One-Bedroom Residential Income
For Sale
$490,000
350 S 4th Street 6A, Brooklyn, NY 11211
Renovated sixth-floor HDFC co-op with a windowed kitchen and built-in storage.
Property Size600 SF
Price / SF$816.67
Days on Market9
Property Features for 350 S 4th Street 6A
General Information
Standard status
Active
Size
600 SF
Elevators
No
Property subtype
Apartment
Additional Details
HOA Fee
$350
Public Transit
Yes
Multifamily Units
1
Building Details
Building Size
600 SF
Year Built
1925
Listing Agency:
Compass
Listed By:
Jessica Swersey
(832) 606-7630
Source:
Bondnyre
Added: Oct 1
Changed: Oct 6
Last Checked: Oct 7 at 4:37PM
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 Compass
Investment Insights
Based on property information with market context.
This 600-square-foot, one-bedroom HDFC co-op occupies the sixth floor of a 1925 building. The apartment has been renovated and includes a windowed kitchen with quartz counters, marble backsplash, custom cabinetry, stainless steel appliances, and a gas range. Built-in shelving adds pantry and display space, while custom millwork and cabinetry provide storage in the living room. The bedroom accommodates a queen-size bed, and the bathroom features a glass-enclosed shower, marble tile, and a built-in bench. The building is a walk-up.
The property is in Williamsburg, near dining, shopping, and the waterfront, with access to the J, M, Z, and L trains. The co-op has an income restriction of 120% AMI and a flexible sublet policy; pets are permitted.
The property is in Williamsburg, near dining, shopping, and the waterfront, with access to the J, M, Z, and L trains. The co-op has an income restriction of 120% AMI and a flexible sublet policy; pets are permitted.
Key Highlights
- 600‑square‑foot, one‑bedroom HDFC co‑op
- Sixth‑floor apartment in a 1925 walk‑up building
- Renovated interior with windowed kitchen, quartz counters, marble backsplash, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,317
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$366,340
$366.3K
Cap Rate 7%
$261,671
$261.7K
Cap Rate 9%
$203,522
$203.5K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$34.0K $56.64/SF
− Vacancy
−$680 −$1.13/SF
EGI
$33.3K $55.51/SF
− OpEx
−$15.0K −$24.98/SF
NOI
$18.3K $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%
$366,340
Cap Rate 7%
$261,671
Cap Rate 9%
$203,522
Alternative Uses
Best Use
Apartment 5plus
$261.7K
$229.0K – $305.3K
NOI $18,317 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$496.8K
$434.7K – $579.6K
NOI $34,776 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
8,071
Businesses Nearby
Explore this area
Business Placement
Demographics for 11211, NY
68,540
Population
29,068
Households
2.4
Avg Household Size
31
Median Age
55%
College-Educated
86%
High-School Grad
1.5 sq mi
ZIP Area
45,693
Density / Sq Mi
$105,183
Median Household Income
$67,533
Median Earnings
$2,357
Median Rent
$1,118,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated sixth-floor HDFC co-op with a windowed kitchen and built-in storage.
Where is this residential income property located?
The property is located at 350 S 4th Street 6A Brooklyn, NY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 600‑square‑foot, one‑bedroom HDFC co‑op; Sixth‑floor apartment in a 1925 walk‑up building; Renovated interior with windowed kitchen, quartz counters, marble backsplash, and stainless steel appliances
