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Investment Highlights

  • Heavy Foot Traffic
  • Beautifully Maintained
  • Exceptional Location

Executive Summary

Prime Park Slope location; 7th Avenue between 1st and 2nd St. 2 Stores plus 6 residential units. 3 free market res units, 2 rent stabilized (now vacant), 1 rent control.
Excellent opportunity for long term investment, also great for owner/user.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,800 SF
Building Class
C
Year Built
1900
Price
$6,521,655 CAD
Price Per SF
$959.07 CAD
Cap Rate
6.58%
NOI
$429,125 CAD
Tenancy
Multiple
Building Height
4 Stories
Building FAR
2.60
Lot Size
0.06 AC
Zoning
R6A - Medium density residential district
Frontage
25’ on 7th Avenue

Amenities

  • Roof Terrace
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Very bikeable
80/100

Nearby Major Retailers

Starbucks
Blue Bottle Coffee
Bank of America
Taim
Five Guys
Just Salad
Citizens Bank
Chase Bank
Capital One
Kearny Bank

Property Taxes

Property Taxes

Parcel Number
01076-0006
Land Assessment
$33,733 CAD
Improvements Assessment
$1,794,583 CAD
Total Assessment
$1,828,316 CAD
  • Listing ID: 35444228

  • Date on Market: 2024-06-22

  • Last Updated:

  • Address: 177 7th Ave, Brooklyn, NY 11215

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