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Investment Highlights
- Boutique conversion opportunity
- Vacant delivery at 530 5th Street for immediate conversion
- Prime Park Slope Location one block from Prospect Park
- Corner property with 128’ of wrap-around frontage on both 8th Avenue and 6th Street
- Tax Class 2B designation at 530 5th Street limits assessment increases to 8% annually or 30% over five years
Executive Summary
Avison Young, as the exclusive agent, is pleased to offer for sale 530 5th Street and 519 8th Avenue (the “Portfolio”), two residential properties located in the heart of Park Slope. The offering presents a rare opportunity to acquire scale in one of Brooklyn’s most supply-constrained and high-performing residential submarkets, steps from Prospect Park.
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Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 7,104 SF |
| Number of Properties | 2 | Total Land Area | 0.06 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 7,104 SF |
| Total Land Area | 0.06 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 530 5th St, Brooklyn, NY 11215 | Multifamily | 7,104 SF | 1920 | - |
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530 5th St & 519 8th Avenue
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