191 4th Avenue

$3,995,000
Price
Beds
Baths
6,240 Sq. Ft.
$640 / Sq. Ft.
6,240
Sq. Ft.
$640
per Sq. Ft.

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...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.
  1. Listed by Leonid Sklyar • RE/MAX Edge • Other
  2. Listed by Albert Taye • RE/MAX Edge

Amenities

  • Walk Up
  • Voice Intercom
  • Parking Included
  • Lowrise
LISTING UPDATED: 12/20/2025 09:06 AM

Property Details for 191 4th Avenue

StatusActive
MLS ID493092
Days on Market203
Taxes$15,343 / year
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1920
Lot Size1,760 SF / 22' x 80'
CountyKings County

Building

191 4th Ave

5 Units4 StoriesBuilt in 1920

Location

Listing Courtesy of RE/MAX Edge
Add your commute

Building Information for 191 4th Avenue

Stories4Residences5Year Built1920Lot Size1,760 SF / 22' x 80'Building Age-Building Type-

Payment Calculator

$21,019 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,741

Property Taxes

$1,279

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 191 4th Avenue

Summary
Location and General Information
  • Block: 949
  • Number Of Stories: 2
  • Cross Street Name: Degraw St
  • Cross Street Name: Sackett St
  • Zoning: R8A
  • Roof: Flat
Parking
  • Parking Attributes: Other
  • Parking Feature Single: Street
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 15343.0
  • Gross Expense: 42058.0
  • Gross Income: $252,000.00
  • Cap Rate: .05%
Property
Lot Information
  • Lot Dimensions: 22 x 80
  • Sq Ft Total: 6240
  • Yard: Other
  • Lot Number: 1
  • Lot Size Irregular YN: No
  • Lot Size Length: 80
  • Lot Size Width: 22
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Steam/Radiator
  • Heating Fuel: Gas
  • Hot Water: Gas
  • Fuel Expense: 5592.0
Interior and Exterior Features
Interior Features
  • Basement Amenities: Full
  • Commercial Features Interior: Other
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Laminate
  • Unit Count: 7
  • Lavatories: 4+
  • Construction Materials: Brick
  • Electric: 200 Amp
  • Ceiling Height: 8-10 Foot
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: Other
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1650.0
  • Building Length: 75.0
  • Building Type: Semi-Detached
  • Building Width: 22.0
Unit 1
  • Unit Category: Store
  • Unit Current Rent: 4600.0
  • Unit Floor: 1
  • Unit Status: Leased
  • Unit Unit Type: Retail
Unit 2
  • Unit Baths Full: 1
  • Unit Category: Store
  • Unit Current Rent: 3700.0
  • Unit Floor: 1
  • Unit Status: Month-to-Month
  • Unit Unit Type: Bar
Unit 3
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2350.0
  • Unit Room Description: Apt # 2R one year lease
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Sq Ftper Unit: 800
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 4
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2350.0
  • Unit Room Description: Apt # 2L one year lease
  • Unit Floor: 2
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 5
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 1
  • Unit Baths Total: 2
  • Unit Bedrooms Total: 4
  • Unit Category: Apt
  • Unit Current Rent: 3150.0
  • Unit Room Description: Unit #3r Duplex
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Sq Ftper Unit: 1600
  • Unit Status: Leased
  • Unit Unit Type: 4+ Bedrooms
Unit 6
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2500.0
  • Unit Room Description: Unit # 3L, one year lease
  • Unit Floor: 3
  • Unit Rooms Total: true
  • Unit Sq Ftper Unit: 800
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Unit 7
  • Unit Baths Full: 1
  • Unit Baths Half: 0.0
  • Unit Baths Three Quarter: 0
  • Unit Baths Total: 1
  • Unit Bedrooms Total: 2
  • Unit Category: Apt
  • Unit Current Rent: 2100.0
  • Unit Room Description: Unit # 4L one year Lease
  • Unit Floor: 4
  • Unit Rooms Total: true
  • Unit Status: Leased
  • Unit Unit Type: 2 Bedrooms
Agent
Agent Information
  • Net Operating Income: 210000.0
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Insurance Expense: 12617.0
  • Owner Occupied: No
  • Rent Income: 252000.0

Property History for 191 4th Avenue

DateEvent & SourcePriceAppreciation
Sep 22, 2025

Price Change

BKMLS #493092

$3,995,000
Jul 9, 2025

Price Change

BKMLS #493092

$4,250,000
Jun 2, 2025

Price Change

BKMLS #493092

$4,500,000
Jun 2, 2025

Listed (Active)

BKMLS #493092

$4,250,000
DateEvent & SourcePrice
09/22/2025

Price Change

BKMLS #493092

$3,995,000
07/09/2025

Price Change

BKMLS #493092

$4,250,000
06/02/2025

Price Change

BKMLS #493092

$4,500,000
06/02/2025

Listed (Active)

BKMLS #493092

$4,250,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 191 4th Avenue

This home is within New York City Geographic District #13.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
P.S. 282 Park Slope
PublicPK to 5

Brooklyn Technical High School
Public9 to 12

P.S. 133 William A Butler
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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191 4th Avenue is a mixed use property for sale in Park Slope. This property was listed for sale on June 2, 2025 by RE/MAX Edge, it's currently listed at $3,995,000. This listing's school district is New York City Geographic District #13. Nearby schools include P.S. 282 Park Slope, Ms 266 Park Place Community Middle School and Brooklyn Technical High School. 191 4th Avenue is a 0-bed, 0-bath, 6,240 sqft mixed use property built in 1920.

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Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.