RealtyLens
for saleRealtyLens property overview
$1,350,000

4311 4th Ave

Brooklyn, NY, 11232
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12Beds
6Baths
4,268Sqft
$316$/sqft

Listing Notes

An exceptional investment opportunity awaits with this property located at the heart of Sunset Park. It is conveniently closed to the N/R 45th Street Train Station and only steps away from all your daily routine needs. This home features six 2-bedroom apartments on this 3-story building. The finished Full basement with separate entrance adds versatility to the space. R7A/C2-4 zoning with approx 8,000 allowed buildable square feet. This property is prime for lucrative returns. Won't last.

Market Insights

Below nearby median-70%

$316/sqft vs a nearby median of $1067/sqft.

Nearby median$1067/sqft
Nearby properties12
Property size4,268 sqft
  • -70% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 4,268 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$4.55M$4.14M$4.96M · 50% confidence
vs ask $1.35M−$3.20M (−237.3%)

Asking price is about 237.3% below the fair value — likely to draw competing offers if it's still on market.

$1,067/sqft median across 11 tight comps × 4,268 sqft= $4.55M
  • Transit access+$182k +4.0%
  • Days-on-market gravity−$137k −3.0%
  • Pre-war character+$114k +2.5%
  • Visible condition issues−$91k −2.0%
  • Open Class C HPD violations−$68k −1.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessCurrent market data

The listing facts are current enough for an initial property review.

Market Position-70% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read2 items to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
848 days
Last price change
No change recorded
Listed
Jan 15, 2024
Photos
3 photos
Property type
multi family
Status
for sale
Last sold
May 25, 2022 · $1,000,000

Features & Amenities

Hardwood FloorsTwo Or More StoriesBasementInvestment Opportunity

Building Facts

Year built
1931
Stories
3
Total units
6
Residential units
6
Building area
4,248 sqft
Lot size
2,000 sqft
Land use
Multi-family walk-up buildings
Building class
C2

From NYC public records where available.

Price History

May 4, 2026Initial record
$1,350,000for sale

Public Records

DOB violations2 open

15 total recorded against the building

HPD violations9 open

1 class C (immediately hazardous)

ACRIS documents17

Tax-lot deed, mortgage, and transfer records on file

311 calls (12 mo)13,952

Top: illegal parking

Top complaint types in ZIP 11232

  • Illegal Parking2,749
  • Noise - Street/Sidewalk1,059
  • Noise - Residential1,056
  • Blocked Driveway828
  • HEAT/HOT WATER769

Recent DOB

  • Jun 30, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Apr 25, 2023V-DOB VIOLATION - ACTIVE · LBLVIO-LOW PRESSURE BOILER BOILER REQUIRED
  • Sep 2, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
  • Sep 2, 2020V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE

Recent HPD

  • Apr 8, 2026Class A · §27-2104(B) HMC POST A PROPER NOTICE REGARDING RENT STABILIZATION LAW, IN A FORM APPROVED BY THE COMMISSIONER, IN A CONSPICUOUS LOCATION WITHIN THE COMMON AREA AT THE BUILDING S...
  • Apr 1, 2026Class A · § 27-2013 ADM CODE PAINT WITH LIGHT COLORED PAINT TO THE SATISFACTION OF THIS DEPARTMENT THE CEILING AT VESTIBULE AREA , 1st STORY
  • Apr 1, 2026Class B · § 27-2026, 2027 HMC: PROPERLY REPAIR THE SOURCE AND ABATE THE EVIDENCE OF A WATER LEAK AT CEILING AT VESTIBULE AREA , 1st STORY
  • Apr 1, 2026Class B · § 27-2005, 2007 ADM CODE FIRE EGRESS DEFECTIVE. MAKE STATIONARY THE IRON LADDER LEADING TO SCUTTLE OPENING IN ROOF AT NORTH WALL AT PUBLIC HALL, 3rd STORY

Recent Transfers (ACRIS)

  • May 25, 2022DEED$1,000,000
  • Sep 25, 2019DEED$1,380,000
  • Aug 25, 2000DEED

Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.

You can also find this listing on StreetEasy.

Listing data sourced from streeteasy.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.