$4,800,000
Updated 11 years ago
Off Market

375 5th Street

Park Slope, Brooklyn | 5th Ave & 6th Ave

10 Rooms6 Beds6.5 Baths4,400 Square FeetMulti-Family

$4,800,000
floors / apts3 / 2
Lot Size20'x100'
Built Size20'x55'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,420
Price Per SF
$1,091

Building Amenities

  • Gated Entry
  • Stoop Entry

Property Description for 375 5th Street

Ideal for an end-user who wants incredible additional rental income or a 1031 buyer looking for phenomenal turn-key investment property, this 3 family home is built 20' X 55' offering approximately 4400 square feet of useable space. This property has undergone a gorgeous custom designer renovation and has higher than condo quality finishes. It is configured as a 2 bed/ 2bath garden/parlor duplex, a 2 bed/2 bath middle floor through, and 2 bed/2 bath top unit with an expansive roof deck.

This home has been renovated to an almost unprecedented degree with gorgeous wide plank white oak floors, exposed brick, huge chef's kitchens with marble counters, shaker cabinetry, and state of the art appliances. The baths are marble with spa-like finishes. There are 3 decorative fireplaces. All doors throughout are double paneled heavy weight doors and all wooden thermal windows. All rooms are individually zoned with split-system AC and heat. Ceiling heights are soaring throughout. The total rent roll for this property would be approximately $216K per year with very low expenses and all tenants paying their own heat/hot water. All mechanicals, and structural systems are new, and the historic brick and brownstone has been meticulously restored.

This home may also be delivered with an approved condominium offering plan delivered Located in prime Central Park Slope very close to the best schools, shopping, dining, and transportation.

Listing History for 375 5th Street

Now
12/03/2015
POM by Jack Chiu
Douglas Elliman
10/31/2015
$4,800,000
Initial Price by Jack Chiu
Douglas Elliman

Building Details for 375 5th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1899
Floors/Apts3/2
Learn More About the Building

Transit and Citi Bike

Subway

4 Av-9 St
0.29 miles
7 Av
0.36 miles
Union St
0.43 miles

Citi Bike

5 St & 6 Ave
0.05 miles
5 Ave & 3 St
0.13 miles

Contact Agent

Contact Agent

Jack Chiu
Douglas Elliman

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: 52886TH