Pending For Sale • Multi Family

$3,510,000

394 4TH Street

Park Slope, Brooklyn

MLS® #RLS20038599

Listing by Corcoran Group

5

Bedrooms

3

Baths

—

Sq. Ft.

1901

Year Built

Quick Summary

Bedrooms 5

Bathrooms 3

Lot Size 1,800 sq ft

Year Built 1901

Ownership None

Property Taxes $9,696/yr

Neighborhood Park Slope

Floor 1 of 3

Property Highlights

• Views: Other
• Character: Pre-war building (1901)

Property Details

Type Multi Family

Ownership None

Total Rooms 13

Baths 3 Full

Floor 1 of 3

View Other

Pets Yes

Year Built 1901

Structure Type Townhouse

Basement Other

Lot Size 1,800 sq ft

Parcel # 00986-0018

Block/Lot 00986/0018

Description

Located in the heart of prime Center Park Slope, this elegant four-story brownstone offers approximately 3,300 square feet of interior space, plus a full basement, on one of the neighborhood's most coveted tree-lined blocks. Rich in original detail and full of untapped potential, the property presents a rare opportunity to craft a truly custom residence or capitalize on a highly adaptable investment asset.

Currently configured as a spacious two-bedroom, one-and-a-half-bath owner's duplex across the garden and parlor levels, the home also features two desirable rental units above: a full-floor, two-bedroom, one-bath apartment, and a bright, top-floor one-bedroom, one-bath. With each unit offering generous proportions and excellent light, the building is well positioned to generate substantial rental income from day one.

The property offers multiple pathways to customize, making it endlessly versatile. You might convert it into a stately single-family home with five or more bedrooms, create an owner's triplex with a garden-level rental, or maintain the current multi-unit layout to maximize income potential. For developers, the townhouse also presents an enticing opportunity for boutique condo conversion, particularly given its location on sought-after 4th Street. The setting places you just moments from Prospect Park, the weekend farmers market, and the shops and cafes of 7th Avenue and 5th Avenue.

Whether you're an end user seeking a dream home to shape over time or an investor looking for a flexible, income-generating asset in one of Brooklyn's most beloved neighborhoods, this classic Park Slope townhouse delivers on both charm and possibility

Features & Amenities

Interior Features

Smoke Free In Unit

Building Amenities

Green Building

Building Information

Total Units 3

Stories 3

Structure Townhouse

Financial Details

RE Taxes $9,696/yr ($808/mo)

Original Price $3,850,000

Previous Price $3,650,000

About Park Slope

View All Park Slope Listings

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

69

Median Asking Price

$1.79M

Median $/Sqft

$1,339

Avg Days on Market

N/A

New This Week

11

Price Reduced

16%

Sold (30 Days)

19

Median Sale Price

$1.82M

Live data from RLS at REBNY • Updated 2/24/26, 8:11 AM EST

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Location

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394 4TH Street, Park Slope, Kings County

NYC Zoning • Google Maps • Street View

Data Sources & Methodology

Listing Data

RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.

Market Data

RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.

Map & Location

OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.

All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.

MLS® ID: RLS20038599

First Listed: 7/22/2025

On Market: 7/22/2025

Price Changed: 1/22/2026

Pending Since: 1/22/2026

Contract Date: 7/22/2025

Listing Courtesy of Corcoran Group - Dwayne C Powell

Listing Contact: (917) 309-2414

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

RLS Data display by Keller Williams NYC. Data last updated on 2/24/2026 at 1:11 PM UTC