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About This Home
This 0-bedroom, 16-bathroom residential multi family at 566 7th Street in Brooklyn, NY is listed for $7,499,000. on a 0.09 acres lot.
Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside.
All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10-15% below market rents, offering clear upside for investors. Key Highlights: - 15-unit limestone prewar building - 11 free market / 4 rent stabilized units - Upd
ated kitchens with stone counters & renovated baths - Ultra-prime Park Slope location - Apartments ~10-15% below market - 6.9% cap rate - Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn's most sought-after neighborhoods.
Key Features
- 0.09 acre lot
- 4 stories
Property Details
Amenities
Monthly Cost Estimate
$40,106/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
566 7th Street
Brooklyn, NY 11215
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Questions & Answers
This 0-bedroom, 16-bathroom residential multi family at 566 7th Street is listed at $7,499,000. The estimated monthly payment is $32,496 based on 20% down at 6.5% interest.
Key features include: 0.09 acre lot, 4 stories. Interior Features: A/C Unit - Window.
This property is listed by Vincent E. Salino and can be reached at (718) 382-9653 or vsalino@wolfprop.com.
