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Corner 28-Unit Apartment Building
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564 East 4th Street, Brooklyn, NY 11218

Four-story apartment building with 28 units, built in 1921, on a corner lot near major Brooklyn transit lines.

Property Size21,600 SF
Days on Market125

Property Features for 564 East 4th Street

General Information

Standard status Active
Size 21,600 SF
Property subtype Multifamily

Additional Details

Multifamily Units 28

Building Details

Year Built 1921
Stories 4
Listing Agency: Meridian Capital Group Midtown
Listed By: Shallini Mehra · License #NY 10301207794
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 8:51PM

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 Meridian Capital Group Midtown

Investment Insights

Based on property information with market context.

This four-story residential building contains 28 apartments and was built in 1921. The property totals 21,600 SF and is configured as a multifamily income asset with all units within the existing structure.

The building sits on the corner of Cortelyou Road and East 4th Street in Brooklyn. It is approximately two blocks west of Ocean Parkway and within walking distance of both Church Avenue and McDonald Avenue, providing convenient access to the F and G subway lines.

As a corner-located, older multifamily property with a large unit count for the building size, it may be a fit for investors seeking a stabilized residential income asset in an established transit-connected area.

Key Highlights

  • Four‑story residential building with 28 apartments on the corner of Cortelyou Road and East 4th Street
  • Built in 1921; 21,600 SF apartment building
  • Located about two blocks west of Ocean Parkway

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Spa & Massage Center Skin Care Clinic Bar & Pub

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

28
Residential units

Location Intelligence

Trade Area within ½ mile

5,964
Businesses Nearby

Demographics for 11218, NY

78,642
Population
27,403
Households
2.9
Avg Household Size
35
Median Age
51%
College-Educated
86%
High-School Grad
1.4 sq mi
ZIP Area
56,173
Density / Sq Mi
$95,916
Median Household Income
$55,190
Median Earnings
$1,966
Median Rent
$914,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-story apartment building with 28 units, built in 1921, on a corner lot near major Brooklyn transit lines.
Where is this apartment building located?
The property is located at 564 East 4th Street Brooklyn, NY.
What are key features of this property?
This property features: Four‑story residential building with 28 apartments on the corner of Cortelyou Road and East 4th Street; Built in 1921; 21,600 SF apartment building; Located about two blocks west of Ocean Parkway
(212) 468-5958 Call to check price and availability
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