- For Sale $9,950,000
- Property Type Multi-Family
- Property Size 10,053 SF
- Units 3
- Lot Size 0.12 Acre
- Taxes / YR $33,275.00
- Zoning R7B
- # of Floors 5
- Year Built 1901
- Date Updated Sep 23, 2026
Description
Investment Highlights
Ariel Property Advisors presents 316 Garfield Place, an exceptionally located and meticulously maintained townhouse with a private side garden just steps from Prospect Park.
Situated between 8th Avenue and Prospect Park West in the heart of the Historic District, the property spans a 50’ wide, 5,066 sq. ft. lot improved by a 26’ wide, 5-story building of ~10,053 sq. ft. An adjacent ~2,400 sq. ft. garden can remain with the residence or be developed using the site’s substantial unused air rights.
Property Highlights:
Largest townhouse in Park Slope
Only townhouse with 50’ of frontage
One of just 3 townhouses on parcels exceeding 4,050 sq. ft.
Currently configured as a vacant 3-family, the building includes a duplex (ground & 2nd floors), floor-throughs on the 3rd & 4th floors, and a 5th floor attic adaptable for additional use. The existing layout offers 4 bedrooms, 5 bathrooms, expansive living areas, and abundant potential for reinvention.
Notable Features:
5 working wood-burning fireplaces with ornate mantlepieces
Original moldings, casings, and railings throughout
Ceiling heights from 8.5’ to 11.15’
Large cellar for storage
Adjacent ~2,400 sq. ft. garden for private use or new construction
316 Garfield Place represents a truly rare opportunity for owner-users or developers to create a premier residential property in one of Brooklyn’s most sought-after neighborhood.
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Contacts
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors
Ariel Property Advisors