$3,050,000
Updated 4 years ago
Sold

315 7th Street

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

16 Rooms6 Beds4 Baths2,484 Square FeetMulti-Family

$3,050,000
floors / apts3 / 3
Lot Size18'x100'
Built Size18'x46'
ZoneR6B
Building TypeTownhouse
RE Taxes$6,744
Price Per SF
$1,228

This property was sold for $3,050,000 on 06/16/22.

Outdoor space and views

  • Backyard
  • Garden
  • Patio

Property Description for 315 7th Street

PLEASE EMAIL US FOR ALL SHOWING REQUESTS! This attached three-family is an ideal opportunity to acquire a beautifully renovated building in the heart of ultra-desirable Park Slope. With an owner's duplex and two additional units, this is an excellent acquisition for investors or end-users seeking additional rental income. Tall ceilings and northern and southern exposures create a bright and airy ambiance in each floor-through home. Enjoy brand new windows and flooring throughout. Updated kitchens feature new custom cabinetry, quartz countertops and stainless steel appliances, including gas ranges. Bathrooms are finished with stunning floor-to-ceiling tile and contemporary fixtures. The two-bedroom, two bathroom owner's duplex begins on the parlor level, where 10-foot-tall ceilings rise above a formal dining room, a full bath, a windowed kitchen and two spacious bedrooms. Below, enjoy a large living area that opens to the private backyard and patio. A full bathroom, separate entrance, large home office and storage complete the unit. On the upper floors are two two-bedroom with windowed kitchen, dining area, and one-bathroom flats offer 9.6-foot ceilings and flexible floor plans. An updated facade and a contemporary entry door add fantastic curb appeal to this handsome building. Ideally situated on a tree-lined Brooklyn block, the building delivers easy access to legendary Park Slope shopping, dining and nightlife destinations on 5th and 7th avenues. One block north, Washington Park offers a playground, dog park, skatepark, a farmers' market and The Old Stone House. Four blocks east, sprawling Prospect Park features endless trails, verdant open space and access to the Brooklyn Museum, Botanic Garden and Library. Transportation is effortless with F, G, R/Q and 2/3 trains, excellent bus service, and CitiBikes nearby. Building Info: Lot size: 18 feet x 100 feet Building size: 18 feet x 46 feet Maximum FAR allowed: 2 FAR as built: 1.38 Unused FAR: 1,116 square feet Projected Annual Rent Roll from all 3 units: $138K Projected Income unit 1: 2 Bed/ 2 Bath owners duplex + private backyard ~ $4,500 Projected Income unit 2: 2 Bed/ 1 Bath ~ $3,500 Projected Income unit 3: 2 Bed/ 1 Bath ~ $3,500 Projected Cap Rate: ~5% Property will be delivered vacant and all photos have been virtually staged.

Listing History for 315 7th Street

Now
06/16/2022
$3,050,000
Sold and Closed by Jackie Soussan
Compass
04/14/2022
Contract Signed by Jackie Soussan
Compass

Building Details for 315 7th Street

OwnershipMulti-Family
Building TypeTownhouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/3
Learn More About the Building

Transit and Citi Bike

Subway

4 Av-9 St
0.13 miles
7 Av
0.43 miles
Union St
0.47 miles

Citi Bike

7 St & 5 Ave
0.03 miles
4 Ave & 9 St
0.16 miles

Contact Agents

Contact Agents

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: 84175TH