USANYNew York CityGowanus406 4Th Avenue
Listing image | Image 1

406 4Th Avenue, New York City, NY

House

For Sale

Listed price in listed location currency (USD).
$1,500,000

1680

MLS® RLS20104275

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 5868 sqft
Garage 
Taxes $16,776
Days Active 26
Lot Size 2000 SF
Approx. Age 1931
Avg. Price Per Sqft $255
MLS® Number RLS20104275

Property Address: 406 4th Avenue, New York City, NY, 11215

Average square foot calculated using Size range provided by listing agent.

Description

Positioned at the intersection of Park Slope and Gowanus, this unique investment property presents a compelling opportunity to acquire a well-maintained 8-unit multifamily asset in one of Brooklyn’s most consistently sought-after mixed use corridors. Located along a prime stretch of 4th Avenue with exceptional access to transportation, the property is fully occupied and features a stable mix of one- and two-bedroom residences. Recent upgrades completed in 2025 contribute to the building’s turnkey appeal, while strong projected income and favorable rental trends position the asset for both immediate cash flow and long-term upside. In addition to its current performance, the property offers future potential with zoning permitting approximately 17, 000 buildable square feet, a rare opportunity in a neighborhood continuing to see significant growth, investment, and demand. Investment Highlights: 8-unit multifamily property Prime Park Slope / Gowanus location Fully occupied and rent stabilized Recent renovations completed in 2025 New Roof Strong projected income and long-term upside Excellent access to major transportation Future development possibility Offering Memorandum upon request.
MLS® NumberRLS20104275
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1931
BasementPartial
Driveway
Garage Spaces
Heat
A/COther

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 17, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
406 4Th Avenue, New York City, NY

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