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577 4th Street
About This Property
As for the block, the uninterrupted parade of early 1900s limestones is pleasing in its uniformity as well as in the unique details of each home. The sense of community on the block is demonstrated by informal stoop gatherings and the annual block party.
As for the house, the features and improvements are almost innumerable. Pristine original floors, an open parlor floor, the formal paneled dining room with original china closets, and a large eat-in kitchen are perfectly set up for today's lifestyle. Throughout the house are period details that have been preserved and restored, including mantels in all major rooms, plaster mouldings, and chandeliers. Upstairs, there are 5 bedrooms and two full baths. A custom library offers built-ins for books and media as well as a wood-burning fireplace. The basement is a perfect rec room/workshop/laundry /storage combination.
The kitchen and baths have been redone and boast modern plumbing and electrical service. Almost all the windows are high-quality replacements. A great feature is the ducted central air conditioning system installed in 2014. No need to tear up the house to be comfortable! There are 3 zones - parlor/basement, primary floor, and top floor.
With a lovely deck and garden in the rear, 577 4th St is the quintessential Park Slope brownstone, in move-in condition.
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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%.
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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 |
|---|---|---|---|
| Jul 14, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Mar 15, 2026 | Listed by Compass | $4,500,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017