191 4th Ave - Apartments FOR SALE


Brooklyn, NY 11217- Park Slope
$4,250,000 USD
347-515-3898
191 4th Ave, Brooklyn, NY for Sale
$4,250,000 USD
Apartments - FOR SALE
1/6
null | 4.94% Cap Rate

191 4th Ave
Brooklyn, NY 11217
Park Slope


OVERVIEW

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, a retail store and a bar. 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.

FOR SALE DETAILS

PRICE

$4,250,000 USD

PRICE/SF

$681 USD /SF

# OF UNITS

5

PRICE/UNIT

$850,000

CAP RATE

4.94%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

191 4th Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,043 SF

ZONING

R8A

APN/PARCEL ID

00949-0001

ASK ABOUT THIS PROPERTY

Leonid SklyarRE/MAX EdgeMore Info
347-515-3898

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Leonid SklyarRE/MAX EdgeMore Info
347-515-3898

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.