116 4TH Avenue, New York City, NY 11217
Listing Courtesy of Corcoran Group
$1,500,000
Potential Rebate: $22,500
Overview
.Opportunity for renovation or development. Sold completely as-is and partly occupied. Access highly limited, current photos provided by residents.<br> <br> The following is from public record, confirm all information with your architect:<br> C4-4D, G zoning and Qualified Opportunity Zone. Lot is 16.67 ft x 80.83 ft with 6.02 Residential FAR, 3.4 Commercial FAR, 6.5 Facility FAR, 8109 Maximum Usable Floor Area. Approx 1800sf as built (public record of 1728sf or 16.67x36 on three stories which would be 1800sf).
Home Features
- •Smoke Free
Estimated Monthly Payment
$7,803 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$22,500
Monthly savings impact
$63/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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601 BALTIC Street #8, New York City, NY 11217
Listing Courtesy of Corcoran Group
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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. ©2025 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 for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Corcoran Group
Data Source: TRESTLE #RLS20019179
Price Analysis
Compare average listing prices and value metrics for 116 4TH Avenue against the surrounding Boerum Hill market.
Average List Price
Price Per SqFt
30.24% Lower
than the Boerum Hill price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Boerum Hill
Overview of Boerum Hill
Boerum Hill is the relaxed, artsy sibling of the brownstone belt. Sitting between Cobble Hill and Park Slope, it offers tree-lined streets of red-brick rowhouses and a vibrant shopping scene on Atlantic Avenue. For buyers seeking Boerum Hill Brooklyn real estate, it offers a perfect blend of residential quiet and commercial convenience.
Living in Boerum Hill is unpretentious but upscale. It feels lived-in. As a central Brooklyn NYC neighborhood, it offers the best access to transit and downtown Brooklyn while maintaining a low-rise village scale.
Real Estate & Housing Market
The market for homes for sale in Boerum Hill is strong. The neighborhood is known for having a higher concentration of red-brick townhouses (vs. brownstone) and many are still single-family homes.
New luxury condos along the Atlantic Avenue corridor have added modern options, creating a diverse housing stock.
Lifestyle & Community
The lifestyle in Boerum Hill is convenient. Atlantic Avenue is famous for its antique shops, Middle Eastern spice markets (Sahadi's), and trendy boutiques. Smith Street offers nightlife and dining.
The community is creative and professional. Actor Heath Ledger famously lived here, cementing its cool factor.
Transportation & Accessibility
Boerum Hill has arguably the best transit in Brooklyn. You are walking distance to Atlantic Terminal (all trains + LIRR) and the A/C/G at Hoyt-Schermerhorn and F/G at Bergen.
Commuting to Manhattan takes 10-15 minutes.
Parks, Schools & Amenities
While it lacks a massive park within its borders, it has smaller pleasant spaces, and residents often walk to nearby Brooklyn Bridge Park or Fort Greene Park.
Amenities are top-notch: easy access to the Barclays Center, City Point (Alamo Drafthouse, Trader Joe's), and the cultural BAM district.
Who This Neighborhood Is Best For
Boerum Hill is best for commuters, design lovers, and buyers who want a quiet street but instant access to the energy of Downtown Brooklyn.
