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949 4th AvenueBrooklyn, NY 11232

For Sale

$1,499,000

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.

Listed by Parviz Latipzoda

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Compass

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(917) 847-7771

Listed by Ydalmi Nunez

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Compass

Last updated July 31, 2026

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Source: REBNY #RLS20096310

RLS Data display by Prevu Real Estate LLC

Listing Facts

  • TypeMulti-family
  • NeighborhoodGreenwood Heights
  • Bedrooms8
  • Bathrooms3
  • Days on Prevu44
  • Taxes$3,600/year
  • Size3,000 sqft
  • Price per sqft$500

Location

Mortgage Calculator

Listing History

06/17/2026
Listed by Compass
$1,499,000

Estimated Closing Costs

Attorney Fees
$4,000
NYC Mansion Tax
$14,990
Title Insurance
$6,746
Bank Attorney
$1,500
Mortgage Recording Tax
$23,084
Other Closing Costs
$4,000
Total
$54,320

Estimated closing costs are based on the list price of $1,499,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.

Property Details for 949 4th Avenue

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 3
  • Stories: 3
  • Stories Total: 3
  • Structure Type: Multi Family
  • Year Built: 1910
  • Entry Level: 1

Measurements

  • Building Area Total: 3,000
  • Building Area Units: SquareFeet
  • Lot Size Area: 1,620
  • Lot Size Dimensions: 16,201
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 00697-0006
  • Tax Annual Amount: $3,600.00

Interior

Measurements

  • Living Area: 3,000
  • Living Area Units: SquareFeet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 8
  • Rooms Total: 11

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Greenwood Heights
  • Tax Block: 00697
  • Tax Lot: 0006

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 3 bathrooms in this multi-family home at 949 4th Avenue.

What are the annual taxes for 949 4th Avenue?

Annual taxes for this multi-family home are estimated at $3,600.

How does 949 4th Avenue compare to other multi-family homes in Greenwood Heights?

This multi-family home is listed 35% below the average price for multi-family homes in Greenwood Heights and has been on the market for 77 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,000 sqft.

949 4th Avenue is a 8-bedroom, 3-bath multi-family home for sale in Brooklyn NY 11232. Listed on Prevu for 44 days at $1,499,000. This property features 3,000 square feet of living space, located in Greenwood Heights. The median listing price for multi-family homes in this area is $1,700,000. Explore more multi-family home listings in Brooklyn.

RLS Data display by Prevu Real Estate LLC The Registrant acknowledges each other RLS Broker's ownership of, and the validity of their respective copyright in, the Exclusive Listings that are transmitted over the RLS. The information is being provided by RLS at REBNY Listing Service, Inc. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2026 RLS at REBNY Listing Service, Inc. All rights reserved. Based on information from the Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity. 2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.