Fully Vacant Four-Family with Garage, Expansion Potential and Multiple Paths to Reimagine
Rarely available fully vacant legal four-family in a prime Crown Heights location. Situated on an expansive 25 × 131 lot, the property offers approximately 3,280 SF of existing residential space, a three-car garage, backyard, full basement with rear egress and approximately 3,930 SF of reported unused buildable area.
The legal unit mix consists of three two-bedroom apartments and one one-bedroom apartment, each with one bathroom. The two first-floor units are presently combined and used as a single three-bedroom residence.
The property requires substantial renovation, but offers multiple repositioning strategies. An owner-occupant may explore creating a spacious floor-through home with basement and backyard access while retaining two upper apartments for income. The basement currently has approximately six-foot ceilings, apparent potential for increased height and direct egress into the backyard.
The property allows the purchaser to scale the work according to their needs. An investor may restore and renovate the four-family configuration, or undertake a comprehensive repositioning, incorporating modern kitchens and baths, laundry, a roof deck, landscaped backyard space, storage and potential parking, or vertical expansion adding additional stories and apartments to the property. All proposed configurations, uses and development plans are subject to professional review and applicable approvals.
Approximately 0.3 mile from the Franklin Avenue–Medgar Evers College station at Eastern Parkway, with convenient access to the 2, 3, 4 and 5 trains. Close to the Brooklyn Botanic Garden, Brooklyn Museum, Prospect Park, Eastern Parkway and the restaurants, cafés and neighborhood amenities of Franklin Avenue.
Delivered fully vacant and ready for its next chapter.
In contract
$2,228,000
1004 Carroll St, Brooklyn, NY 11225
7beds
3,280sqft
Multi Family
Built in 1924
-- sqft lot
$2,174,300 Zestimate®
$679/sqft
$-- HOA
What's special
Three-car garage
- 69 days
- 270
- 5
Zillow last checked:
Listing updated:
Listed by:
McCormack Richards Real Estate Advisors LLC 516-500-1497,
Natalie Richards
Source: StreetEasy,MLS#: S1835637
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Laundry: Inside
Features
- Has fireplace: No
Interior area
- Total structure area: 3,280
- Total interior livable area: 3,280 sqft
Video & virtual tour
Property
Parking
- Parking features: Garage
- Has garage: Yes
Details
- Parcel number: 012870022
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1924
Community & HOA
Community
- Subdivision: Crown Heights
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $679/sqft
- Tax assessed value: $903,000
- Annual tax amount: $225,252
- Date on market: 6/26/2026
Estimated market value
$2,174,300
$2.07M - $2.28M
$3,661/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Contingent | $2,228,000$679/sqft |
Source: StreetEasy #S1835637 Report a problem | ||
| 6/26/2026 | Listed for sale | $2,228,000$679/sqft |
Source: StreetEasy #S1835637 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,771 +2.7% | $406,350 +4.9% |
| 2024 | $18,270 | $387,450 -7% |
| 2023 | -- | $416,700 +6.9% |
| 2022 | -- | $389,700 +25% |
| 2021 | -- | $311,850 -8.5% |
| 2020 | $14,479 +3.3% | $340,650 +4.7% |
| 2019 | $14,021 | $325,350 +212.5% |
| 2018 | -- | $104,110 +8% |
| 2017 | $12,266 +6.6% | $96,435 +8% |
| 2016 | $11,504 | $89,294 |
| 2015 | $11,504 +53.9% | $89,294 +3.3% |
| 2014 | $7,474 | $86,473 +8% |
| 2013 | -- | $80,085 +8% |
| 2012 | -- | $74,181 +8% |
| 2011 | -- | $68,688 |
| 2010 | -- | $68,688 +3.3% |
| 2009 | -- | $66,518 +8% |
| 2008 | -- | $61,604 +8% |
| 2007 | -- | $57,063 +8% |
| 2006 | -- | $52,837 |
| 2005 | -- | $52,837 +3.3% |
| 2004 | -- | $51,168 +8% |
| 2003 | -- | $47,388 +8% |
| 2002 | -- | $43,895 +8% |
| 2001 | -- | $40,644 |
| 2000 | -- | $40,644 |
Find assessor info on the county website







