---
title: "949 4th Avenue, Brooklyn, NY 11232"
description: "949 4th Avenue, Brooklyn, NY 11232 — NYC real estate listing on Real Estate Rebate Team. Priced at $1,499,000. Est. potential buyer savings up to $37,475 (subject to buyer-broker compensation received, lender approval, and applicable law)."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11232/949-4th-avenue-ny-11232"
source: "Real Estate Rebate Team"
---

# 949 4th Avenue, Brooklyn, NY 11232

> **Listing Courtesy of:** Compass

## Description

Investment Opportunity in Greenwood Heights

Three-family property located on 4th Avenue in the heart of Greenwood Heights, Brooklyn.

Featuring R7A, C2-4 zoning with 6,480 square feet of maximum buildable area and 3,483 square feet of remaining development potential. This zoning configuration offers flexibility for future development, expansion, or redevelopment opportunities.

Located directly next to the D, N, and R subway station, the property sits on one of Brooklyn's busiest commercial corridors, offering a highly visible location with convenient access throughout Brooklyn and Manhattan.

An opportunity for investors, developers, or end users seeking a well-located property with long-term potential in a prime Brooklyn location.

## Property Details

- **Price**: $1,499,000
- **Potential Buyer Rebate**: $37,475
- **Bedrooms**: 8
- **Bathrooms**: 3
- **Living Area**: 3,000 sqft
- **Property Type**: Residential
- **Year Built**: 1910
- **Building**: 949 4th Avenue
- **Neighbourhood**: Greenwood Heights
- **Area / Borough**: Brooklyn
- **Subdivision**: Greenwood Heights
- **Listing Office**: Compass
- **State**: NY

## Estimated Potential Buyer Savings

Real Estate Rebate Team estimates potential buyer savings of up to **$37,475** at closing.

*Estimated by Real Estate Rebate Team. Subject to buyer-broker compensation received, lender approval, transaction terms, and applicable law. Not all listings qualify.*

## Related Links

- [Building details](https://realestaterebatesnewyork.com/buildings//buildings/new-york-city/brooklyn/949-4th-avenue)
- [Neighbourhood guide](https://realestaterebatesnewyork.com/neighborhoods//neighborhoods/new-york-city/brooklyn/greenwood-heights)
- [Calculate your exact cash back and book a showing here](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Regis Roumila for more details](https://realestaterebatesnewyork.com/contact)

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> This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

> 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.