Brooklyn, NY 11215,346 7th AVE
Brooklyn, NY 11215,346 7th AVE
Brooklyn, NY 11215,346 7th AVE
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$3,650,000
Est. payment /mo
4,680 SqFt

UPDATED:

12/09/2024 01:05 PM

Key Details

Property Type Mixed Use

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,680 sqft

Price per Sqft $779

MLS Listing ID 487365

Annual Tax Amount $17,838

Property Description

Calling All Investors: Exceptional High-Rental Income Opportunity! This is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just minutes away from the F and G subway lines at the 7th Avenue station, providing unparalleled convenience and accessibility. Built on a 19.5 ft x 80 ft lot and zoned R6A, C2-4, this property offers 4,680 square feet of income-generating space, including six rent-stabilized residential units and one commercial unit. The building footprint spans 19.5 ft x 60 ft, with each residential unit fully occupied. All units feature in-unit washers and dryers , hardwood floors, oversized windows, and decorative brick fireplaces, adding charm and modern appeal. The commercial space, currently occupied by a popular Sugaring Boutique , provides steady income in addition to the robust rental income from residential units. Fully occupied and income-producing, this property is a fantastic turnkey investment for anyone looking to establish or expand their portfolio in the highly desirable Park Slope neighborhood. With strong rental demand and a prime location, this is the perfect investment to secure both stability and growth. Schedule a viewing today to explore this incredible opportunity firsthand!

Location

State NY

County Kings (brooklyn)

Area Park Slope

Zoning R6A, C2-4

Rooms

Basement Other

Interior

Interior Features Other

Hot Water Other

Heating Other

Flooring Other

Heat Source Other

Exterior

Exterior Feature Other

Roof Type Other

Building

Story 5

Foundation Other

Others

Energy Description Other

Financing 1031 Exchange,Bank Mortgage,Cash


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Randy Reis

+1(917) 336-1118

Team Leader | License ID: 40RE1176716

Team Leader License ID: 40RE1176716

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