Property #215

528 5th Street

JUST SOLD!  528 5th Street  is a 4 story, 25’.5 wide, 8 unit multifamily building located between 7th and 8th Avenues in the center of Park Slope, 1 block to Prospect Park.  The building currently contains six, two bedroom apartments, and two apartments each comprised of 1 bedroom plus “den”.  4 units are free market and 2 of those apartments will be delivered vacant at closing.  The other 4 units are rent stabilized.  This is a wonderful opportunity to own a prime investment property in one of Brooklyn’s best neighborhoods.  Public transportation is close by as are all the amenities Park Slope has to offer.


Estimated gross annual rent roll: $169,751.28

Total Estimated Annual Expenses: $48,909.

Our Exclusive.

Asking Price: $4,900,000.