397 5th Ave, Brooklyn, NY 11215

4 beds3 baths3,000 sqft

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My Notes

With the prices steadily climbing, and the market about to realistically leave many without a possibility of ever purchasing their own real estate dream, the time to invest into Park Slope is now!This sprawling mixed-use property offers two high-rent two-bedroom apartments sitting over a well-priced, highly visible commercial space with stampedes of walk-by traffic. Plus, there is an additional 1,000 s/f left on the FAR for any upgrades and additions the user or investor may desire. These properties rarely ever come up on the market. Seize this chance, it may be the only one you'll ever have in this decade.


  • Lot: 1,429 sqft
  • Multi Family
  • Built in 1899
  • 509 days on Zillow
  • Price/sqft: $830

Additional Features

  • Total Floors \ 3, Borough \ Brooklyn, Block Number \ 994, Lot Number \ 3, Total Charges \ 0


  • Stories: 3
  • Unit count: 2


  • Floor size: 3,000 sqft
  • Last remodel year: 1899
  • Lot depth: 70
  • Lot width: 20
  • Parcel #: 009940003
  • Zillow Home ID: 30584260

Zestimate Details

Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
-$130 Last 30 days
Zestimate range

Comparable Homes

Homes like this sold for $9K-3.0M.


Popularity on Zillow

4,561 views since listing
4,807 all-time (chart)
5 shoppers saved
this home to their list of favorites

Home Expenses

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Market guide

Zillow predicts Park Slope home values will increase 1.7% next year, compared to a 2.3% increase for New York as a whole. Among Park Slope homes, this home is 153.4% more expensive than the midpoint (median) home, but is priced 8.8% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Park Slope, the number of foreclosures waiting to be sold is 185.4% higher than in New York, and 30.7% less than the national average. This higher local number may prevent Park Slope home values from rising as quickly as other regions in New York.

Learn more about forecast calculations or Park Slope home values.
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