Rare opportunity to acquire a core mixed-use asset in the heart of Park Slope, located along the highly sought-after 7th Avenue retail corridor. The property sits directly across from NewYork-Presbyterian Brooklyn Methodist Hospital, one of Brooklyn’s most prominent and respected medical institutions, providing an irreplaceable, long-term demand anchor and consistent daily foot traffic. The building features two residential units above a ground-floor commercial storefront, offering a balanced combination of stable residential income and flexible commercial upside. The ground-floor retail space is currently delivered vacant, allowing immediate repositioning, owner occupancy, or re-tenanting at market rates. The property offers an anticipated investment return exceeding 7.3%, making it highly competitive among core Park Slope assets. The retail space benefits from strong visibility and frontage, suitable for all retail. Residential units maintain consistent demand due to proximity to a major employment center, transportation, and lifestyle amenities. An exceptional opportunity for investors seeking stable income, capital preservation, and exposure to one of Brooklyn’s most irreplaceable mixed-use locations.
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Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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