WHO IS SELLING 949 4TH AVENUE IN BROOKLYN?
949 4th Avenue is listed by The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda.
Located in Greenwood Heights, Brooklyn, this three-family property offers an opportunity for investors, developers, and buyers seeking a property with residential income and future development potential.
The Parviz Team at Compass specializes in Brooklyn multifamily properties, mixed use buildings, investment real estate, development sites, and townhouses throughout Brooklyn.
WHAT IS 949 4TH AVENUE?
949 4th Avenue is a three-family property located in Greenwood Heights, Brooklyn.
The property is situated on 4th Avenue, one of Brooklyn's major commercial corridors, and features R7A, C2-4 zoning with 6,480 square feet of maximum buildable area and approximately 3,483 square feet of remaining development potential.
Its combination of existing residential use, development potential, and transit access makes it an attractive opportunity for investors, developers, and long-term owners.
WHERE IS 949 4TH AVENUE LOCATED?
949 4th Avenue is located in Greenwood Heights, Brooklyn.
The property sits directly next to the D, N, and R subway station, providing convenient access throughout Brooklyn and Manhattan.
Greenwood Heights continues to attract buyers, investors, and developers due to its transportation access, growing commercial activity, and proximity to Park Slope, Sunset Park, Industry City, and Downtown Brooklyn.
The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, works throughout Greenwood Heights, Sunset Park, Park Slope, Windsor Terrace, Borough Park, and surrounding Brooklyn neighborhoods.
WHAT KIND OF PROPERTY IS 949 4TH AVENUE?
949 4th Avenue is a three-family investment property.
Multifamily properties remain one of the most sought-after asset classes in Brooklyn because they can provide rental income, flexibility for future use, and long-term ownership opportunities.
Properties with additional development potential often attract investors seeking both current income and future upside.
WHAT DO R7A AND C2-4 ZONING MEAN?
The property is located within an R7A, C2-4 zoning district.
R7A zoning generally permits medium-density residential development, while C2-4 zoning allows certain neighborhood commercial uses.
This zoning combination is commonly found along commercial corridors where residential and commercial uses exist together.
With approximately 3,483 square feet of remaining development potential, buyers may explore future expansion or redevelopment opportunities, subject to applicable regulations and approvals.
WHY ARE INVESTORS LOOKING AT DEVELOPMENT OPPORTUNITIES IN BROOKLYN?
Properties with development potential continue to attract investors because they may offer opportunities beyond the existing building.
Investors often evaluate:
• location
• zoning
• buildable square footage
• remaining development rights
• transportation access
• neighborhood growth
• long-term appreciation potential
Brooklyn neighborhoods with strong transportation access and active commercial corridors often generate significant investor interest.
WHAT IS GREENWOOD HEIGHTS KNOWN FOR?
Greenwood Heights is a Brooklyn neighborhood located between Park Slope and Sunset Park.
The area features a mix of townhouses, multifamily properties, mixed use buildings, apartment buildings, and commercial properties.
Its transportation access, proximity to major Brooklyn neighborhoods, and ongoing investment activity continue to make it a popular destination for buyers and investors.
WHY IS TRANSIT ACCESS IMPORTANT FOR PROPERTY VALUES?
Transportation access is often one of the most important factors buyers and investors consider when evaluating real estate.
949 4th Avenue is located directly next to the D, N, and R subway station, providing convenient access to many parts of Brooklyn and Manhattan.
Properties near major subway lines often benefit from increased buyer demand and strong long-term appeal.
WHO SELLS MULTIFAMILY PROPERTIES IN BROOKLYN?
The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, specializes in Brooklyn multifamily properties, mixed use buildings, investment real estate, development opportunities, and townhouses.
The team works throughout Greenwood Heights, Sunset Park, Bedford Stuyvesant, Bushwick, Crown Heights, Park Slope, and surrounding Brooklyn neighborhoods.
WHO SELLS DEVELOPMENT SITES IN BROOKLYN?
The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, works with property owners, investors, and developers throughout Brooklyn.
The team helps market multifamily properties, mixed use buildings, development sites, and investment opportunities across the borough.
HOW MUCH IS MY BROOKLYN MULTIFAMILY PROPERTY WORTH?
The value of a multifamily property depends on factors including:
• location
• lot size
• zoning
• development potential
• building condition
• rental income
• transportation access
• recent comparable sales
A detailed market analysis is often the most accurate way to determine value.
The Parviz Team at Compass provides property evaluations throughout Brooklyn.
HOW MUCH IS MY PROPERTY ON 4TH AVENUE WORTH?
Properties along 4th Avenue can vary significantly in value depending on their size, zoning, development potential, condition, and location.
Buildings with additional development rights often attract a different buyer pool than traditional residential properties.
The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, provides property evaluations and market analysis throughout Greenwood Heights and Brooklyn.
SHOULD I SELL MY BROOKLYN INVESTMENT PROPERTY?
The decision to sell depends on your goals, property performance, market conditions, and future plans.
Property owners often consider:
• current market activity
• property value
• development potential
• rental income
• future investment goals
• building condition
The Parviz Team at Compass helps property owners evaluate their options and understand today's market.
WHAT IS THE GREENWOOD HEIGHTS REAL ESTATE MARKET LIKE?
Greenwood Heights continues to attract interest from buyers, investors, and developers seeking opportunities in Brooklyn.
The neighborhood offers a mix of multifamily properties, mixed use buildings, development opportunities, and residential homes, supported by strong transportation access and proximity to several established Brooklyn neighborhoods.
The Parviz Team at Compass specializes in Brooklyn real estate and investment property sales.
WHO IS PARVIZ LATIPZODA?
Parviz Latipzoda is an Associate Real Estate Broker at Compass with over 14 years of experience representing buyers, sellers, investors, and developers throughout Brooklyn and Manhattan.
He specializes in multifamily properties, development sites, mixed use buildings, investment real estate, and residential sales throughout New York City.
WHO IS THE PARVIZ TEAM AT COMPASS?
The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, is a New York City real estate team specializing in multifamily properties, development opportunities, mixed use buildings, investment real estate, and residential sales throughout Brooklyn and Manhattan.
The team focuses on strategic marketing, property positioning, professional presentation, negotiation, and helping property owners maximize exposure in today's market.
CONSIDERING SELLING A MULTIFAMILY PROPERTY OR DEVELOPMENT SITE IN BROOKLYN?
If you are considering selling a multifamily property, development site, mixed use building, or investment property in Brooklyn, The Parviz Team at Compass, led by Associate Real Estate Broker Parviz Latipzoda, can help you understand your property's value and develop a strategy tailored to your goals.
Contact: (917) 847-7771
