122 7th Ave - Storefront Retail/Residential FOR SALE


Brooklyn, NY 11215
$4,750,000 USD
646-805-1458
122 7th Ave, Brooklyn, NY for Sale
$4,750,000 USD
Storefront Retail/Residential - FOR SALE
1/23
null | 5.6% Cap Rate

122 7th Ave
Brooklyn, NY 11215


HIGHLIGHTS

  • Prime Park Slope
  • Completely Turn Key Renovated
  • Free Market | Protected Tax Class
  • No rent concessions

OVERVIEW

The New York Multifamily team is proud to present 122 7th Avenue, a 3-unit multifamily property located in the highly coveted Park Slope neighborhood, offered at $4,750,000. This property represents a prime investment opportunity, boasting exceptional curb appeal and a fully occupied, turn-key building. Recent major renovations and improvements have further enhanced its value, making it an even more attractive and rare find. You don't need to do a thing and expenses are absolutely minimal. Apartments are separately metered paying their own heat and hot water. Retail is MTM but would like to sign a long-term lease, giving you flexibility to either commit or re-tenant. Nestled in the heart of Park Slope, one of Brooklyn’s most desirable neighborhoods, this property is strategically positioned on 7th Avenue between President and Carroll Streets. Both residents and tenants enjoy proximity to vibrant cafes, renowned restaurants, boutique shops, lush parks, and excellent transportation options, creating the perfect blend of business convenience and leisurely living.

FOR SALE DETAILS

PRICE

$4,750,000 USD

PRICE/SF

$1,291 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

R6A

APN/PARCEL ID

00960-0042

ASK ABOUT THIS PROPERTY

William BoutonMarcus & MillichapMore Info
646-805-1458

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William BoutonMarcus & MillichapMore Info
646-805-1458

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.