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139 7th Ave
Brooklyn, NY 11215
Multifamily Property For Sale · 6 Units

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Investment Highlights

  • Located just a few blocks away from Prospect Park
  • First floor has outdoor patio/garden
  • Conveniently close to the neighborhood's excellent restaurants, schools, shops, and the Nighthawk Movie Theater.
  • 2nd floor has outdoor terrace/deck

Executive Summary

PRIME PARK SLOPE 7TH AVE MIXED-USE
Can't go wrong! Looking for a income producing 1031 Exchange or perhaps you are wanting to live for free while collecting rents? This renovated, well maintained mixed-use Brownstone is a lucrative investment opportunity and one that will generates future high income for years to come. It is situated in the bustling central business district of Park Slope, which boasts the highest foot traffic in the neighborhood. This beautiful, four story boasts two commercial units, four residential units, three private outdoor spaces, a full basement, and additional air rights for potential expansion or development. The possibilities are endless.
Residential are all month-to-month lease and so is one of the commercial spaces.
Located just a few blocks away from Prospect Park, residents can enjoy the weekly farmer's markets and top-notch summer entertainment at the Prospect Park Bandshell. The property is also conveniently close to the neighborhood's excellent restaurants, schools, shops, and the Nighthawk Movie Theater. Commuting to Manhattan or other parts of Brooklyn is a breeze, thanks to the easy accessibility of several subway and bus lines. Building setup can be provided upon request, and all showings are strictly by appointment only.

Property Facts

Price Per Unit $832,500
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class C
Lot Size 0.04 AC
Building Size 4,278 SF
No. Stories 4
Year Built 1920
Zoning R6A - R6 - Medium density residential district

Amenities

Unit Amenities

  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
01069-0009
Land Assessment
$14,850
Improvements Assessment
$877,950
Total Assessment
$892,800
  • Listing ID: 31650370

  • Date on Market: 4/30/2024

  • Last Updated:

  • Address: 139 7th Ave, Brooklyn, NY 11215

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