Listing Courtesy of Corcoran Group
$3,650,000
Potential Rebate: $54,750
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.<br> <br> 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.<br> <br> 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.<br> <br> 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<br>
$18,844 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$54,750
Monthly savings impact
$152/mo
Effective Purchase Price
$3,595,250
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20038599
RLS at REBNY

2.5%
Experience
Member
Listings
RLS IDX Data display by Real Estate Rebate Team. 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 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20038599
RLS at REBNY

Compare average listing prices and value metrics for 394 4TH Street against the surrounding Park Slope market.
than the Park Slope price-per-sq-ft average
This building commands a premium compared to the neighborhood baseline. This typically indicates superior amenities, newer construction, or prime positioning within Park Slope.

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