20038599
APN: 00986-0018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
This 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.
RLS Data display by Homes.com LLC
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