419 7th Ave, Brooklyn, NY 11215

Avison Young, as the exclusive agent, is pleased to offer for sale 419 7th Avenue (the “Property”), a 5-story, mixed-use elevator building with 120’ of wraparound frontage located on the northeast corner of 7th Avenue between 13th Street and 14th Street in Park Slope. The Property spans approximately 10,713 ± square feet and consists of nine (9) residential units over two (2) retail units and a cell tower on the roof. Of the residential units, all nine (9) are free market. The unit mix consists of seven (7) 2BD/1BA, one (1) 1BD/1BA, and one (1) 2BD/1BA penthouse with a roof deck. No detail was spared in the 2007 construction of the building. Every residential unit features a washer/dryer, crown molding throughout the apartment, custom cedar closets with pull-out oak drawers, hardwood floors with walnut trim, exposed brick, full-size dishwashers, and private or shared outdoor space in seven (7) out of nine (9) residential units. In 2020, ownership invested over $1.5 million in capital improvements, including comprehensive waterproofing, new brick repointing, new skylights, new roofing, renovated terraces, and a rebuilt parapet wall. The building has no history of rent stabilization or rent regulation and was previously converted from a commercial building. The in-line retail space on 7th Avenue features high ceilings, extensive windows, and an accessible ADA ramp. The space is currently vacant and has already been duplexed with a large basement space encompassing a total of 1,800 SF. The corner space is also vacant and features frontage on both 7th Avenue and 14th Street and is roughly 250 SF. The building also features a cell-tower on the roof which is currently leased to T-Mobile and provides an additional stream of income. Located just three blocks from Prospect Park and the 15th Street–Prospect Park Subway Station (servicing the F and G trains), 419 7th Avenue offers exceptional convenience with quick access to both Downtown Brooklyn and Manhattan. The nearby R train at Prospect Avenue Station also provides additional connectivity across the city. 419 7th Avenue offers investors a true value-add opportunity that is fully free market and has tangible upside in one of Brooklyn’s most supply-constrained and highly sought-after neighborhoods. Tours are by private appointment only