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311 6th Ave
Park Slope, Brooklyn | 2nd Street & 3rd Street
17 Beds8,225 Square FeetIncome Property
$5,500,000
$5,500,000
Updated 4 years ago
Sold

311 6th Ave

Park Slope, Brooklyn | 2nd Street & 3rd Street

17 Beds8,225 Square FeetIncome Property

$5,500,000
floors / apts4 / 8
Lot Size23'5"x97'8"
Built Size23'5"x70'
ZoneR6B
Building TypeLow-Rise
RE Taxes$26,947
Price Per SF
$669

This property was sold for $5,500,000 on 08/25/22.

Building Amenities

  • Voice Intercom
  • Roof Deck

Property Description for 311 6th Ave

Ariel Property Advisors has been retained on an exclusive basis to arrange the sale of 311 6th Avenue, an eight-unit walk-up building in Park Slope. The four-story building is located on the east side of 6th Avenue between 2nd and 3rd Street. The building totals 8,225 square feet, 6,580 of which is above grade. The lot measures 2,299 gross square feet. The eight-unit building consists of all free market units. Currently, seven of the units are occupied and one is vacant. The unit mix is comprised of seven two-bedroom units and one three-bedroom unit. The first floor of the building features a two-bedroom duplex with 990 square feet below grade and access to a yard in the rear of the building. All tenants have access to a rooftop deck as well. The subject property is located in the heart of Park Slope surrounded by numerous local shops, restaurants and bars that are along 5th Avenue and 7th Avenue. The surrounding area is also home to many national retail outlets such as Barnes and Nobles, Chipotle, Rite Aid and New York Sports Club. Prospect Park is a short walk from the four-story building as well as several educational facilities such as PS 321 William Penn. The area is well served by public transportation with the F and G line at the 7th Ave station, the N,R,W at Union St. Station and several bus lines that serve the immediate area. 311 6th Avenue presents prospective investors the opportunity to acquire a strong cash-flowing multifamily building in a highly desirable area. Additionally, this building also affords the prospective buyer the option to convert the existing building to condominium units.

Listing History for 311 6th Ave

Now
08/25/2022
$5,500,000
Sold and Closed by Benjamin D. Vago
Ariel Property Advisors
07/19/2022
$5,500,000 [-$400,000] [6.8%]
Price Drop by Benjamin D. Vago
Ariel Property Advisors
Load More

Building Details for 311 6th Ave

OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/8
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.39 miles
Union St
0.4 miles
4 Av-9 St
0.42 miles

Citi Bike

1 St & 6 Ave
0.07 miles
5 St & 6 Ave
0.14 miles

Contact Agents

Contact Agents

Benjamin Vago
Ariel Property Advisors
Sean Kelly
Ariel Property Advisors
Stephen Vorvolakos
Ariel Property Advisors

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). 

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Featured on the Linecity Blog

The MEDIAN

Manhattan | August 2022

According to New York City records, the median price for an apartment in Manhattan in the month of August 2022 was $1,175,000 The price represents an increase of 9.6% from last year’s median price of $1,072,500. The number of sales increased from 1308 to 1,546 representing a year-over-year increase of 18%. What exactly does $1.17...

posted on October 23, 2022
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: 83791TH
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