Prime Park Slope Mixed Use Property.
Current set up includes 1 free market apartment, 2 office spaces, and a fully finished basement. No leases in place. Will be delivered vacant. Estimated Cap Rate 5%.
The top floor corner apt is a spacious light filled 2 bedroom with a home office or easily convert to a 3 bed.
The office spaces have high ceilings and can easily be divided into smaller shared office space.
The finished basement features 7.5 ft ceilings and can be used for additional office space and ample storage.
The property is located a short distance away from the F, G, & R subway lines. It is also near all the desirable retail, restaurants and amenities along 5th Avenue, blocks away from Prospect Park and easy access to the Expressway and Brooklyn Battery Tunnel.
Shown by appt only. A great investment opportunity!
Sold for $1,999,999
$1,999,999
503 4th Ave, Brooklyn, NY 11215
3beds
1,250sqft
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$1,600/sqft
$7,503 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,503/mo
Zestimate® history
Owner options
List your home for rent
$7,503/mo
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$7,503/mo
Rent Zestimate®
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$11,926/mo
Est. payment
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$11,926/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 1
- 1/2 bathrooms: 3
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,250 sqft
Property
Lot
- Size: 1,250 Square Feet
Details
- Parcel number: 010280076
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1920
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $1,600/sqft
- Tax assessed value: $722,000
- Annual tax amount: $29,104
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2024 | Sold | $1,999,999+0.3%$1,600/sqft |
Source: Public Record Report a problem | ||
| 2/5/2024 | Listing removed | $1,995,000$1,596/sqft |
Source: StreetEasy Report a problem | ||
| 1/1/2024 | Price change | $1,995,000-9.1%$1,596/sqft |
Source: StreetEasy Report a problem | ||
| 12/13/2023 | Listed for sale | $2,195,000-12.2%$1,756/sqft |
Source: StreetEasy Report a problem | ||
| 9/10/2023 | Listing removed | -- |
Source: StreetEasy Report a problem | ||
| 7/25/2023 | Price change | $2,500,000-9.1%$2,000/sqft |
Source: StreetEasy Report a problem | ||
| 5/16/2023 | Listed for sale | $2,750,000+1222.1%$2,200/sqft |
Source: StreetEasy Report a problem | ||
| 5/4/2014 | Listing removed | $1,700$1/sqft |
Source: Destination Real Estate Report a problem | ||
| 4/30/2014 | Listed for rent | $1,700$1/sqft |
Source: Destination Real Estate Report a problem | ||
| 5/30/1997 | Sold | $208,000$166/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,104 +4.8% | $324,900 +23.8% |
| 2024 | $27,779 | $262,350 +15.7% |
| 2023 | -- | $226,800 -18.7% |
| 2022 | -- | $279,000 +12.3% |
| 2021 | -- | $248,400 -15.7% |
| 2020 | $29,683 +3.7% | $294,750 +3.1% |
| 2019 | $28,611 +5.2% | $285,750 +2.1% |
| 2018 | $27,186 +8.5% | $279,900 -1.9% |
| 2017 | $25,052 +10% | $285,300 +8.6% |
| 2016 | $22,768 | $262,800 +7.7% |
| 2015 | $22,768 +75.3% | $243,900 +10.4% |
| 2014 | $12,986 | $220,950 |
Find assessor info on the county website
Neighborhood: Park Slope
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Nearby schools
GreatSchools rating
- 5/10Ps 124 Silas B DutcherGrades: PK-5Distance: 0 mi
- 6/10Ms 51 William AlexanderGrades: 6-8Distance: 0.4 mi
- 5/10John Jay School for LawGrades: 9-12Distance: 0.6 mi