Updated 6 days ago
In contract
Park Slope, Brooklyn | 1st Street & 2nd Street
54 Rooms29 Beds18 Baths10,444 Square FeetIncome Property

$9,875,000
floors / apts4 / 18
Lot Size34'5"x117'8"
ZoneR7B
Building TypeLow-Rise
RE Taxes$81,811
Price Per SF
$946

Building Amenities

  • Video Intercom
  • Alarm System

Property Description

Turn-Key Multi-Family Investment Opportunity in Prime Park Slope 211 8th Avenue is a pre-war, recently gut renovated, multi-family building within the Park Slope Historic District and nestled just one street away from Prospect Park & bustling 7th avenue corridor filled with shops, restaurants, cafes and local conveniences. The property has gone through a meticulous $3.5M renovation and has an attractive mix of 17 top market rentals along with 1 rent controlled tenant. 17 units were completely re-imagined with condo level finishes throughout, including hallways, entryways, stairwells & basement. 211 8th Avenue has been completely reinvented to fit today's lifestyle less than two years ago. Unit features include Select satin finished oak flooring, Custom two-tone white and brown trim lacquer cabinetry, Quartz countertops, open living & dining concepts, spa-style Carrera marble bathrooms. Features also include stainless steel GE appliances, Alpha video home security, Fujitsu energy efficient split heating/cooling systems, Legrand USB/Power outlets, ample closet space, laundry and bike storage. Perfectly situated in the highly desirable Park Slope Historic District and is just one street away from Prospect Park West. Public transportation is easily accessible with the F, G, 2 & 3 lines just a short stroll away. The building has an annual gross rent potential of $655,000. Whether you are looking for a long term investment or potential condo conversion, 211 8th Avenue is a unique opportunity to own a trophy landmark just a street from coveted Prospect Park. Full financial setup available upon request*

Listing History

Now
11/12/2021
Contract Signed by Daniel Kandinov
Corcoran
01/19/2021
$9,875,000
Initial Price by Daniel Kandinov
Corcoran

Building Details

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVideo Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/18
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.37 miles
Grand Army Plaza
0.42 miles

Citi Bike

Garfield Pl & 8 Ave
0.08 miles
3 St & Prospect Park West
0.15 miles
3 St & 7 Ave
0.17 miles
2
36
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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: 74912TH