Rare investment opportunity in the heart of Park Slope! This 4-story pre-war townhouse features seven rent-stabilized residential units, two of which are currently owner-occupied, and offers immediate income with long-term upside in one of Brooklyn’s most sought-after neighborhoods.
Situated on a charming, tree-lined street, this 20’-wide brick building spans approximately 4,000 square feet and sits on a 20’ x 80’ lot. The building is configured as seven apartments across four floors—ideal for the savvy investor seeking stable returns and future potential.
Key features include:
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7 rent-stabilized units (six one-bedrooms and one one-bedroom floor-through)
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Consistent rental income with upside through gradual increases
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Original architectural details, hardwood floors, and high ceilings
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Full basement with storage and mechanicals
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Gas heat and separate electric meters for each unit
Zoned R6B, the property offers potential for renovation or future repositioning (consult your architect or zoning specialist). With low operating costs and excellent location, this building is a rare blend of character, stability, and potential.
Just steps to Prospect Park, the F/G subway lines, boutique shopping, dining, and all that Park Slope has to offer. Strong demand and a highly desirable location ensure continued tenancy and value.
PROPERTY ID: T732
PRICE: $1,999,000
FAMILIES: Seven
BUILDING SIZE: 20' x 50'
LOT SIZE: 20' x 80'
NEIGHBORHOOD: Park Slope
BEDROOMS: Seven
BATHROOMS: Seven
TAXES: $29,288/yr
STATUS: Available Now
AGENT: Sales Dept.
