Four-Story Mixed-Use
For Sale
Under Contract
$6,200,000
129 S 4th Street, Brooklyn, NY 11249
Residential Income, Brooklyn, NY
Property Size16,435 SF
Lot Size0.09 Acres
Price / SF$377.24
Days on Market320
Property Features for 129 S 4th Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Mixed Use
Bedrooms
35
Bathrooms
14
Full bathrooms
14
Rooms
Bedroom 34, Bathroom 4, Bedroom 18, Bedroom 20, Bedroom 4, Bedroom 16, Bathroom 5, Bedroom 7, Bedroom 35, Bedroom 2, Bedroom 28, Bedroom 12, Bedroom 9, Bathroom 8, Bedroom 26, Bedroom 29, Bathroom 6, Bedroom 5, Bedroom 23, Bedroom 30, Bathroom 2, Bathroom 13, Bedroom 19, Bathroom 3, Bedroom 22, Bedroom 17, Bedroom 31, Bathroom 11, Bedroom 11, Bedroom 21, Bedroom 14, Bedroom 27, Bedroom 13, Bathroom 7, Bathroom 10, Bathroom 12, Bedroom 8, Bedroom 10, Bedroom 33, Bathroom 14, Bedroom 3, Bathroom 9, Bedroom 32, Bedroom 24, Bedroom 25, Bedroom 1, Bedroom 15, Bedroom 6, Bathroom 1
Subdivision
Williamsburg
Standard status
Active Under Contract
Lot size
0.09 Acres
Building Details
Year built
1910
Floors in Building
4
Building materials
Brick
Listing Agency:
EVERGREEN REALTY & INVESTMENTS
(646) 838-1378
Listed By:
Emma Barattini
(815) 252-4110
Added: Nov 20, 2025
Changed: Sep 15
Last Checked: Oct 6 at 8:06PM
MLS# 11609598
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This four-story, brick mixed-use building contains over 16,435 square feet on a 4,109 square-foot lot. The configuration includes 3 retail spaces and 14 apartments, with residential occupancy divided among 4 rent-stabilized units, 2 rent-controlled units, and 8 free-market units. Constructed in 1910, the building measures 47.5' x 86.5'.
The property occupies the corner of 129 S 4th Street and Bedford Avenue in Brooklyn, with over 47 feet of frontage on Bedford Avenue and over 86 feet along 4th Street. Its mixed retail and residential layout provides distinct commercial and apartment components within one four-story asset.
The property occupies the corner of 129 S 4th Street and Bedford Avenue in Brooklyn, with over 47 feet of frontage on Bedford Avenue and over 86 feet along 4th Street. Its mixed retail and residential layout provides distinct commercial and apartment components within one four-story asset.
Key Highlights
- Over 16,435 square feet in a four‑story building
- 3 retail spaces and 14 apartments
- Residential mix includes 4 rent‑stabilized, 2 rent‑controlled, and 8 free‑market units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$501,743
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,034,860
$10.0M
Cap Rate 7%
$7,167,757
$7.2M
Cap Rate 9%
$5,574,922
$5.6M
Market Conditions
NOI Build-Up for 16,435 SF
Gross rent
$930.9K $56.64/SF
− Vacancy
−$18.6K −$1.13/SF
EGI
$912.3K $55.51/SF
− OpEx
−$410.5K −$24.98/SF
NOI
$501.7K $30.53/SF
Area
Brooklyn, NY
Vacancy
2.00%
Lease Rate
$56.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$10,034,860
Cap Rate 7%
$7,167,757
Cap Rate 9%
$5,574,922
Alternative Uses
Best Use
Retail
$11.26M
$9.85M – $13.14M
NOI $788,134 @ 7.0% cap · market cap 12.71%
Second Best
Mixed Use
$8.52M
$7.46M – $9.94M
NOI $596,591 @ 7.0% cap · market cap 9.62%
Theoretical Best
Specialty Retail
$13.61M
$11.91M – $15.88M
NOI $952,573 @ 7.0% cap · market cap 15.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
14
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
7,482
Businesses Nearby
Explore this area
Business Placement
Demographics for 11249, NY
42,024
Population
18,958
Households
2.2
Avg Household Size
31
Median Age
59%
College-Educated
89%
High-School Grad
0.7 sq mi
ZIP Area
60,034
Density / Sq Mi
$121,400
Median Household Income
$81,638
Median Earnings
$2,982
Median Rent
$1,326,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner property combining three retail spaces with a multi-unit residential component.
Where is this mixed-use property located?
The property is located at 129 S 4th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $6,200,000.
What are key features of this property?
This property features: Over 16,435 square feet in a four‑story building; 3 retail spaces and 14 apartments; Residential mix includes 4 rent‑stabilized, 2 rent‑controlled, and 8 free‑market units
