315 7th Street
315 7th Street
Sold 6/16/22
Sold 6/16/22
Description
This attached three-family is an ideal opportunity to acquire a beautifully renovated building in the heart of ultra-desirable Park Slope. With an owner's duplex and two additional units, this is an excellent acquisition for investors or end-users seeking additional rental income.
Tall ceilings and northern and southern exposures create a bright and airy ambiance in each floor-through home. Enjoy brand new windows and flooring throughout. Updated kitchens feature...PLEASE EMAIL US FOR ALL SHOWING REQUESTS!
This attached three-family is an ideal opportunity to acquire a beautifully renovated building in the heart of ultra-desirable Park Slope. With an owner's duplex and two additional units, this is an excellent acquisition for investors or end-users seeking additional rental income.
Tall ceilings and northern and southern exposures create a bright and airy ambiance in each floor-through home. Enjoy brand new windows and flooring throughout. Updated kitchens feature new custom cabinetry, quartz countertops and stainless steel appliances, including gas ranges. Bathrooms are finished with stunning floor-to-ceiling tile and contemporary fixtures.
The two-bedroom, two bathroom owner's duplex begins on the parlor level, where 10-foot-tall ceilings rise above a formal dining room, a full bath, a windowed kitchen and two spacious bedrooms. Below, enjoy a large living area that opens to the private backyard and patio. A full bathroom, separate entrance, large home office and storage complete the unit. On the upper floors are two two-bedroom with windowed kitchen, dining area, and one-bathroom flats offer 9.6-foot ceilings and flexible floor plans. An updated façade and a contemporary entry door add fantastic curb appeal to this handsome building.
Ideally situated on a tree-lined Brooklyn block, the building delivers easy access to legendary Park Slope shopping, dining and nightlife destinations on 5th and 7th avenues. One block north, Washington Park offers a playground, dog park, skatepark, a farmers' market and The Old Stone House. Four blocks east, sprawling Prospect Park features endless trails, verdant open space and access to the Brooklyn Museum, Botanic Garden and Library. Transportation is effortless with F, G, R/Q and 2/3 trains, excellent bus service, and CitiBikes nearby.
Building Info:
Lot size: 18 feet x 100 feet
Building size: 18 feet x 46 feet
Maximum FAR allowed: 2
FAR as built: 1.38
Unused FAR: 1,116 square feet
Projected Annual Rent Roll from all 3 units: $138K
Projected Income unit 1: 2 Bed/ 2 Bath owners duplex + private backyard ~ $4,500
Projected Income unit 2: 2 Bed/ 1 Bath ~ $3,500
Projected Income unit 3: 2 Bed/ 1 Bath ~ $3,500
Projected Cap Rate: ~5%
Property will be delivered vacant and all photos have been virtually staged.
Listing Agents
![Jackie Soussan]()
jackie.soussan@compass.comP: 646.785.9600
![Daniel McEneaney]()
daniel.mceneaney@compass.comP: 929.310.2404
Amenities
- Private Yard
- High Ceilings
- Walk Up
- Window AC can be Installed
- Dishwasher
- Stainless Steel Appliances
- Energy Star Appliances
- Media / Recreation Room
Location
Property Details for 315 7th Street
| Status | Sold |
|---|---|
| Days on Market | 20 |
| Taxes | $562 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 16.0 |
| Compass Type | Townhouse |
| MLS Type | House/Building |
| Year Built | 1901 |
| Lot Size | 1,800 SF / 18' x 100' |
| County | Kings County |
Building
315 7th St
Location
Virtual Tour
Building Information for 315 7th Street
Payment Calculator
$17,207 per month
30 year fixed, 7.25% Interest
$16,645
$562
$0
Property History for 315 7th Street
| Date | Event & Source | Price | Appreciation | Link |
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| Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 315 7th Street
Schools near 315 7th Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
P.S. 39 Henry Bristow PublicK to 5 | ||
Ms 51 William Alexander Public6 to 8 | ||
John Jay School for Law Public9 to 12 | ||
Maurice Sendak Community School PublicK to 5 |
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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