About 191 4th Avenue
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.
Features of 191 4th Avenue
| MLS® # | 916163 |
|---|---|
| Price | $3,995,000 |
| Bathrooms | 0.00 |
| Square Footage | 6,240 |
| Acres | 0.00 |
| Year Built | 1920 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 191 4th Avenue |
|---|---|
| City | Brooklyn |
| County | Kings (Brooklyn) |
| State | NY |
| Zip Code | 11217 |
Additional Information
Listing Details
| Office | RE/MAX Edge |
|---|---|
| Office Contact | 718-288-3835 |