397 5Th Ave, New York, NY

Name: 397 5Th Ave, For Sale in New York - Zoocasa
Brand: Compass
SKU: RLS20078243
Price: 4650000 USD

House

For Sale

Listed price in listed location currency (USD).

$4,650,000

850

MLS® RLS20078243

Overview

Key Facts

Type Multi Family

Levels Residential

Size 3828 sqft

Garage

Taxes $7,176

Days Active 52

Lot Size 1429 SF

Approx. Age 1899

Avg. Price Per Sqft $1,214

MLS® Number RLS20078243

Property Address: 397 5th Ave, New York, NY, 10016-3303

Average square foot calculated using Size range provided by listing agent.

Description

**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn** Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods. Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years, In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.

MLS® NumberRLS20078243

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1899

BasementFull

Driveway

Garage Spaces

HeatCentral, Forced Air, Natural Gas, Wall Furnace

A/CCentral Air, Wall Units

Extras

Map

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