# 397 5th Avenue, Brooklyn, NY 11215 > **TL;DR:** 8bd/5ba commercial, $4,650,000 ($1215/sqft), 3,828 sqft. Est. $24,869/mo. Listed 97 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $4,650,000 | | Price/sqft | $1215 | | Bedrooms | 8 | | Bathrooms | 5 full | | Square Feet | 3,828 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 97 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $23,513 | | Estimated Insurance | $1,356 | | **Total** | **$24,869** | ## Description ### Agent Description **Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn** Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods. Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years, In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don't miss this opportunity to invest in a thriving area with a solid track record of demand and profitability. ## Location - **Address:** 397 5th Avenue, Brooklyn, NY 11215 - **County:** Kings - **Neighborhood:** Park Slope - **Coordinates:** 40.670474, -73.98492 - **Google Maps:** https://www.google.com/maps?q=40.670474,-73.98492 ## Virtual Tour & Media - **Video Tour:** https://www.compass.com/listing/2064741693968086041/view ## Listing Agent - **Name:** Louis Esposito - **Brokerage:** Compass - **Broker Phone:** 6469820353 ## Photos ![397 5th Avenue - Photo 1](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f2889063939r.jpg) ![397 5th Avenue - Photo 2](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f2227568438r.jpg) ![397 5th Avenue - Photo 3](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f2182866296r.jpg) ![397 5th Avenue - Photo 4](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f3650911574r.jpg) ![397 5th Avenue - Photo 5](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f3566710311r.jpg) ![397 5th Avenue - Photo 6](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f2770185279r.jpg) ![397 5th Avenue - Photo 7](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f664835635r.jpg) ![397 5th Avenue - Photo 8](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f2675859150r.jpg) ![397 5th Avenue - Photo 9](http://lh.rdcpix.com/ef2117e006f4ca00b937915501277e72l-f732581519r.jpg) --- **MLS#:** 11902327 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/397-5th-avenue-brooklyn-ny-11215-4e93cce58f7442609ba95aecd5330749) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/397-5th-avenue-brooklyn-ny-11215-4e93cce58f7442609ba95aecd5330749#listing", "url": "https://www.propertysimple.ai/listing/397-5th-avenue-brooklyn-ny-11215-4e93cce58f7442609ba95aecd5330749", "name": "397 5th Avenue, Brooklyn, NY 11215", "description": "**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn** Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods. 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