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Listing Courtesy of Compass
$ 1,500,000
Est. payment | /mo
16 Beds
8 Baths
5,868 SqFt
$ 1,500,000
Est. payment | /mo
16 Beds
8 Baths
5,868 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 5,868 sqft
Price per Sqft $255
Subdivision Gowanus
MLS Listing ID RLS20104275
Style Walk-Up
Bedrooms 16
Full Baths 8
HOA Fees $375/mo
HOA Y/N Yes
Year Built 1931
Annual Tax Amount $16,776
Property Sub-Type Multi Family
Property Description
Positioned at the intersection of Park Slope and Gowanus, this unique investment property presents a compelling opportunity to acquire a well-maintained 8-unit multifamily asset in one of Brooklyn's most consistently sought-after mixed use corridors.
Located along a prime stretch of 4th Avenue with exceptional access to transportation, the property is fully occupied and features a stable mix of one- and two-bedroom residences. Recent upgrades completed in 2025 contribute to the building's turnkey appeal, while strong projected income and favorable rental trends position the asset for both immediate cash flow and long-term upside.
In addition to its current performance, the property offers future potential with zoning permitting approximately 17,000 buildable square feet, a rare opportunity in a neighborhood continuing to see significant growth, investment, and demand.
Investment Highlights:
8-unit multifamily property
Prime Park Slope / Gowanus location
Fully occupied and rent stabilized
Recent renovations completed in 2025
New Roof
Strong projected income and long-term upside
Excellent access to major transportation
Future development possibility
Offering Memorandum upon request.
Located along a prime stretch of 4th Avenue with exceptional access to transportation, the property is fully occupied and features a stable mix of one- and two-bedroom residences. Recent upgrades completed in 2025 contribute to the building's turnkey appeal, while strong projected income and favorable rental trends position the asset for both immediate cash flow and long-term upside.
In addition to its current performance, the property offers future potential with zoning permitting approximately 17,000 buildable square feet, a rare opportunity in a neighborhood continuing to see significant growth, investment, and demand.
Investment Highlights:
8-unit multifamily property
Prime Park Slope / Gowanus location
Fully occupied and rent stabilized
Recent renovations completed in 2025
New Roof
Strong projected income and long-term upside
Excellent access to major transportation
Future development possibility
Offering Memorandum upon request.
Location
State NY
County Kings
Rooms
Basement Partial
Interior
Cooling Other
Furnishings Unfurnished
Fireplace No
Laundry See Remarks
Exterior
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family,Townhouse
Story 4
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Others
Tax ID 00992-0037
Ownership None
Monthly Total Fees $1, 773
Pets Allowed Building No, No
RLS Data display by WJFNY