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191 4th Avenue 191 4th Ave 5 Unit Apartment Building $5,576,701 CAD ($1,115,340 CAD/Unit) 5.26% Cap Rate Brooklyn, NY 11217

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INVESTMENT HIGHLIGHTS

  • Heavy traffic
  • Lots of natural lights

EXECUTIVE SUMMARY

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, a retail store and a bar. 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.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,576,701 CAD
Price Per Unit $1,115,340 CAD
Sale Type Investment
Cap Rate 5.26%
No. Units 5
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.05 AC
Building Size 6,239 SF
No. Stories 4
Year Built 1920
Zoning R8A - High density residential district

AMENITIES

UNIT AMENITIES

  • Heating
  • Kitchen
  • Oven
  • Tub/Shower
Walk Score®
Walker's Paradise (98)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00949-0001
Land Assessment
$24,646 CAD
Improvements Assessment
$1,891,408 CAD
Total Assessment
$1,916,054 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37149194

  • Date on Market: 2025-08-06

  • Last Updated:

  • Address: 191 4th Ave, Brooklyn, NY 11217

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