397 5th Avenue Brooklyn, NY 11215
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $1,214
Subdivision Park Slope
MLS Listing ID RLS20078243
Bedrooms 8
Full Baths 6
Half Baths 2
HOA Y/N Yes
Year Built 1899
Annual Tax Amount $7,176
Property Sub-Type Multi Family
Property Description
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.
Location
State NY
County Kings
Rooms
Basement Full
Interior
Interior Features Wet Bar, Built-in Features, Chandelier, High Ceilings, Recessed Lighting, Sound System, Bar
Heating Central, Forced Air, Natural Gas, Wall Furnace
Cooling Central Air, Wall Unit(s)
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
Exterior Feature Private Entrance, Private Outdoor Space Under 60 Sqft
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family,Mixed Use
Story 3
New Construction No
Others
Tax ID 00994-0003
Ownership None
Monthly Total Fees $598
Pets Allowed Building No, No
Nearby Locations
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