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277 7th St
Brooklyn, NY 11215
Multifamily Property For Sale
·
20 Units
Investment Highlights
- Rare 20-Unit Asset Exceptional opportunity to acquire a fully stabilized 20-unit multifamily building in Prime Park Slope, Brooklyn.
- Additional upside is generated through a rooftop lease with AT&T for cellular equipment, creating supplemental income beyond residential rents.
- The property is 100% occupied with all units rent-stabilized (no rent-controlled apartments.
Executive Summary
Prime Park Slope Investment. Rare 20-Unit Asset Exceptional opportunity to acquire a fully stabilized 20-unit multifamily building in Prime Park Slope, Brooklyn—one of the city’s most supply-constrained and high-demand rental markets. This well-maintained pre-war walk-up is in excellent condition and features a strong unit mix ranging from studios to three-bedroom apartments, ensuring consistent tenant demand and long-term income stability. The property is 100% occupied with all units rent-stabilized (no rent-controlled apartments), providing predictable cash flow and long-term appreciation potential. Additional upside is generated through a rooftop lease with AT&T for cellular equipment, creating supplemental income beyond residential rents. A true core asset in a premier Brooklyn location—ideal for investors seeking secure cash flow, proven demand, and long-term value preservation in one of NYC’s strongest rental corridors.
Property Facts
| Price Per Unit | $210,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6% | Building Size | 13,880 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1914 |
| Apartment Style | Mid-Rise | ||
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. | ||
| Price Per Unit | $210,000 |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 13,880 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1914 |
| Zoning | R6B - R6B As a contextual district, buildings developed in R6B Zoning must comply with Quality Housing Program Regulations. |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- Controlled Access
- Tenant Controlled HVAC
- Recycling
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 20 | - | - |
Property Taxes
| Parcel Number | 00993-0072 | Improvements Assessment | $1,214,550 |
| Land Assessment | $180,000 | Total Assessment | $1,394,550 |
Property Taxes
Parcel Number
00993-0072
Land Assessment
$180,000
Improvements Assessment
$1,214,550
Total Assessment
$1,394,550
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