407 E 4th St Brooklyn, NY 11218
Kensington NeighborhoodEstimated payment $12,317/month
Highlights
- Wood Flooring
- 4 Car Detached Garage
- Heating System Uses Steam
- Ditmas Junior High school Rated A-
- Back, Front, and Side Yard
- Private Driveway
About This Home
Kensington 3 family with private driveway! This fully detached 7-bedroom, 3-bath home sits on a quiet residential block and features a rare private driveway plus a spacious rear yard—ideal for outdoor dining, gardening. The layout offers three well-proportioned apartments, perfect for an end-user seeking supplemental rental income or an investor looking for a rental income. Each residence enjoys great natural light, high ceilings, and flexible room configurations. The top two floors can function as two- or three-bedroom layouts depending on use, while the first-floor unit offers direct access to the backyard. A full basement provides exceptional storage and workshop potential. Prime Kensington convenience: moments to neighborhood cafés, markets, and Ocean Parkway; near Prospect Park and Ditmas/Prospect Park South amenities. Easy transportation options with nearby F/G subway lines and local bus routes, plus quick access to the Prospect Expressway and Belt Parkway.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,396
Lot Details
- 3,750 Sq Ft Lot
- Lot Dimensions are 100 x 37
- Partially Fenced Property
- Back, Front, and Side Yard
Home Design
- Poured Concrete
- Wood Frame Construction
- Pitched Roof
- Siding
Interior Spaces
- 3,372 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Parking
- 4 Car Detached Garage
- Private Driveway
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 5356
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $5,710
- Insurance Expense $4,092
- Utility Expense $530
- Gross Income $69,000
- Net Operating Income $44,522
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 | $9,436 | $144,420 | $31,740 | $112,680 |
| 2024 | $9,436 | $117,960 | $31,740 | $86,220 |
| 2023 | $9,541 | $113,640 | $31,740 | $81,900 |
| 2022 | $6,980 | $109,620 | $31,740 | $77,880 |
| 2021 | $9,256 | $111,180 | $31,740 | $79,440 |
| 2020 | $4,341 | $78,840 | $31,740 | $47,100 |
| 2019 | $8,189 | $78,840 | $31,740 | $47,100 |
| 2018 | $7,980 | $39,148 | $18,024 | $21,124 |
| 2017 | $7,920 | $38,851 | $19,705 | $19,146 |
| 2016 | $7,327 | $36,652 | $20,916 | $15,736 |
| 2015 | $4,421 | $34,579 | $21,313 | $13,266 |
| 2014 | $4,421 | $32,624 | $24,129 | $8,495 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/22/2025 09/22/25 | Price Changed | $2,195,000 | -6.6% | $651 / Sq Ft |
| 08/19/2025 08/19/25 | For Sale | $2,350,000 | -- | $697 / Sq Ft |
| 08/19/2025 08/19/25 | Pending | -- | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 495133
APN: 05356-0073
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