A rare opportunity to acquire this multifamily, rent stabilized, building in one of Brooklyn's most sought after neighborhoods, just moments from Prospect Park.


Property

Website:https://www.nestseekers.com/5575578
Address:
1203 8th Avenue
Brooklyn, NY 11215
Cross street:12th Street
Type:Low-rise
Era:Post-war
Floors:4
Ownership: income-property
Rooms: 40
Bedrooms: Studio

Financials

Price:$2,500,000
Real estate tax:$30,288

Description

A rare opportunity to acquire this multifamily, rent stabilized, building in one of Brooklyn's most sought after neighborhoods, just moments from Prospect Park.

Surrounded by beloved restaurants, neighborhood shops, convenient subway access, and a nearby movie theater, this prime Park Slope location offers an exceptional lifestyle and enduring investment appeal.

Spanning approximately 6,611 square feet, the property is configured as eight spacious five-room apartments across four stories. Additional features include a large full basement with windows, front and rear access, and a private rear yard.

Whether you're completing a 1031 exchange, seeking long-term appreciation, expanding your investment portfolio, or looking for an owner occupied opportunity with rental income, this property checks all the boxes.

Don't miss the chance to own a solid income producing asset in one of Brooklyn's most desirable locations. Contact us today to schedule a private showing.

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of Corcoran Group

1203 8th Avenue Brooklyn NY 11215 USA