311 7th Avenue

Baths
5,984 Sq. Ft.
$926 / Sq. Ft.
5,984
Sq. Ft.
$926
per Sq. Ft.

Description

PRIME MIXED-USE BUILDING IN PARK SLOPE...located on 7th Avenue between 8th and 9th Streets on a main commercial corridor only two blocks from Prospect Park and half a block from the F,G subway lines. The four (4) story brownstone building currently consists of nine (9) rental units and one ground floor commercial space that is currently leased to a restaurant- Rice Thai Kitchen (a neighborhood favorite) that can be delivered vacant. Seven (7) of the nine (9) units will be delivered at free market...PRIME MIXED-USE BUILDING IN PARK SLOPE...located on 7th Avenue between 8th and 9th Streets on a main commercial corridor only two blocks from Prospect Park and half a block from the F,G subway lines. The four (4) story brownstone building currently consists of nine (9) rental units and one ground floor commercial space that is currently leased to a restaurant- Rice Thai Kitchen (a neighborhood favorite) that can be delivered vacant. Seven (7) of the nine (9) units will be delivered at free market rent. There is currently one (1) studio rent stabilized and one (1) studio rent controlled. The building has gone through extensive renovations to the interiors of the apartments. Additionally, a video intercom system has been installed. Excellent investment opportunity as the building will generate $406K+ annually of income and the building will have a cap rate of over 6.4%. Call or e-mail for an appointment and building set-up.

Amenities

  • Ground Floor
  • Walk Up
  • Voice Intercom
  • Video Intercom
  • Lowrise
  • Intercom
  • Brownstone
LISTING UPDATED: 01/20/2022 12:41 AM

Property Details for 311 7th Avenue

StatusSold
MLS IDRLS10071509
Days on Market238
Taxes-
Maintenance-
Min. Down Pymt-
Total Rooms0.0
Compass TypeCo-op
MLS TypeCo-op
Year Built1921
CountyKings County

Building

311 7th Ave

9 Units4 StoriesBuilt in 1921
Add your commute

Building Information for 311 7th Avenue

Building/Complex311 7th AveFloor-Stories4Residences9Pet Policy-Pet Policy Details-Year Built1921Building Size25' x 65'

Payment Calculator

$26,996 per month

30 year fixed, 6.15% Interest

Principal and Interest

$26,996

Property Taxes

$0

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 311 7th Avenue

Summary
Location and General Information
  • Subdivision Name: PARKSLOP
  • Cross Street: 8th Street
  • Stories Total: 0
Taxes and HOA
  • Tax Block: 0
  • Building Tax Lot: 0
Parking
  • Garage: No
Property
Lot Information
  • Living Area: 5984.0
  • Living Area Units: SquareFeet
Building Information
  • Building Pets Allowed: BuildingNo
Property and Assessments
  • Common Interest: Condop
Interior and Exterior Features
Interior Features
  • Floor Number: 0
  • ElevatorsTotal: 0
Multi Family
Multi-Family Information
  • Unit Line: 0
  • Number Of Units Total: 0
Rental
Rental Information
  • Delivered Vacant: No

Property History for 311 7th Avenue

DateEvent & SourcePriceAppreciationLink
Jul 15, 2014

Sold

RLS RESO #RLS10071509

$5,539,050
Nov 18, 2013

Listed (Active)

RLS RESO #RLS10071509

$5,595,000
DateEvent & SourcePrice
07/15/2014

Sold

RLS RESO #RLS10071509

$5,539,050
11/18/2013

Listed (Active)

RLS RESO #RLS10071509

$5,595,000

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

Public Records for 311 7th Avenue

Taxable ValueLand$20,250Additions$1,284,300Total$1,304,550
Home Facts
Total Finished SqFt5,984 SqFtLot Size2,271 SqFtYear Built1921ZoningR6AAPN3010900003

Schools near 311 7th Avenue

This home is within New York City Geographic District #15.
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

Similar Sold Homes

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 Elliman

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.