Skip to content

191 4th Avenue, Brooklyn, New York, 11217

$4,500,000

0

Beds

Bathrooms

6,240

Building Sqft

0.04

Acres

1,760

Lot Sqft

About 191 4th Avenue

Welcome to an exceptional income-producing opportunity in the prime location of Park Slope. This solid brick corner property covers over 6,200 square feet across four stories and features a five-family residence alongside two commercial storefronts.
All five residential units and one store will be delivered vacant at the closing
Zoning is C4- D4/R8A; this building has 8712 SqFt of unused air rights,

The residential units include four well-maintained two-bedroom apartments and a spacious 1,600-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate $400,000 in gross income annually. very low expenses of a total of $50,000 a year

Whether you are 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 that you won’t want to miss.

Features of 191 4th Avenue

MLS® #
499964
Acres
0.04
Type
Mixed Use
Price
$4,500,000
Square Footage
6,240
Year Built
1920
Sub-Type
Mixed Use

Community Information

Address
191 4th Avenue
City
Brooklyn
County
Kings (Brooklyn)
State
New York
Zip Code
11217

Listing Information

Agent Name
Albert Taye
Agent Office
RE/MAX Edge

Get Directions to Property:

Payment Calculator

(718) 987-7900