738 4th Ave Brooklyn, NY 11232
Greenwood Heights NeighborhoodEstimated payment $14,826/month
Highlights
- Wood Flooring
- Heating System Uses Steam
- 1-minute walk to 25 Street
About This Home
Presenting 738 4th Avenue, Brooklyn. A prime mixed-use investment property in a highly desirable and convenient location.
This well-positioned building features a ground-level commercial space currently leased to an established accounting firm, providing immediate and stable income. Above, you’ll find three residential apartments, creating multiple revenue streams under one roof.
The property also includes a full basement, ideal for storage or offering the potential to be finished for additional income or expanded use.
Perfectly suited for investors, this is a turnkey opportunity with cash flow from day one, with upside potential to further maximize returns.
Located just minutes from public transportation, this property offers easy and quick access to Manhattan, making it highly attractive for both residential and commercial tenants.
Don’t miss your chance to own a solid income-producing property in one of Brooklyn’s most active corridors.
Property Details
Property Type
- Other
Lot Details
- 1,285 Sq Ft Lot
- Lot Dimensions are 21.42' x 60'
- Irregular Lot
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Roof
- Stucco Exterior
Interior Spaces
- 4,280 Sq Ft Home
- Unfinished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Laminate
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 110 Volts
- Gas Water Heater
Listing and Financial Details
- Tax Block 648
Community Details
Overview
- 3 Units
Building Details
- Fuel Expense $7,404
- Insurance Expense $2,780
- Utility Expense $3,000
- Gross Income $152,760
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 | $20,011 | $481,050 | $118,800 | $362,250 |
| 2024 | $20,011 | $432,450 | $118,800 | $313,650 |
| 2023 | $18,289 | $400,950 | $118,800 | $282,150 |
| 2022 | $17,883 | $405,450 | $118,800 | $286,650 |
| 2021 | $16,602 | $373,050 | $118,800 | $254,250 |
| 2020 | $7,590 | $407,250 | $118,800 | $288,450 |
| 2019 | $15,466 | $411,300 | $118,800 | $292,500 |
| 2016 | $13,421 | $104,104 | $32,836 | $71,268 |
| 2015 | $8,713 | $96,590 | $32,988 | $63,602 |
| 2014 | $8,713 | $94,711 | $38,826 | $55,885 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $2,499,000 | -- | $584 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $470,000 | -- | |
| Deed | $470,000 | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 500926
APN: 00648-0041
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Ask me questions while you tour the home.