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406 4th Avenue, Brooklyn, NY 11215

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
406 4th Avenue,Brooklyn, NY 11215
$1,500,000
  • 16 Beds
  • 8 Baths
  • 5,868 sq. ft.
  • Multi-family
  • Active
Listed by: roseanne degliuomini
Office: compass
MLS#:RLS20104275
Source:NY_REBNY

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$255.62

About this home

Positioned at the intersection of Park Slope and Gowanus, this unique investment property presents a compelling opportunity to acquire a well-maintained 8-unit multifamily asset in one of Brooklyn’s most consistently sought-after mixed use corridors. Located along a prime stretch of 4th Avenue with exceptional access to transportation, the property is fully occupied and features a stable mix of one- and two-bedroom residences. Recent upgrades completed in 2025 contribute to the building’s turnkey appeal, while strong projected income and favorable rental trends position the asset for both immediate cash flow and long-term upside. In addition to its current performance, the property offers future potential with zoning permitting approximately 17,000 buildable square feet, a rare opportunity in a neighborhood continuing to see significant growth, investment, and demand. Investment Highlights: 8-unit multifamily property Prime Park Slope / Gowanus location Fully occupied and rent...

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Home facts

  • Year built:1931
  • Subdivision & Development:Gowanus
  • Listing ID #:RLS20104275
  • Added:51 day(s) ago
  • Updated:September 14, 2026 at 11:44 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8
  • Rooms Total:23
  • Basement:Yes
  • Living area:5,868 sq. ft.

Structure and exterior

  • Year built:1931
  • Building area:5,868 sq. ft.

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$255.62
  • Tax amount:$16,776
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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