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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.

397 5th Avenue
Brooklyn, NY 11215

Listing

Web ID:5661064
Website:https://www.nestseekers.com/5661064
Cross street:6th Street
Building:397 5th Avenue Brooklyn
Type:Townhouse
Era:Post-war
Floors:3

Property

Ownership: Mixed Use
Rooms: 16
Bedrooms: Studio

Financials

Price:$4,650,000
Real estate tax:$7,176

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.

Amenities

  • Air Conditioning
  • Gas
  • Voice Intercom
  • Walk-up
  • Floorplan Floorplan
  • Floorplan Floorplan
  • Floorplan Floorplan

Location

397 5th Avenue Brooklyn NY 11215 USA

Contact

Williamsburg, NY
578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
williamsburg@nestseekers.com
Listing Courtesy of Compass
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