$3,950,000
Updated 3 years ago
Off Market

80 7th Ave

Park Slope, Brooklyn | Lincoln Place & Berkeley Place

21 Rooms6 Beds3.5 Baths4,800 Square FeetMixed Use

$3,950,000
floors / apts4 / 3
Lot Size20'x80'
Built Size20' wide
ZoneR6A
Building TypeLow-Rise
RE Taxes$47,760
Price Per SF
$823

Listing Features

  • Original Details

Outdoor space and views

  • Backyard [20'x19']

Building Amenities

  • Voice Intercom

Property Description for 80 7th Ave

Mixed Use in Prime Park Slope A rare investment opportunity in the heart of Park Slope. This classic, 4,800 square foot four story brownstone consists of a commercial space on the ground floor and three 2-bedroom floor-through free market residential rentals above. Located on Seventh Avenue off Berkeley Place, the property inhabits a densely foot trafficked and highly sought after rental area on Park Slope’s Northside. Lovingly maintained by the same Owner for over 50 years, the residential units feature beautiful pre-war details throughout, including original floors, moldings, and fireplaces. At 1,200 square feet per floor and in a prime location near Grand Army Plaza, Prospect Park, and numerous subway lines, these rental units are in high demand in a Park Slope neighborhood exploding in popularity. A successful deli / convenience store operates out of the commercial space, which includes a backyard, full basement and cold storage. With a projected cap rate approaching 6%, this historic landmark is an ideal investment vehicle for those looking to generate income while participating in the long term price appreciation upside of trophy real estate assets in prime Brooklyn.

Listing History for 80 7th Ave

Now
10/12/2023
Back on the Market by Jonah Katz
Compass
10/07/2023
Expired by Jonah Katz
Compass

Building Details for 80 7th Ave

OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1921
Floors/Apts4/3
Learn More About the Building

Transit and Citi Bike

Subway

7 Av
0.21 miles
Grand Army Plaza
0.22 miles
Bergen St
0.4 miles
Union St
0.44 miles

Citi Bike

Berkeley Pl & 7 Ave
0.01 miles
Carroll St & 6 Ave
0.19 miles

Contact Agents

Contact Agents

Jonah Katz
Compass

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: 91936TH