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

574 5th Street

Park Slope, Brooklyn | 8th Ave & Prospect Park West

24 Rooms11 Beds6,656 Square FeetIncome Property

$4,000,000
floors / apts4 / 6
Lot Size23'4"x110'
Built Size23'4"x90'
ZoneR7B
Building TypeTownhouse
RE Taxes$26,746
Price Per SF
$601

Outdoor space and views

  • Patio

Building Amenities

  • Voice Intercom
  • Garden
  • Laundry Room
  • Outdoor Parking
  • Stoop Entry

Property Description for 574 5th Street

An amazing opportunity in a perfect Park Slope location! 574 5th Street is an oversized, well-maintained 6-unit property measuring 23' x 90 '. Built in 1920, offering spacious updated apartments and lots of possibilities. Live in the grand historic limestone and brick home and collect excellent income from the other units; expand your living space creating a duplex/triplex while still receiving monthly rent; or purchase the building as an investment.

Set on a sought-after tree-lined street less than a block from Prospect Park, this incredible multifamily residence is rare, and everything one could dream of in Brooklyn's finest neighborhood near all the best attractions. Interiors are light-filled and elegant, offering generously-sized rooms with classic details and beautiful features throughout such as rich hardwood strip and parquet floors, oversized and bayed windows, high airy ceilings, tasteful moldings and millwork, charming fireplaces with decorative mantles, thoughtful upgrades, renovated kitchens and more.

The first floor is a generous full-floor 3 bedroom 2 bathroom apartment with separate living and dining rooms divided by a wide opening, as well as a lovely kitchen and convenient laundry room.

The second floor is occupied by 2 very nice 1-bedroom 1-bathroom apartments with large walk-in closets and renovated kitchens and bathrooms.

Level 3 houses a full-floor unit with gracious living space, cooks kitchens, 3 bedrooms, 2 full baths, multiple closets and a laundry room.

On the top you'll find two additional apartments. A 1-bedroom unit sits in the front of the building and a 2 bedroom in the rear. Each with ample living areas, kitchens and storage. Plus there's a full English basement that has tremendous storage space and great potential for extended living quarter, and a patio garden for spending time outdoors. Making this home even more irresistible is the coveted location on one of Park Slope's prettiest blocks, between

Prospect Park West and 8th Avenue. With Prospect Park practically at your doorstep, you can enjoy in picnics on the Great Lawn, strolls and bike rides through nature's greenery, evening concerts at the Bandshell, buying fresh produce at the farmers market, long walks with your dogs and playground fun with the kids. Also close by is vibrant 7th Avenue lined with shops, restaurants and conveniences, movie theaters, Grand Army Plaza, the Brooklyn Museum, Botanic Garden, library, and the F/G subway lines at 7th Ave and 9th Street.

Listing History for 574 5th Street

Now
09/19/2022
TOM by Charlie Pigott
Corcoran
09/14/2022
Contract Signed by Charlie Pigott
Corcoran

Building Details for 574 5th Street

OwnershipIncome Property
Building TypeTownhouse
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts4/6
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.22 miles

Citi Bike

3 St & Prospect Park West
0.16 miles
Prospect Park West & 8 St
0.17 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: 85365TH