80 7th Avenue

Park Slope

$3,950,000
Price
6
Beds
3
Baths
4,800 Sq. Ft.
$823 / Sq. Ft.
4,800
Sq. Ft.
$823
per Sq. Ft.

Description

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
...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

  1. Jonah Katz

    Jonah Katz

    Listing Agent

    Compass

    jonah@compass.com

    P: 631.885.5346

  2. Lyon Porter

    Lyon Porter

    Alternative Listing Agent

    Compass

    lyon@compass.com

    P: 917.881.6762

Amenities

  • Exposed Brick
  • Decorative Fireplace
  • Decorative Mouldings
  • Hardwood Floors
  • High Ceilings
  • Walk Up
  • Washer / Dryer in Unit
  • Washer
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LISTING UPDATED: 04/12/2024 12:15 AM

Property Details for 80 7th Avenue

StatusContract Signed
Days on Market250
Taxes$3,980 / month
Maintenance-
Min. Down Pymt-
Total Rooms21.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1921
Lot Size1,600 SF / 20' x 80'
CountyKings County

Building

80 7th Ave

3 Units4 StoriesBuilt in 1921
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Virtual Tour

Building Information for 80 7th Avenue

Stories4Residences3Year Built1921Building Size20' x 50'Building Sq. Ft4,000 SFLot Size1,600 SF / 20' x 80'Building Age-Building Type-

Payment Calculator

$25,537 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,557

Property Taxes

$3,980

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 80 7th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 80 7th Avenue

Taxable ValueLand$310,950Additions$913,950Total$1,224,900
Home Facts
Total Finished SqFt6,400 SqFtLot Size1,600 SqFtYear Built1921ZoningR6AAPN3009540040

Schools near 80 7th Avenue

This home is within Nyc Geog District #13 - Brooklyn.
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

Acorn Community High School
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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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.