397 5th Avenue

Property Description

**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.

Overview

Property Status

For Sale

Lot Size

1,429 Sq.Ft.

MLS ID

RLS20078243

Property Type

Multi-Family

Year Built

1899

Are you interested?

Schedule a Tour

or Contact

Louis Esposito

(718) 781-8310 [email protected]

RoseAnne Degliuomini

(718) 710-1844 [email protected]

Features & Amenities

Total Area

3,828 Sq.Ft.

Stories

Heat Type

Central, Forced Air, Natural Gas, Wall Furnace

Air Conditioning

Central Air, Wall Unit(s)

Laundry Room

See Remarks

Other Interior Features

Wet Bar, Built-in Features, Chandelier, High Ceilings, Recessed Lighting, Sound System, Bar

Other Exterior Features

Private Entrance, Private Outdoor Space Under 60 Sqft

Sales Price

$4,650,000

Real Estate Tax

$7,176/yr

Are you interested?

Schedule a Tour

or Contact

Louis Esposito

(718) 781-8310 [email protected]

RoseAnne Degliuomini

(718) 710-1844 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

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for your interest in 397 5th Avenue, Brooklyn, NY 11215

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