344 7th Avenue

Park Slope

$5,000,000
Price
9
Beds
4,680 Sq. Ft.
$1,068 / Sq. Ft.
4,680
Sq. Ft.
$1,068
per Sq. Ft.

Description

Rare opportunity for end user and investors to own this incoming producing Four (4) Story Mixed Use Historic Property in absolute prime neighborhood, Park Slope, one of the most desirable and sought after downtown Brooklyn Location. This property boasts incredible potential for the new owner to collect an increasingly appreciating rental income. This 1 commercial store plus 3 family building features a well-established Thai Restaurant on the ground floor and 3 apartments above. Each apartments features...Rare opportunity for end user and investors to own this incoming producing Four (4) Story Mixed Use Historic Property in absolute prime neighborhood, Park Slope, one of the most desirable and sought after downtown Brooklyn Location. This property boasts incredible potential for the new owner to collect an increasingly appreciating rental income. This 1 commercial store plus 3 family building features a well-established Thai Restaurant on the ground floor and 3 apartments above. Each apartments features 3 bedrooms in excellent condition with hardwood floor, updated kitchens and baths, exposed brick and separate air conditioning/heating split units. This R6A zoned solid brick construction sits on a 20x80' lot with a 20x60' building size offering 4,680 SQFT of living/commercial space. It is closed to all: F/G subway at the corner and surrounded by N/R/D trains, steps to Prospect Park and excellent schools, heavy foot traffic with nearby commercial stores and attractions. Won't Last!
  1. Listed by Jason Zhou • RE/MAX Edge

Amenities

  • Ground Floor
  • Exposed Brick
  • Decorative Fireplace
  • Hardwood Floors
  • High Ceilings
  • Walk Up
  • Central AC
  • Stainless Steel Appliances

Location

Listing Courtesy of RE/MAX Edge
Add your commute
LISTING UPDATED: 05/07/2024 04:33 PM

Property Details for 344 7th Avenue

StatusActive
MLS ID476679
Days on Market244
Taxes$21,880 / year
Maintenance-
Min. Down Pymt-
Total Rooms2.0
Compass TypeMixed Use
MLS TypeMixed Use
Year Built1921
Lot Size1,560 SF / 20' x 80'
CountyKings County

Building

344 7th Ave

3 Units4 StoriesBuilt in 1921

Location

Listing Courtesy of RE/MAX Edge
Add your commute

Building Information for 344 7th Avenue

Stories4Residences3Year Built1921Lot Size1,560 SF / 20' x 80'Building AgePre-warBuilding TypeTownhouse

Payment Calculator

$29,110 per month

30 year fixed, 7.25% Interest

Principal and Interest

$27,287

Property Taxes

$1,823

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 344 7th Avenue

Summary
Location and General Information
  • Block: 1012
  • Number Of Stories: 1
  • Cross Street Name: 9th St
  • Cross Street Name: 10th St
  • Zoning: R6A
  • Roof: Flat
Parking
  • Parking Attributes: None
  • Parking Feature Single: None
Taxes and HOA Information
  • Financing: 1031 Exchange, Bank Mortgage, Cash
  • Tax Amount: 21880.0
Property
Lot Information
  • Sq Ft Total: 4680
  • Yard: Back
  • Lot Number: 44
  • Lot Size Irregular YN: No
  • Lot Size Length: 80
  • Lot Size Width: 20
Property and Assessments
  • Commercial Condo YN: No
Utilities
  • Heat Delivery: Baseboard
  • Heating Fuel: Gas
  • AC Units: 5+
  • Hot Water: Gas
Interior and Exterior Features
Interior Features
  • Basement Amenities: Finished, Full
  • Commercial Features Interior: None
  • Foundation Details: Poured Concrete
  • Flooring: Hardwood, Tile
  • Unit Count: 0
  • Lavatories: None
  • Construction Materials: Brick
  • Electric: 110 V, 220 V, Circuit Breakers
Exterior Features
  • Exterior: Brick
  • Commercial Features Exterior: None
Multi Family
Multi-Family Information
  • Building Footprint Sq Ft: 1200.0
  • Building Length: 60.0
  • Building Type: Attached
  • Building Width: 20.0
Agent
Sale and Listing
  • Sale Type: Arm's Length
Rental
Rental Information
  • Owner Occupied: No

Property History for 344 7th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 344 7th Avenue

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
P.S. 39 Henry Bristow
PublicK to 5

Park Slope Collegiate
Public6 to 12

John Jay School for Law
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

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

344 7th Avenue is a mixed use property for sale in Park Slope. This property was listed for sale on September 7, 2023 by RE/MAX Edge, it's currently listed at $5,000,000. This listing's school district is Nyc Geog District #15 - Brooklyn. Nearby schools include P.S. 39 Henry Bristow, Park Slope Collegiate and John Jay School for Law. 344 7th Avenue is a 9-bed, 0-bath, 4,680 sqft mixed use property built in 1921.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Edge

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 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 2024, 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. ©2024 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.©2024 The Real Estate Board of New York, Inc., All rights reserved.