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    191 4Th Ave Brooklyn, NY 11217

    For Sale
    $3,995,000

    Mixed Use - Brooklyn, NY

    Type:Mixed Use
    Property size:
    6,240 SF
    Lot size:
    0.04 Acres
    Days on Market:
    75
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 191 4Th Ave

    General Information

    Property type
    Other
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    R8A
    Size
    6,240 SF
    Lot size
    0.04 Acres

    Utilities

    Heating system
    Natural Gas, Other (Heating), Steam

    Building Details

    Year built
    1920
    Floors in Building
    4
    Flooring type
    Hardwood, Laminate
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Womcore LLC dba Remax Edge (718) 612-3088 [email protected]

    Listing agent Leonid Sklyar (718) 612-3088

    Listing date Sep 22, 2025

    MLS# 493092 Listing URL

    Copyright © 2025 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Park Slope

    This four-story, solid brick corner property in Park Slope encompasses over 6,200 square feet and features a mixed-use configuration. The property includes a five-family residence and two commercial storefronts. The residential component consists of four two-bedroom apartments and a 1,600 sq ft duplex with four bedrooms. The property currently generates a gross annual income of $252,000, with approximately $50,000 in expenses. There is a projected potential income of $350,000 annually. Situated on a lot of approximately 0.04 acres, this property is zoned R8A.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Modern Chemist - GOWANUS Pharmacy

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.982445
    Latitude
    40.678174

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    FAQs

    What type of property is this?
    Mixed-use property - Income-producing mixed-use property in prime Park Slope location.
    Where is this mixed-use property located?
    The property is located at 191 4Th Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $3,995,000.
    What are key features of this property?
    This property features: - High Income-Producing Property: Generates $252,000 annually with potential to reach $350,000.; - Prime Park Slope Location: A highly desirable and high-demand area.; - Mixed-Use Property: Features five residential units and two commercial storefronts.
    (718) 612-3088
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    191 4Th Ave Brooklyn, NY 11217
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    Brooklyn, NY 11217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    191 4Th Ave Brooklyn, NY 11217
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