394 4th St Brooklyn, NY 11215
Park Slope NeighborhoodEstimated payment $21,140/month
About This Home
OPEN HOUSE THIS SUNDAY BY APPOINTMENTS ONLY!!!!!
Located in the heart of prime Center Park Slope, this elegant four-story brownstone offers nearly 3,100 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
Open House Schedule
-
Appointment Only Open HouseSunday, September 21, 20251:00 to 2:30 pm9/21/2025 1:00:00 PM +00:009/21/2025 2:30:00 PM +00:00Add to Calendar
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
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 | $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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/22/2025 07/22/25 | For Sale | $3,850,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $9,605 | Unknown |
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. ©2025 The Real Estate Board of New York, Inc., All rights reserved.
RLS Data display by Homes.com LLC
- 462 6th St Unit 4A
- 457 6th St
- 445 5th Ave Unit 27-28B
- 445 5th Ave Unit 24F
- 445 5th Ave Unit 27H
- 449 7th St
- 464 5th St
- 428 7th St
- 407 6th Ave Unit 1
- 407 6th Ave Unit 2
- 422 4th St
- 350 6th Ave Unit 4
- 350 6th Ave Unit 3
- 350 6th Ave Unit GARDEN
- 350 6th Ave Unit 2
- 393 8th St Unit 4
- 421 4th St Unit 1
- 438 4th St Unit 4B
- 382 7th St Unit 3
- 442 3rd St Unit 4
- 330 6th Ave
- 432 3rd St
- 366 6th Ave Unit TH
- 469 4th St Unit 4B
- 388 3rd St
- 533 3rd St Unit 5
- 358 8th St
- 543 3rd St
- 543 3rd St Unit 1
- 393 5th Ave Unit 5
- 370 5th Ave Unit 3R
- 339 2nd St
- 592 3rd St
- 532 10th St Unit 3
- St Unit ID1032142P
- 806 President St Unit 1B
- 267 6th St Unit 2E
- 369 7th Ave Unit 4A
- 369 7th Ave Unit 4C
- 511 9th St Unit FL3-ID1850