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
$1,453,000 Zestimate®
$500/sqft
$-- HOA
What's special
- 64 days |
- 509 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Compass 917-847-7771,
Parviz Latipzoda
Source: StreetEasy,MLS#: S1834354
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
Zestimate®
$1,453,000
Estimated sales range
$1.38M - $1.53M
Rent Zestimate®
$4,505/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
Climate risks
Neighborhood: Sunset Park
Nearby schools
GreatSchools rating
- 3/10Ps 24Grades: PK-5Distance: 0.1 mi
- 4/10Is 136 Charles O DeweyGrades: 6-8Distance: 0.2 mi
- 4/10Sunset Park High SchoolGrades: 9-12Distance: 0.1 mi
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