Listing Notes
Investor's Delight! Exceptional opportunity to own an income-producing 8-family brown brick walk-up in the heart of the historic South Park Slope/Greenwood Heights neighborhood. Built in the 1930s, this well-maintained property features six rent-stabilized apartments and two free-market apartments, offering an excellent balance of stable income and future growth potential. Each spacious apartment includes two bedrooms, a living room, dining room, kitchen, and full bath, with the fourth-floor apartment boasting beautiful city views. Building improvements include a 4-year-old roof, a new boiler, updated electrical system, double-pane windows, an Energy Star furnace and water heater, a programmable thermostat, and a full basement with Bilco doors. Conveniently located near schools, shopping, restaurants, parks, and public transportation, this is an outstanding opportunity for investors seeking steady cash flow and long-term appreciation. Ideal for a 1031 Exchange buyer or anyone looking to expand their investment portfolio with a solid Brooklyn multifamily asset in a highly desirable location.
Price in context
Cheaper than 21% of the 24 homes listed nearby right now, which run $1,499,000 to $3,495,000.
See all 24 nearby listings
| Address | Asking | Size |
|---|---|---|
| 287 23rd St | $1,499,000 | 5 bd · 3 ba |
| 216 20th St Ph 1 | $1,580,000 | 2 bd · 2 ba |
| 222 16th St Unit 3D | $1,655,000 | 2 bd · 2 ba |
| 265 20th St Apt 2R | $1,675,000 | 3 bd · 2 ba |
| 327 20th St Apt 3 | $1,695,000 | 3 bd · 3 ba |
| 225 18th St | $1,695,000 | 3 bd · 3 ba |
| 259 22nd St Unit 4F | $1,749,000 | 3 bd · 2 ba |
| 417 18th St | $1,795,000 | 3 bd · 2 ba |
| 1918 8th Ave | $1,835,000 | 12 bd · 6 ba |
| 259 22nd St Unit 2D | $1,849,000 | 3 bd · 2 ba |
| 281 23rd St | $1,849,999 | 20 bd · 16 ba |
| 259 22nd St Unit 3E | $1,869,000 | 3 bd · 2 ba |
| 259 22nd St Unit 3A | $1,875,000 | 2 bd · 2 ba |
| 259 22nd St Unit 4E | $1,889,000 | 3 bd · 2 ba |
| 265 20th St # R | $1,895,000 | 3 bd · 2 ba |
| 249 18th St Unit 2 | $1,975,000 | 3 bd · 2 ba |
| 222 16th St Unit 3A | $1,995,000 | 3 bd · 2 ba |
| 688 6th Ave Unit 3 | $2,504,000 | 3 bd |
| 253 21st St | $2,550,000 | 6 bd · 3 ba |
| 339 20th St | $2,700,000 | 4 bd · 4 ba |
| 318 23rd St | $2,800,000 | 10 bd · 6 ba |
| 318 23rd St Lot 48 | $2,800,000 | — |
| 417A 17th St | $2,995,000 | 3 bd · 5 ba |
| 277 18th St | $3,495,000 | 4 bd · 5 ba |
Where it is
For sale Coming soon Recently sold— zoom out for more