NY > Brooklyn > Park Slope
Brooklyn, NY 11215,524 5TH Street
Brooklyn, NY 11215,524 5TH Street
Brooklyn, NY 11215,524 5TH Street
22
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$3,100,000
Est. payment /mo
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16 Beds
8 Baths
Active

524 5TH Street Brooklyn, NY 11215

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Park Slope

MLS Listing ID RLS20023189

Bedrooms 16

HOA Y/N No

Year Built 1920

Annual Tax Amount $25,680

Property Sub-Type Multi Family

Property Description

Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily

Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner.

Property Highlights:

Eight spacious floor-through apartments, 4 stabilized & 4 market rent, each featuring:
Two true bedrooms and one full bathroom High ceilings and expansive living rooms Separate eat-in kitchens with modern appliances Original hardwood floors, crown moldings, and stained glass accents Abundant natural light from three exposures and multiple windows Central stairwell providing access to all units Fully leased, offering immediate and stable rental income Full English basement
Location & Accessibility:
Situated just one block from Prospect Park and 500 feet from the vibrant retail corridor of 7th Avenue, residents enjoy unparalleled access to local amenities, including cafes, boutiques, banks, pharmacies, and the renowned Park Slope Farmers Market. The F and G subway lines at 7th Avenue are a mere four blocks away, ensuring a swift commute to Manhattan and other parts of Brooklyn.

Investment Potential:
With its prime location, historic charm, and solid rental history, 524 5th Street is an exceptional addition to any investor's portfolio. The property's pre-war character combined with modern updates appeals to discerning tenants, ensuring continued demand and minimal vacancy.

Location

State NY

County Kings

Rooms

Basement Other

Interior

Interior Features Smoke Free

Fireplace No

Laundry In Unit

Exterior

View Y/N No

View Other

Porch None

Private Pool No

Building

Dwelling Type Townhouse

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 01084-0031

Ownership None

Monthly Total Fees $2, 140

Special Listing Condition Standard

Pets Allowed Building Yes, No

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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524 5TH Street

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