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191 4th Avenue

BROOKLYN, NY 11217
  • $3,995,000
  • STATUS: Active
  • ON SITE: 162 Days
  • MLS #: 493092
UPDATED: 39 min ago
$3,995,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,240
    SQFT
  • $640
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1920
Area:

School Ratings & Info

Description

Welcome to an exceptional income-producing opportunity in a prime Park Slope location. This solid brick, corner property spans over 6,200 square feet across four stories and includes a five-family residence along with two commercial storefronts.The residential units consist of four well-maintained two-bedroom apartments, plus a spacious 1,600 sq ft duplex featuring four bedrooms"ideal for commanding premium rental income.Currently generating a gross annual income of $252,000 with expenses of approximately $50,000, this property offers a strong upside with projected potential income of $350,000 annually.Whether you're an investor seeking a stable asset in a high-demand area or an end-user looking for a valuable mixed-use property, this is a rare opportunity you won't want to miss.

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© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-12T12:00:23.063.
www.movetonewjersey.com/homes/164452274
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191 4th Avenue BROOKLYN, NY 11217

  • Price: $3,995,000
  • Status: Active
  • On Site: 162 Days
  • Updated: 39 min ago
  • MLS #: 493092
0
Beds
0
Baths
0
½ Baths
0.04
Acres
6,240
SQFT
$640
$/SQFT
1920
Built
Neighborhood:
Brooklyn
County:
Kings (Brooklyn)
Area:
Park Slope
Property Description
Welcome to an exceptional income-producing opportunity in a prime Park Slope location. This solid brick, corner property spans over 6,200 square feet across four stories and includes a five-family residence along with two commercial storefronts.The residential units consist of four well-maintained two-bedroom apartments, plus a spacious 1,600 sq ft duplex featuring four bedrooms"ideal for commanding premium rental income.Currently generating a gross annual income of $252,000 with expenses of approximately $50,000, this property offers a strong upside with projected potential income of $350,000 annually.Whether you're an investor seeking a stable asset in a high-demand area or an end-user looking for a valuable mixed-use property, this is a rare opportunity you won't want to miss.
Exterior Features

Building Length 75.00 Building Width 22.00 Commercial Features Exterior Other Construction Materials Brick Exterior Brick Loading Docks None Lot Dimensions 22 x 80 Lot Size Length 80 Lot Size Width 22 Parking Attributes Other Parking Feature Street Roof Flat Yard Other

Interior Features

Basement Amenities Full Building Footprint Sq Ft 1650 Ceiling Height 8-10 Foot Commercial Features Interior Other Flooring HardwoodLaminate Foundation Details Poured Concrete Heat Delivery Steam/Radiator Lavatories 4+

Property Features

Block 949 Commercial Condo 0 Construction Type Semi-Detached Cross Street Name Degraw St Cross Street Name2 Sackett St Electric 200 Amp Financing 1031 ExchangeBank MortgageCash Fuel Expense 5592.00 Gross Income 252000 Heating Fuel Gas Hot Water Gas Insurance Expense 12617.00 Lot Number 1 Lot Size Irregular YN 0 Net Operating Income 210000.00 Number Of Families 5 Number Of Stores 2 Property Sub Type Mixed Use Property Type Mixed Use Rent Income 252000 Sale Type Arm's Length Tax Amount 15343.00 Transaction Type Sale Zoning R8A

Listing information © 2025 Brooklyn New York Multiple Listing Service, Inc.
Listing provided courtesy of RE/MAX Edge: (718) 612-3088.


© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-11-12T12:00:23.063.
 
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