For Sale

Listed by Albert Taye and Leonid Sklyar

Source: Brooklyn Board of REALTORS® #501375

191 4th Avenue, New York, NY, 11217

$4,250,000

6240 sq. ft.
0.04 ac.

SingleFam

5 days on the market

What's around 191 4th Avenue

About this property

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.

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