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80 7th Avenue

New York NY 11217

6
3
4800 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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.

Features

6 bedrooms
3 bathrooms
4800 sq. ft. floor area
Multi-Family

Happy sellers in New York

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Local market activity for 6 bedroom multi families in New York

In the last 12 months, 1 six-bedroom multi family similar to 80 7th Avenue, have been sold.

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Sales:
(619) 566-0008
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