$2,500,000
Updated 8 years ago
Sold

294 5th Street

Park Slope, Brooklyn | 4th Ave & 5th Ave

15 Rooms6 Beds3 Baths2,780 Square FeetRental Property

$2,500,000
floors / apts3 / 3
Lot Size20'x100'
Built Size20'x45'
ZoneR6B
Building TypeTownhouse
RE Taxes$4,968
Price Per SF
$899

This property was sold for $2,500,000 on 04/09/18.

Listing Features

  • Original Details

Outdoor space and views

  • Backyard

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room

Property Description for 294 5th Street

AMAZING OPPORTUNITY to purchase a fantastic three unit townhouse in the Heart of Park Slope! This barrel front, brick facade, three-story beauty is currently configured as a legal three family, all two-bedroom, one-bath apartments. There are a wealth of possibilities: you can retain the current layout or turn the house into a single family home or owner duplex with rental units.

The townhouse measures 20' wide by 45' deep on a 100' lot and has additional build-able FAR. With wonderful northern and southern exposure the property gets beautiful light all day long and features a 20 by 55 garden. The house has charming original details such as over-sized windows and pocket doors. Located on an idyllic tree-lined street just minutes from all the shops and eateries of 5th Avenue, subways on 9th Street, and Prospect Park, the location is fantastic.

Rent Roll:
First floor garden apartment rented at $3,000, lease till May 2018.
Second floor was renting at $2,500, lease just ended in January 2018.
Third floor owner occupied, vacant upon sale, market rent $2,500.

Check out the virtual tour at 294fifth.com

Building Details for 294 5th Street

OwnershipRental Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1910
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

4 Av-9 St
0.15 miles
Union St
0.39 miles

Citi Bike

4 Ave & 3 St
0.11 miles
7 St & 5 Ave
0.12 miles

Contact Agents

Contact Agents

Richard Murray
Keller Williams NYC
Licensed As
Edward Kalisvaart
Associate Broker
License#:
#10301210475
Company:
Keller Williams NYC
Edward Kalisvaart
Keller Williams NYC

Park Slope | Brooklyn

Quick Profile

Boasting beautiful tree-lined streets, brownstones and a range of activities for all age groups, Park Slope is consistently ranked as one of New York’s most desirable neighborhoods. Filled with lush parks and greenery, the neighborhood is also known for its rare combination of excellent public schools, award-winning restaurants, nightlife, small independently owned businesses and community gardens.

Situated at the western slope of Prospect Park, the neighborhood is divided into different sections: North Slope, Center Slope and South Slope. Depending on who you ask, of course, the definitions of where these borders end and begin may vary (is the divide between North and Center deemed Union Street, Garfield Place, 1st Street or 3rd Street? The one between Center and South 6th Street, 9th Street, 11th Street or 15th Street?). 

Regardless of what part of the Slope you find yourself on, there’s no shortage of architectural beauty. From row houses to brownstones to mansions, the idyllic setting of the neighborhood is further enhanced by its Romanesque and Renaissance Revival styles. Case in point of this is also two of the area’s most well-known churches, Park Slope United Methodist Church and Saint Augustine Roman Catholic Church. 

Revered for its family-friendly appeal, Park Slope is often regarded as one of the best places to raise a family in New York City. That said, it doesn’t mean that parents don’t know how to have a good time... a slew of bars constantly opening in the neighborhood ranging from the high-end cocktail saloon to the dive (well, by Park Slope standards, anyway). 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 71961TH