397 5th Ave, Brooklyn, NY 11215

$4,650,000
8
BD
5
BA
3,828
SqFt

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List Price
$4,650,000
Bedrooms
8
Bathrooms
5
Half-baths
2
Status
ACTIVE
Furnished
Unfurnished
Neighborhood
Park Slope
Region
Brooklyn
MLS#
RLS20078243

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.

Additional Information

Year Built
1899
Pets Allowed
No, No
Exterior Features
Private Entrance
Structure Type
Multi Family, Mixed Use
Furnished
Unfurnished
Cooling
Central Air, Wall Units
Heating
Central, Forced Air, Natural Gas, Wall Furnace

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Compass.

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