524 5th Street

524 5th St
Park Slope

$3,100,000
Price
16
Beds
7,104 Sq. Ft.
$436 / Sq. Ft.
7,104
Sq. Ft.
$436
per Sq. Ft.
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a view of an empty room with wooden floor and a window
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Description

Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner. Property...Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner. Property Highlights: Eight spacious floor-through apartments, 4 stabilized & 4 market rent, each featuring: Two true bedrooms and one full bathroom High ceilings and expansive living rooms Separate eat-in kitchens with modern appliances Original hardwood floors, crown moldings, and stained glass accents Abundant natural light from three exposures and multiple windows Central stairwell providing access to all units Fully leased, offering immediate and stable rental income Full English basement Location & Accessibility: Situated just one block from Prospect Park and 500 feet from the vibrant retail corridor of 7th Avenue, residents enjoy unparalleled access to local amenities, including cafes, boutiques, banks, pharmacies, and the renowned Park Slope Farmers Market. The F and G subway lines at 7th Avenue are a mere four blocks away, ensuring a swift commute to Manhattan and other parts of Brooklyn. Investment Potential: With its prime location, historic charm, and solid rental history, 524 5th Street is an exceptional addition to any investor's portfolio. The property's pre-war character combined with modern updates appeals to discerning tenants, ensuring continued demand and minimal vacancy.
  1. Listed by Alessandra F Ruiz • Corcoran Group
    P: (718)-765-3888 C: (929)-417-0105 alessandra.ruiz@corcoran.com

Property Details for 524 5th Street

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LISTING UPDATED: 11/21/2025 02:41 PM

Property Details for 524 5th Street

StatusActive
MLS IDRLS20023189
Days on Market167
Taxes$2,140 / month
Maintenance-
Min. Down Pymt-
Total Rooms20.0
Compass TypeTownhouse
MLS TypeHouse/Building
Year Built1920
Lot Size2,600 SF / 100' x 26'
CountyKings County

Building

524 5th St

8 Units4 StoriesBuilt in 1920

Location

Listing Courtesy of Corcoran Group
Add your commute

Building Information for 524 5th Street

Stories4Residences8Year Built1920Building Size25.5' x 83'Building Sq. Ft8,466 SFLot Size2,600 SF / 100' x 26'Building AgePre-warBuilding TypeLowrise

Payment Calculator

$17,458 per month

30 year fixed, 6.28% Interest

Principal and Interest

$15,318

Property Taxes

$2,140

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 524 5th Street

Summary
Location and General Information
  • Subdivision Name: Park Slope
  • Stories Total: 4
  • Garage Spaces: 0.0
  • View: No
  • Zoning Description: R6B
Taxes and HOA
  • Tax Lot: 0031
  • Tax Block: 01084
  • Flip Tax: $0
  • Building Tax Lot: 0031
  • Tax Abatement YN: false
Parking
  • Garage: No
  • Garage Spaces Assigned YN: false
Property
Lot Information
  • Building Area Total: 2116.5
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 100.00x26.00
  • Living Area Units: SquareFeet
Building Information
  • Landmark Status YN: false
  • Building Smoke Free YN: true
  • Building Laundry Features: InUnit
  • Building Pets Allowed: BuildingYes
  • Capital Reserves YN: false
  • Green Building YN: true
Property and Assessments
  • New Development: No
  • Sponsor Unit: No
  • Certificate Of Occupancy: Yes
  • Percent Of Common Elements: .00%
  • New Construction: No
  • Structure Type: Townhouse
  • Property Condition: Good
Interior and Exterior Features
Exterior Features
  • Basement: Other
  • Patio And Porch Features: None
Interior Features
  • Entry Level: 1
  • Fireplace: No
  • Floor Number: 1
  • Basement: No
  • Cooling: No
  • ElevatorsTotal: 0
  • Size Dimensions: 83.00x25.50
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
Rental
Rental Information
  • Pets Allowed: UnitNo
  • Delivered Vacant: No
  • Attendance Type: None
  • Land Lease: No

Property History for 524 5th Street

DateEvent & SourcePriceAppreciationLink
Nov 21, 2025

Price Change

RLS RESO #RLS20023189

$3,100,000—
Jul 8, 2025

Price Change

RLS RESO #RLS20023189

$3,450,000—
Jul 8, 2025

Listed (Active)

RLS RESO #RLS20023189

$3,100,000—
DateEvent & SourcePrice
11/21/2025

Price Change

RLS RESO #RLS20023189

$3,100,000
07/08/2025

Price Change

RLS RESO #RLS20023189

$3,450,000
07/08/2025

Listed (Active)

RLS RESO #RLS20023189

$3,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 524 5th Street

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
P.S. 39 Henry Bristow
Public - K to 5
Park Slope Collegiate
Public - 6 to 12
Cyberarts Studio Academy
Public - 9 to 12
Millennium Brooklyn High School
Public - 9 to 12
Rating
School
Distance
P.S. 39 Henry Bristow
PublicK to 5

Park Slope Collegiate
Public6 to 12

Cyberarts Studio Academy
Public9 to 12

Millennium Brooklyn High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 524 5th Street, Park Slope

524 5th Street is a townhouse for sale in Park Slope. This property was listed for sale on July 8, 2025 by Corcoran Group, it's currently listed at $3,100,000. This listing's school district is New York City Geographic District #15. Nearby schools include P.S. 39 Henry Bristow, Park Slope Collegiate and Cyberarts Studio Academy. 524 5th Street is a 16-bed, 8-bath, 7,104 sqft townhouse built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran Group

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2025, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2025 The Real Estate Board of New York, Inc., All rights reserved.