571 8th Street

6,196 Sq. Ft.
$500 / Sq. Ft.
6,196
Sq. Ft.
$500
per Sq. Ft.

Description

Rare Generational Opportunity – First Time Offered in Over 50 Years
Offered for the first time in more than half a century, this well-maintained six-family building is situated on a quiet park block in an unbeatable location, representing a rare opportunity to acquire a long-term, legacy asset in one of the area’s most desirable residential settings.
The property offers the potential for the top three floors to be delivered vacant, providing immediate flexibility for repositioning, rental upside, or
...Rare Generational Opportunity – First Time Offered in Over 50 Years

Offered for the first time in more than half a century, this well-maintained six-family building is situated on a quiet park block in an unbeatable location, representing a rare opportunity to acquire a long-term, legacy asset in one of the area’s most desirable residential settings.

The property offers the potential for the top three floors to be delivered vacant, providing immediate flexibility for repositioning, rental upside, or long-term family ownership. With thoughtful execution, the building can be built into an approximate 6.5% cap, making it a compelling value-add opportunity supported by strong fundamentals.

The building is filled with natural light, has been carefully maintained by the same ownership for decades, and presents a clean, straightforward canvas for the next owner. This is an ideal asset for a buyer seeking a generational investment combining stability, upside, and an irreplaceable location.

Offering Memorandum available upon request.

Listing Agents

  1. Ian Mednick

    Ian Mednick

    Listing Agent

    Compass

    ian.mednick@compass.com

    P: (203)-858-5789

  2. Paul Hyun

    Paul Hyun

    Alternative Listing Agent

    Compass

    paul.hyun@compass.com

    P: (718)-690-0297

Amenities

  • High Ceilings
  • Walk Up
  • Voice Intercom
  • Full Basement
  • Southwestern Exposure
  • Semi-Detached
  • Attach / Row Hse
  • Lowrise
LISTING UPDATED: 01/15/2026 04:15 PM

Property Details for 571 8th Street

StatusActive
Days on Market17
Taxes$2,515 / month
Maintenance-
Min. Down Pymt-
Total Rooms21.0
Compass TypeMulti Family
MLS Type-
Year Built1920
Lot Size2,250 SF / 23' x 100'
CountyKings County
Buyer's Agent Compensation2%

Building

571 8th St

6 Units4 StoriesBuilt in 1920
Add your commute

Building Information for 571 8th Street

Stories4Residences6Year Built1920Building Size22.5' x 80'Building Sq. Ft7,200 SFLot Size2,250 SF / 23' x 100'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$17,624 per month

30 year fixed, 6.15% Interest

Principal and Interest

$15,109

Property Taxes

$2,515

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 571 8th Street

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

Manual

$3,100,000
DateEvent & SourcePrice
01/15/2026

Listed (Active)

Manual

$3,100,000

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

Public Records for 571 8th Street

Taxable ValueLand$13,950Additions$1,083,330Total$1,097,280
Tax Record2025$29,240 ($2,437 / month) Tax Class2ATax Rate12.5%
Home Facts
Total Finished SqFt6,196 SqFtLot Size2,250 SqFtYear Built1920ZoningR7BAPN3010890045

Schools near 571 8th Street

This home is within New York City Geographic District #15.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 107 John W Kimball
PublicPK 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.

Neighborhood Map and Transit

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571 8th Street is a multi-family home for sale in Park Slope. This property was listed for sale on January 15, 2026 by Compass, 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. 107 John W Kimball, Park Slope Collegiate and Cyberarts Studio Academy. 571 8th Street is a 12-bed, 6-bath, 6,196 sqft multi-family home 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.

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 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 2026, 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. ©2026 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.©2026 The Real Estate Board of New York, Inc., All rights reserved.