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Three-Story Mixed-Use Property

2 4th Place, Brooklyn, NY 11231

For Sale
$3,568,000

The property combines two residential units with street-level commercial space and a full basement.

Property Size1,054 SF
Lot Size0.02 Acres
Price / SF$3,385
Days on Market135

Property Features for 2 4th Place

General Information

Standard status Active
Size 1,054 SF
Lot size 0.02 Acres
Property subtype Mixed Use

Site & Location

Frontage 30 ft
Corner Location Yes
Mixed-Use Components residential, retail

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $4,481

Amenities

rooftop access

Building Details

Building Size 1,054 SF
Year Built 1900
Buildings 1
Stories 3
Listing Agency: Daniel Gale of Brooklyn LLC
Listed By: Gail Donnarumma
Source: Poljanproperties
Added: Jun 30 Changed: Nov 10 Last Checked: Nov 10 at 1:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Daniel Gale of Brooklyn LLC

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Investment Insights

Based on property information with market context.

This three-story mixed-use corner property includes two residential units and commercial space, along with a full basement. The residential interiors have been updated with open floor plans and hardwood flooring. Large windows face the front and sides of the building, and stairs provide access to the rooftop. The commercial area has entrances at the front and side, with 30 feet of frontage.

At 2 4th Place in Brooklyn’s Carroll Gardens, the building sits on a tree-lined residential block. Court Street’s dining, coffee, bakery, and specialty retail businesses are minutes away. The property was built in 1900, and the lot measures 24.5 by 43 feet.

Key Highlights

  • Two residential units alongside commercial space
  • 30 feet of commercial frontage with front and side entrances
  • Three stories with a full basement

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Nail Salon Nursing Home Mobile Phone Store Accounting Firm Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

4,037
Businesses Nearby

Demographics for 11231, NY

37,240
Population
18,265
Households
2
Avg Household Size
37
Median Age
69%
College-Educated
90%
High-School Grad
1.4 sq mi
ZIP Area
26,600
Density / Sq Mi
$138,485
Median Household Income
$85,791
Median Earnings
$2,474
Median Rent
$1,678,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Mixed-use properties in Brooklyn, NY

$709 Jul
$640 Aug
$678 Sep
$637 Oct

Properties on Market for Mixed-use properties in Brooklyn

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines two residential units with street-level commercial space and a full basement.
Where is this mixed-use property located?
The property is located at 2 4th Place Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,568,000.
What are key features of this property?
This property features: Two residential units alongside commercial space; 30 feet of commercial frontage with front and side entrances; Three stories with a full basement
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