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191 4th Avenue

New York NY 11217

6240 sq. ft.
0.04 ac.
Single-Family
Currently for sale - view listing

Overview

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 are vacant, 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 1,500-square-foot duplex with four bedrooms, making it ideal for generating premium rental income. Currently, the property is projected to generate about $400,000 in gross income annually. very low expenses of a total of about $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

6240 sq. ft. floor area
0.04 ac. lot size
Single-Family

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