In contract

$1,499,000

949 4th Ave, Brooklyn, NY 11232

8beds

3,000sqft

Multi Family

Built in 1910

-- sqft lot

$1,432,800 Zestimate^®

$500/sqft

$-- HOA

What's special

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.

124 days
89
1

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

$1,432,800

$1.36M - $1.50M

$3,707/mo

Price history

Date	Event	Price
9/21/2026	Contingent	$1,499,000$500/sqft
Source: StreetEasy #S1834354 Report a problem
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