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532 6th Ave 6 Unit Apartment Building $5,354,622 CAD ($892,437 CAD/Unit) 5.20% Cap Rate Brooklyn, NY 11215



Investment Highlights
- Fully free-market 6-unit multifamily in prime Park Slope
- Two duplex units with private rear yard access
- Steps from Prospect Park, shops, and dining
- Renovated interiors with hardwood floors and in-unit laundry
- Strong income performance with 4.59% cap rate
- Excellent access to public transportation
Executive Summary
Starts NY Realty is delighted to offer a rare opportunity to acquire 532 6th Avenue, a distinguished 3-story multifamily property with a basement, located in the highly sought-after South Park Slope neighborhood of Brooklyn. This prime property is situated on the west side of 6th Avenue, nestled between 14th Street and 15th Street.
The building spans a total of 3,744 square feet of above-grade gross building area and was originally constructed in 1931. It consists of four 1-bedroom, 1-bathroom units, as well as two duplex units featuring two bedrooms each, located on the ground floor and lower level, both of which offer private rear yard access. The property is reportedly fully occupied. Resident amenities include in-unit washers and dryers. The site itself extends over approximately 2,543 square feet (roughly 0.06 acres) of land and features a rectangular, level lot at street grade.
Positioned in the heart of South Slope, each apartment boasts an open and spacious layout, including an eat-in kitchen and an expansive living room. The kitchen is equipped with high-end stainless steel appliances and sleek granite countertops. Additional comforts include hardwood floors throughout, in-unit laundry, and wall-mounted air conditioning and heating. All units have been renovated to offer modern convenience and style.
Step outside, and you’ll find an array of fantastic restaurants, bars, and shops just around the corner. The iconic Prospect Park, with all its natural beauty, is just a few blocks away, adding even more appeal to this exceptional location.
Don’t miss the opportunity to view this exceptional property. Contact us today to schedule a showing!
The building spans a total of 3,744 square feet of above-grade gross building area and was originally constructed in 1931. It consists of four 1-bedroom, 1-bathroom units, as well as two duplex units featuring two bedrooms each, located on the ground floor and lower level, both of which offer private rear yard access. The property is reportedly fully occupied. Resident amenities include in-unit washers and dryers. The site itself extends over approximately 2,543 square feet (roughly 0.06 acres) of land and features a rectangular, level lot at street grade.
Positioned in the heart of South Slope, each apartment boasts an open and spacious layout, including an eat-in kitchen and an expansive living room. The kitchen is equipped with high-end stainless steel appliances and sleek granite countertops. Additional comforts include hardwood floors throughout, in-unit laundry, and wall-mounted air conditioning and heating. All units have been renovated to offer modern convenience and style.
Step outside, and you’ll find an array of fantastic restaurants, bars, and shops just around the corner. The iconic Prospect Park, with all its natural beauty, is just a few blocks away, adding even more appeal to this exceptional location.
Don’t miss the opportunity to view this exceptional property. Contact us today to schedule a showing!
Property Facts
| Price | $5,354,622 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $892,437 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.20% | Building Size | 3,744 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1931 |
| Property Subtype | Apartment | ||
| Zoning | R6,Brooklyn,(C2) | ||
| Price | $5,354,622 CAD |
| Price Per Unit | $892,437 CAD |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 3,744 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Zoning | R6,Brooklyn,(C2) |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+2 | 2 | - | - |
1 1
Exceptionally walkable
100/100
Fairly drivable
50/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 01042-0046 | Improvements Assessment | $1,279,620 CAD |
| Land Assessment | $7,418 CAD | Total Assessment | $1,287,038 CAD |
Property Taxes
Parcel Number
01042-0046
Land Assessment
$7,418 CAD
Improvements Assessment
$1,279,620 CAD
Total Assessment
$1,287,038 CAD
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532 6th Ave
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