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.
For sale
Price cut: $250K (7/9)
$4,250,000
191 4th Ave, Brooklyn, NY 11217
--beds
6,240sqft
Mixed Use
Built in 1920
1,760 Square Feet Lot
$4,174,600 Zestimate®
$681/sqft
$-- HOA
What's special
Solid brickWell-maintained two-bedroom apartmentsFour bedroomsCorner property
- 79 days
- on Zillow |
- 200 |
- 5 |
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