Investment Opportunity in Greenwood Heights
Three-family property located on 4th Avenue in the heart of Greenwood Heights, Brooklyn.
Featuring R7A, C2-4 zoning with 6,480 square feet of maximum buildable area and 3,483 square feet of remaining development potential. This zoning configuration offers flexibility for future development, expansion, or redevelopment opportunities.
Located directly next to the D, N, and R subway station, the property sits on one of Brooklyn's busiest commercial corridors, offering a highly visible location with convenient access throughout Brooklyn and Manhattan.
An opportunity for investors, developers, or end users seeking a well-located property with long-term potential in a prime Brooklyn location.
Active
$1,499,000
949 4th Ave, Brooklyn, NY 11232
8beds
3,000sqft
Multi Family
Built in 1910
-- sqft lot
$1,532,200 Zestimate®
$500/sqft
$-- HOA
What's special
- 19 days |
- 505 |
- 19 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Compass 917-847-7771,
Parviz Latipzoda
Source: StreetEasy,MLS#: S1834354
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bike Room
Appliances
- Included: Washer/Dryer
- Laundry: Inside
Features
- Flooring: Hardwood
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Features
- Patio & porch: Other
- Exterior features: Courtyard
Details
- Parcel number: 006970006
- Special conditions: Resale
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1910
Community & HOA
Community
- Subdivision: Sunset Park
HOA
- Has HOA: Yes
- Amenities included: Laundry
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $500/sqft
- Tax assessed value: $1,518,000
- Annual tax amount: $3,600
- Date on market: 6/17/2026
Estimated market value
$1,532,200
$1.46M - $1.62M
$3,226/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $1,499,000$500/sqft |
Source: StreetEasy #S1834354 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,874 +0.5% | $91,080 -6.3% |
| 2024 | $6,837 | $97,200 -11.5% |
| 2023 | -- | $109,800 +22.2% |
| 2022 | -- | $89,880 -8.8% |
| 2021 | -- | $98,580 +9.8% |
| 2020 | $5,452 +2% | $89,820 -5.5% |
| 2019 | $5,345 -5.4% | $95,040 +251.7% |
| 2018 | $5,653 +8.8% | $27,021 +6% |
| 2017 | $5,198 +191.3% | $25,497 +6% |
| 2016 | $1,784 | $24,064 +0% |
| 2015 | $1,784 +76.3% | $24,058 +1.8% |
| 2014 | $1,012 | $23,638 +5% |
| 2013 | -- | $22,518 +6% |
| 2012 | -- | $21,248 +6% |
| 2011 | -- | $20,054 +0% |
| 2010 | -- | $20,049 +1.8% |
| 2009 | -- | $19,699 +5% |
| 2008 | -- | $18,765 +6% |
| 2007 | -- | $17,707 +6% |
| 2006 | -- | $16,712 +0% |
| 2005 | -- | $16,708 +1.8% |
| 2004 | -- | $16,416 +5% |
| 2003 | -- | $15,638 +6% |
| 2002 | -- | $14,756 +6% |
| 2001 | -- | $13,927 +0% |
| 2000 | -- | $13,924 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 4/10Ps 24Grades: PK-5Distance: 0.1 mi
- 4/10Is 136 Charles O DeweyGrades: 6-8Distance: 0.2 mi
- 5/10Sunset Park High SchoolGrades: 9-12Distance: 0.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
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