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Executive Summary

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 will be delivered vacant at the closing
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 1,600-square-foot duplex with four bedrooms, making it ideal for generating premium rental income.

Property Facts

Price $6,176,160 CAD
Price Per Unit $1,235,232 CAD
Sale Type Investment
Cap Rate 8%
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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 - -
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
00949-0001
Land Assessment
$24,087 CAD
Improvements Assessment
$2,125,217 CAD
Total Assessment
$2,149,304 CAD
  • Listing ID: 39892507

  • Date on Market: 2026-03-24

  • Last Updated:

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

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