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556 4TH Street
About This Property
Enter up the stoop to a sun-filled parlor with decorative fireplace, stunning woodwork, and inlaid parquet floors. Beyond, the dining room opens to a bright rear kitchen with direct access to a landscaped garden-a private oasis designed for entertaining and everyday enjoyment.
The second floor hosts two generous bedrooms, including a spacious front primary with decorative fireplace, wall of windows with built-in seating, and two closets, one a large walk-in. A beautifully renovated full bath with a sky-lit shower completes this level.
Upstairs, the top floor offers abundant natural light and versatility, featuring two large bedrooms connected by closets and a fourth room perfect as a nursery, guest bedroom, or home office.
The fully finished English basement provides an additional level of living with a recreation/media room, spa-like bathroom, laundry, gas fireplace and a wall of closets. With a windowed layout, this level feels bright and welcoming-ideal as a guest suite or retreat.
Throughout, the home's original character has been lovingly maintained, seamlessly balanced with modern updates for today's lifestyle. Just moments from Prospect Park, schools, shops, and dining, 556 4th Street is a rare Park Slope offering that captures the essence of brownstone living
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Dec 4, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | Listed by Corcoran Group | $3,995,000 | |
| Listed by Corcoran Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017