346 7Th AveBrooklyn, NY 11215

For Sale
$39,999,999

High-rental income, prime Brooklyn location.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional mixed-use property at 346 7th Avenue, Brooklyn, NY 11215, presents a compelling investment opportunity. Located in the heart of Park Slope, this five-story building boasts 4,680 square feet of income-generating space situated on a 1,600 square foot lot (19.5 ft x 80 ft). The property is zoned R6A, C2-4 and includes six rent-stabilized residential units and one commercial unit, all currently occupied, providing immediate cash flow. Each residential unit features modern amenities such as in-unit washers and dryers, hardwood floors, oversized windows, and decorative brick fireplaces. The commercial space is currently leased to a thriving Sugaring Boutique. The building's prime location on 7th Avenue, between 9th and 10th Streets, offers unparalleled convenience with proximity to Prospect Park, the YMCA, numerous shops and restaurants, and the F and G subway lines. This turnkey investment is ideal for those seeking strong rental demand and significant growth potential in a highly desirable Brooklyn neighborhood. The asking price is $39,999,999. The building footprint is 19.5 ft x 60 ft.

Highlights

  • Exceptional mixed-use investment opportunity in Park Slope, Brooklyn.
  • Five-story building (4,680 sq ft) on a 1,600 sq ft lot (19.5 ft x 80 ft), zoned R6A, C2-4.
  • Six rent-stabilized residential units and one commercial unit (Sugaring Boutique), all currently occupied.
  • Residential units feature modern amenities (in-unit laundry, hardwood floors, oversized windows, fireplaces).
  • Prime 7th Avenue location (between 9th & 10th Streets), near Prospect Park, subway, and amenities.
  • Asking price: $39,999,999.

Property Details for 346 7Th Ave

Property type
Other mixed-use properties, Other land
Square Feet
1,680 SF
Stories
5

Location Insight

City
Brooklyn
County
Kings (Brooklyn)
State
New York
Latitude
40.6665481
Longitude
-73.9821774
346 7Th Ave, Brooklyn, New York

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346 7Th Ave
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