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$1,499,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 949 4th Ave
General
- Price: $1,499,000
- Taxes: $3,600
- Status: Active
- Type: Multi-Family
- Source: REBNY
- MLS ID: RLS20096310
- Updated: 6/17/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 11
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Other Rooms
- Laundry: See Remarks
Exterior
- Exterior Features: Private Outdoor Space Over 60 Sqft
Location
- County: Kings
- Subdivision: Greenwood Heights
Structural Information
- Structure Type: Multi Family
- Stories/Levels: 3
- Square Feet: 3,000
- Living Area: 3,000 Sq. Ft.
- Year Built: 1910
Lot Features
- Lot Size: 1620
- Lot Dimensions: 1620 x 1
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,600
Disclosures and Reports
- Property ID: 00697-0006
- Block: 697
- Lot Number: 6
Listing Courtesy of Compass
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Schools
Schools serving 949 4th Ave
School District:New York City Geographic School District 15
| Name | Grades | Distance |
|---|---|---|
Ps 24 427 38th Street, Brooklyn, NY 11232 | K-4 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 949 4th Ave
Date
Details
Price
Change
Source
6/17/2026
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 949 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,673
—
$101,220
192%
2025
$6,673
10%
$34,644
-64%
2024
$6,073
6%
$97,200
-11%
2023
$5,749
5%
$109,800
22%
2022
$5,472
-49%
$89,880
-9%
2021
$10,784
98%
$98,580
10%
2020
$5,452
2%
$89,820
-5%
2019
$5,345
17%
$95,040
252%
2017
$4,552
—
$27,021
6%
2017
$4,552
155%
$25,497
6%
2016
$1,784
3%
$24,064
—
2015
$1,731
324%
$24,058
2%
2014
$408
-70%
$23,638
5%
2013
$1,349
—
$22,518
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 949 4th Ave
949 4th Avenue, Brooklyn, NY 11232 (MLS# RLS20096310) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 949 4th Avenue is currently listed for $1,499,000 and was received on June 17, 2026. Want to learn more about 949 4th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

