View all 20 photos
Basement:Full,Semi-Finished
Multi-Family Residence
School District:
Rooms
Beds
16 Baths
0 Half Baths
Garage Spaces
Built:
Lot Size: Acres
Heating: Gas
Air Conditioning: 5+
Taxes $122211.3 (Approx)
Interior Features:

Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10–15% below market rents, offering clear upside for investors. Key Highlights: • 15-unit limestone prewar building • 11 free market / 4 rent stabilized units • Updated kitchens with stone counters & renovated baths • Ultra-prime Park Slope location • Apartments ~10–15% below market • 6.9% cap rate • Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn’s most sought-after neighborhoods.

Architectural Style
Construction Materials
Block
MLSID
499623

Upcoming Open Houses

Find out more

ll
Vincent Salino

Wolf Properties Inc

Direct - (917) 567-5837

Cell Phone - (917) 567-5837

Ask Vincent Salino
Schedule a Tour?
Preferred Date & Time

Location

Loading...