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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.

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  1. Home
  2. Buy
  3. New York City
  4. Brooklyn
  5. 11217
  6. 116 4TH Avenue
Property thumbnail
1 / 17
•Boerum Hill

116 4TH Avenue, New York City, NY 11217

Listing Courtesy of Corcoran Group

$1,500,000

Potential Rebate: $22,500

3 Beds
3 Baths
9 Rooms
1,800 sqft
Built 1899
3 Stories
833/ft²
Listed on Apr 25, 2025
266 days on market
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Overview

NO ACCESS TO PROPERTY. Sold completely AS-IS and partly OCCUPIED, will NOT be delivered vacant.&nbsp;<br> <br> Opportunity for renovation or development.&nbsp; The following is from public record, confirm all information with your architect:<br> <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

Principal and Interest
$7,412
Property Taxes
$391
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$22,500

Monthly savings impact

$63/mo

Effective Purchase Price

$1,477,500

(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).

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601 BALTIC Street #8, New York City, NY 11217
Listed on Jan 10, 2025
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$1,485,000
★ Sponsor Unit

601 BALTIC Street #8, New York City, NY 11217

Listing Courtesy of Corcoran Group

1 Beds
2 Baths
6 Rooms
900 sqft
Built 2023
✓ No Board Approval
View Details

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 #RLS20019179

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

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 #RLS20019179

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 116 4TH Avenue against the surrounding Boerum Hill market.

Based on 1 active unit in building vs 40 in area

Average List Price

Building$1.5M
Neighborhood$3.3M

Price Per SqFt

Building Avg$833/ft²
Neighborhood Avg$1,221/ft²
Value Opportunity

31.73% 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.
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