Active
346 7th Avenue
Brooklyn NY, 11215
$3,799,999
$811.97 per sqft
Active
4,680 sqft
Multi-family
Calling All Investors: Exceptional High-Rental Income Opportunity! This is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just minutes away from the F and G subway lines at the 7th Avenue station, providing unparalleled convenience and accessibility. Built on a 19.5 ft x 80 ft lot and zoned R6A, C2-4, this property offers 4,680 square feet of income-generating space, including six rent-stabilized residential units and one commercial unit. The building footprint spans 19.5 ft x 60 ft, with each residential unit fully occupied. All units feature in-unit washers and dryers , hardwood floors, oversized windows, and decorative brick fireplaces, adding charm and modern appeal. The commercial space, currently occupied by a popular Sugaring Boutique , provides steady income in addition to the robust rental income from residential units. Fully occupied and income-producing, this property is a fantastic turnkey investment for anyone looking to establish or expand their portfolio in the highly desirable Park Slope neighborhood. With strong rental demand and a prime location, this is the perfect investment to secure both stability and growth. Schedule a viewing today to explore this incredible opportunity firsthand!
487365
MLSⓇ ID
November 11, 2024
Listed
January 7, 2025
Updated
Map
346 7th Avenue
Brooklyn NY, 11215
Interior Features
Total Stories
5
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.04 Acres
Other Property Details
Area Name
Brooklyn
Taxes
$17,838
Tax Frequency
Annually
Days on Market
57
Garage
No
View
No
County
Kings
Pool
No
Zoning
R6A, C2-4
Listing History
Date | Event | Price |
---|---|---|
1/7/2025 | Price change | $3,799,999 4% |
12/9/2024 | Price change | $3,650,000 -2% |
11/22/2024 | Price change | $3,699,999 -3% |
11/14/2024 | Price change | $3,799,999 -6% |
11/11/2024 | Price change | $3,999,999 -1% |
Listed by ZaiYou (Joe) Zhu with RE/MAX Edge
Listing Contact: 7186123088
Based on information from Brooklyn Board of REALTORS®. Data last updated 1/7/2025. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Parkview Terrace Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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