Mixed Use in Prime Park Slope A rare investment opportunity in the heart of Park Slope. This classic, 4,800 square foot four story brownstone consists of a commercial space on the ground floor and three 2-bedroom floor-through free market residential rentals above. Located on Seventh Avenue off Berkeley Place, the property inhabits a densely foot trafficked and highly sought after rental area on Park Slope's Northside. Lovingly maintained by the same Owner for over 50 years, the residential units feature beautiful pre-war details throughout, including original floors, moldings, and fireplaces. At 1,200 square feet per floor and in a prime location near Grand Army Plaza, Prospect Park, and numerous subway lines, these rental units are in high demand in a Park Slope neighborhood exploding in popularity. A successful deli / convenience store operates out of the commercial space, which includes a backyard, full basement and cold storage. With a projected cap rate approaching 6%, this historic landmark is an ideal investment vehicle for those looking to generate income while participating in the long term price appreciation upside of trophy real estate assets in prime Brooklyn.
Off market
$4,099,000
80 7th Ave, Brooklyn, NY 11217
6beds
4,800sqft
MultiFamily
Built in 1921
-- sqft lot
$4,099,000 Zestimate®
$854/sqft
$6,292 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Appliances
- Included: Dryer, Washer
Features
- Has fireplace: Yes
Interior area
- Total interior livable area: 4,800 sqft
Property
Lot
- Size: 1,600 sqft
Details
- Parcel number: 009540040
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1921
Community & neighborhood
Location
- Region: Brooklyn