80 7th Avenue
Sold 10/31/24
Sold 10/31/24
Description
A rare investment opportunity in the heart of Park Slope. This classic, 4,800 square foot four story brownstone consists of a commercial space on the ground floor and three 2-bedroom floor-through free market residential rentals above. Located on Seventh Avenue off Berkeley Place, the property inhabits a densely foot trafficked and highly sought after rental area on Park Slope’s Northside.
Lovingly maintained by the same Owner for over 50 years, the residential units feature...Mixed Use in Prime Park Slope
A rare investment opportunity in the heart of Park Slope. This classic, 4,800 square foot four story brownstone consists of a commercial space on the ground floor and three 2-bedroom floor-through free market residential rentals above. Located on Seventh Avenue off Berkeley Place, the property inhabits a densely foot trafficked and highly sought after rental area on Park Slope’s Northside.
Lovingly maintained by the same Owner for over 50 years, the residential units feature beautiful pre-war details throughout, including original floors, moldings, and fireplaces. At 1,200 square feet per floor and in a prime location near Grand Army Plaza, Prospect Park, and numerous subway lines, these rental units are in high demand in a Park Slope neighborhood exploding in popularity. A successful deli / convenience store operates out of the commercial space, which includes a backyard, full basement and cold storage.
With a projected cap rate approaching 6%, this historic landmark is an ideal investment vehicle for those looking to generate income while participating in the long term price appreciation upside of trophy real estate assets in prime Brooklyn.
Listing Agents
![Jonah Katz]()
jonah@compass.comP: (631)-885-5346
![Sofia Elena Corbelle-de la Garza]()
sofia.delagarza@compass.comP: (929)-526-8831
![Lyon Porter]()
lyon@compass.comP: (917)-881-6762
Amenities
- Exposed Brick
- Decorative Fireplace
- Decorative Mouldings
- Hardwood Floors
- High Ceilings
- Walk Up
- Washer / Dryer in Unit
- Washer
Property Details for 80 7th Avenue
| Status | Sold |
|---|---|
| Days on Market | 250 |
| Taxes | $3,980 / month |
| Maintenance | - |
| Min. Down Pymt | - |
| Total Rooms | 21.0 |
| Compass Type | Townhouse |
| MLS Type | Multi Family |
| Year Built | 1921 |
| Views | None |
| Architectural Style | - |
| Lot Size | 1,600 SF / 20' x 80' |
| County | Kings County |
| Buyer's Agent Compensation | 3% |
Building
80 7th Ave
Virtual Tour
Building Information for 80 7th Avenue
Property History for 80 7th Avenue
| Date | Event & Source | Price | Appreciation |
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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 80 7th Avenue
Schools near 80 7th Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 5 |
Rating | School | Distance |
|---|---|---|
P.S. 282 Park Slope PublicPK to 5 | ||
Ms 266 Park Place Community Middle School Public6 to 8 | ||
GOTHAM PROFESSIONAL ARTS ACADEMY Public9 to 12 | ||
P.S. 133 William A Butler PublicPK 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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