346 7th Avenue
$3,650,000
—
4,680
4,680
$780
Virtual Tour
Description
Calling All Investors: Exceptional High-Rental Income Opportunity! This is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just minutes away from...Calling All Investors: Exceptional High-Rental Income Opportunity! This is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just minutes away from the F and G subway lines at the 7th Avenue station, providing unparalleled convenience and accessibility. Built on a 19.5 ft x 80 ft lot and zoned R6A, C2-4, this property offers 4,680 square feet of income-generating space, including six rent-stabilized residential units and one commercial unit. The building footprint spans 19.5 ft x 60 ft, with each residential unit fully occupied. All units feature in-unit washers and dryers , hardwood floors, oversized windows, and decorative brick fireplaces, adding charm and modern appeal. The commercial space, currently occupied by a popular Sugaring Boutique , provides steady income in addition to the robust rental income from residential units. Fully occupied and income-producing, this property is a fantastic turnkey investment for anyone looking to establish or expand their portfolio in the highly desirable Park Slope neighborhood. With strong rental demand and a prime location, this is the perfect investment to secure both stability and growth. Schedule a viewing today to explore this incredible opportunity firsthand!
- Listed by ZaiYou (Joe) Zhu • RE/MAX Edge • Other
Amenities
- Hardwood Floors
- Oversized Windows
- Walk Up
- Dryer
- Washer
- Voice Intercom
- Parking Included
- Lowrise
LISTING UPDATED: 12/09/2024 01:05 PM
Property Details for 346 7th Avenue
Status | Active |
---|---|
MLS ID | 487365 |
Days on Market | 41 |
Taxes | $17,838 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Townhouse |
MLS Type | Mixed Use |
Year Built | 1921 |
Lot Size | 1,600 SF / 20' x 80' |
County | Kings County |
Building
Virtual Tour
Building Information for 346 7th Avenue
Stories4Residences6Year Built1921Building Size19.5' x 60'Building Sq. Ft4,680 SFLot Size1,600 SF / 20' x 80'Building AgePre-warBuilding TypeTownhouse
Property Information for 346 7th Avenue
Property History for 346 7th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 346 7th Avenue
This home is within Nyc Geog District #15 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 12 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
P.S. 39 Henry Bristow PublicK to 5 | ||
Park Slope Collegiate Public6 to 12 | ||
John Jay School for Law Public9 to 12 | ||
Millennium Brooklyn High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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