Homes for sale in Brooklyn
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Multi Family
397 5th Avenue
Brooklyn, NY 11215
$4,650,000
- Beds
- 8
- Baths
- 4 + 2 half
- Sq ft
- 3,828
- Year built
- 1899
Listing courtesy of Louis M Esposito, Compass
About this home
**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn**
Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods.
Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years,
In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.
Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods.
Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years,
In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.
Details
Property
- Type
- Multi Family
- Year built
- 1899
- Stories
- 3
- Subdivision
- Park Slope
- County
- Kings
Interior
- Flooring
- Hardwood
- Cooling
- Central Air, Wall Units
- Heating
- Central, Forced Air, Natural Gas, Wall Furnace
- Laundry
- See Remarks
- Features
- Wet Bar, Built In Features, Chandelier, High Ceilings, Recessed Lighting, Sound System, Bar
- Furnished
- Unfurnished
Exterior and parking
- Exterior
- Private Entrance, Private Outdoor Space Under60 Sqft
Community and fees
- Pets
- Building No, No
- Annual taxes
- $7,176
Neighborhood
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