The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$6,200,000
129 S 4th St
Brooklyn, NY, 11249
View more Brooklyn, NY property pages35Beds
14Baths
16,435Sqft
$377$/sqft
Listing Notes
Corner, mixed-use investment opportunity in the heart of Williamsburg. The property boasts over 16, 435 square feet. Comprising 3 retail spaces and 14 apartments. Residential unit breakdown: 4 are rent-stabilized, 2 are rent-controlled, and 8 are free market. Built on a 4, 109 square-foot lot, the property stands four stories high. The building size is 47.5'x86.5'. Impressive frontage on Bedford Avenue (over 47 feet) and 4th Street (over 86 feet). Actual annual net operating income is $393, 104, and a potential net operating income of $592, 685
Market Insights
Below nearby median-83%
$377/sqft vs a nearby median of $2179/sqft.
Nearby median$2179/sqft
Nearby properties12
Property size16,435 sqft
- -83% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 16,435 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$36M$33M – $39M · 50% confidence
vs ask $6.20M−$30M (−480.4%)
Asking price is about 480.4% below the fair value — likely to draw competing offers if it's still on market.
$2,179/sqft median across 12 tight comps × 16,435 sqft= $36M
- Days-on-market gravity−$1.07M −3.0%
- Transit access+$895k +2.5%
- Pre-war character+$895k +2.5%
- Visible condition issues−$537k −1.5%
Cumulative NYC adjustments+$179k+0.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
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Listing Details
- Days on market
- 173 days
- Last price change
- No change recorded
- Listed
- Nov 20, 2025
- Photos
- 8 photos
- Property type
- multi family
- Status
- for sale
Features & Amenities
Two Or More StoriesRental PropertyInvestment Opportunity
Photos
Building Facts
- Year built
- 1910
- Stories
- 52
- Total units
- 466
- Residential units
- 462
- Building area
- 11.63 ac
- Lot size
- 4,109 sqft
- Land use
- Mixed residential and commercial buildings
- Building class
- RM
From NYC public records where available.
Price History
May 4, 2026Initial record
$6,200,000for sale
Public Records
DOB violations0 open
8 total recorded against the building
HPD violations0 open
1 total recorded
ACRIS documents0
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)14,300
Top: noise - residential
Top complaint types in ZIP 11249
- Noise - Residential1,918
- Illegal Parking1,772
- Noise - Commercial1,092
- Graffiti847
- Noise - Street/Sidewalk832
Recent DOB
- Aug 2, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
- May 29, 2024V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
- May 2, 2024V*-DOB VIOLATION - DISMISSED · BENCH-FAILURE TO BENCHMARK NONE
- Apr 17, 2024V*-DOB VIOLATION - DISMISSED · AEUHAZ1-FAIL TO CERTIFY CLASS 1 NONE
Recent HPD
- Jun 16, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.