Situated on 5th Avenue in the vibrant Park Slope neighborhood of Brooklyn, this mixed-use property offers an exceptional investment opportunity. Surrounded by an eclectic array of local shops, restaurants, and classic townhomes, the property benefits from high foot traffic and excellent visibility, making it an ideal location for both retail and residential tenants. The retail tenant moved in late 2023 after putting significant money into their buildout. They have one 5-year option in 2028 and 3% annual increases. The two apartments above provide current cashflow while offering future upside. The second floor unit has been completely renovated and boasts dishwasher, washer/dryer, split systems, and a massive outdoor patio. This 2 bedroom apartment is currently leased at a very solid rent. The top floor unit has significant upside upon surface renovations. Currently configured as a 1 Bedroom, this can be a major source of value-add with minimal work. With its current robust cash flow, this property provides a stable income stream while being well-positioned for future appreciation as the neighborhood continues to flourish. Whether you're seeking a reliable source of passive income or aiming to diversify and expand your real estate portfolio, this investment combines stability with significant potential for long-term growth.