- For Sale $7,299,000
- Property Type Multi-Family
- Lot Size 0.09 Acre
- Cap Rate % 0.07
- NOI / YR $523,598.02
- Taxes / YR $122,211.27
- Date Updated Oct 28, 2026
Description
Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 13 free-market apartments and 2 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and building has been well maintained with tenants in good standing. **Financials available on request** Apartments are currently 10 15% below market rents, offering clear upside for investors. Key Highlights: 15-unit limestone prewar building 12 free market / 3 rent stabilized units Updated kitchens with stone counters & renovated baths Ultra-prime Park Slope location Apartments ~10 15% below market Cap Rate: 5 Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn s most sought-after neighborhoods.
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Contacts
Vincent E. Salino
Wolf Properties Inc
Location
Located at 566 7th, Brooklyn, NY 11215, this property is part of the Park Slope neighborhood and Brooklyn market.
Contact Listing Broker
Vincent E. Salino
Wolf Properties Inc