191 4th AVE Active

Brooklyn,NY 11217

$ 4500000

- Bed

- Bath

6240 SqFt


Key Details

Property Type Other Rentals

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,240 sqft

Price per Sqft $721

MLS Listing ID 493092

Year Built 1920

Annual Tax Amount $15,343

Lot Dimensions 22 x 80

Property Sub-Type Mixed Use

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.

Location

State NY

County Kings (brooklyn)

Area Park Slope

Zoning R8A

Rooms

Basement Full

Interior

Interior Features Other

Hot Water Gas

Heating Gas

Flooring Hardwood,Laminate

Heat Source Gas

Exterior

Exterior Feature Brick

Roof Type Flat

Building

Story 4

Foundation Poured Concrete

Others

Energy Description Gas

Financing 1031 Exchange,Bank Mortgage,Cash

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