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532 6th Ave 6 Unit Apartment Building $4,200,000 ($700,000/Unit) 4.59% Cap Rate Brooklyn, NY 11215

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INVESTMENT HIGHLIGHTS

  • Fully free-market 6-unit multifamily in prime Park Slope
  • Two duplex units with private rear yard access
  • Steps from Prospect Park, shops, and dining
  • Renovated interiors with hardwood floors and in-unit laundry
  • Strong income performance with 4.59% cap rate
  • Excellent access to public transportation

EXECUTIVE SUMMARY

Starts NY Realty is delighted to offer a rare opportunity to acquire 532 6th Avenue, a distinguished 3-story multifamily property with a basement, located in the highly sought-after South Park Slope neighborhood of Brooklyn. This prime property is situated on the west side of 6th Avenue, nestled between 14th Street and 15th Street.
The building spans a total of 3,744 square feet of above-grade gross building area and was originally constructed in 1931. It consists of four 1-bedroom, 1-bathroom units, as well as two duplex units featuring two bedrooms each, located on the ground floor and lower level, both of which offer private rear yard access. The property is reportedly fully occupied. Resident amenities include in-unit washers and dryers. The site itself extends over approximately 2,543 square feet (roughly 0.06 acres) of land and features a rectangular, level lot at street grade.
Positioned in the heart of South Slope, each apartment boasts an open and spacious layout, including an eat-in kitchen and an expansive living room. The kitchen is equipped with high-end stainless steel appliances and sleek granite countertops. Additional comforts include hardwood floors throughout, in-unit laundry, and wall-mounted air conditioning and heating. All units have been renovated to offer modern convenience and style.
Step outside, and you’ll find an array of fantastic restaurants, bars, and shops just around the corner. The iconic Prospect Park, with all its natural beauty, is just a few blocks away, adding even more appeal to this exceptional location.
Don’t miss the opportunity to view this exceptional property. Contact us today to schedule a showing!

PROPERTY FACTS

Price $4,200,000
Price Per Unit $700,000
Sale Type Investment
Cap Rate 4.59%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.06 AC
Building Size 3,744 SF
No. Stories 3
Year Built 1931
Zoning R6,Brooklyn,(C2)

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range

SITE AMENITIES

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

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 - -
2+2 2 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (100)
Bike Score®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01042-0046
Land Assessment
$5,400
Improvements Assessment
$931,500
Total Assessment
$936,900
  • Listing ID: 35110317

  • Date on Market: 3/12/2025

  • Last Updated:

  • Address: 532 6th Ave, Brooklyn, NY 11215

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