- For Sale $5,750,000
- Property Type Other
- Date Updated May 15, 2026
Description
Avison Young, as the exclusive agent, is pleased to offer for sale 121 8th Avenue (the “Property”), a 4-story mixed-use walk-up building featuring 91’ of wraparound frontage on the southeast corner of 8th Avenue and Carroll Street in Park Slope. The Property sits on a 3,440 square foot lot, spans approximately 8,076 ± square feet, and consists of nine (9) residential units above one (1) ground floor medical office. The medical office is currently vacant and offers multiple repositioning strategies.The residential units include eight (8) free-market and one (1) rent-stabilized unit. The residential units are comprised of five (5) one-bedroom / one-bathroom apartments, two (2) studio apartments, one (1) two-bedroom / two-bathroom apartment, and one (1) one-bedroom / one-bathroom apartment with a private terrace.
Highlights
- 89% Fair Market
- Corner of 8th Avenue and Carroll Street, adjacent to Prospect Park
- Expansive parking lot and vacant lower level medical office with multiple repositioning strategies
- Proximity to the B/Q/2/3 Trains
- Recently renovated free-market units featuring high ceilings, modern finishes, hardwood floors, and stainless-steel appliances
- The property offers Tax Class 2B designation, limiting assessment increases to 8% annually or 30% over five years
False
Contacts
Avison Young - US - NY - New York
Avison Young - US - NY - New York
Avison Young
