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80 Seventh Avenue
Townhouse in Park Slope •  building info
6bd • 3ba • 4,800ft² $823 per ft²
List Price

$3,950,000

Key Details
Days on market
91
Last price change
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Estimated payment
$26,450
Taxes
Monthly maintenance
N/A
Description
Mixed Use in Prime Park Slope A rare investment opportunity in the heart of Park Slope. This classic, 4,800 square foot four story brownstone consists of a commercial space on the ground floor and three 2-bedroom floor-through free market residential rentals above. Located on Seventh Avenue off Berkeley Place, the property inhabits a densely foot trafficked and highly sought after rental area on Park Slopes Northside. Lovingly maintained by the same Owner for over 50 years, the residential units feature beautiful pre-war details throughout, including original floors, moldings, and fireplaces. At 1,200 square feet per floor and in a prime location near Grand Army Plaza, Prospect Park, and numerous subway lines, these rental units are in high demand in a Park Slope neighborhood exploding in popularity. A successful deli / convenience store operates out of the commercial space, which includes a backyard, full basement and cold storage. With a projected cap rate approaching 6%, this historic landmark is an ideal investment vehicle for those looking to generate income while participating in the long term price appreciation upside of trophy real estate assets in prime Brooklyn.

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Important Stuff
Pets allowed
Washer/Dryer in unit
Listing Amenities
Hardwood floors
Fireplace: Decorative
Building Amenities
Fios Available
History
What it'll cost
Purchase price
$3,950,000
Asking Price: $3,950,000
Term
30 Years
Down Payment
$395,000 (10%)
Min: 10% (395,000)
Rate
6.5 %
Mortgage Amount
$3,555,000
Mortgage Payment
$22,470
Taxes
$3,980
Estimated closing cost
$151,000
Total monthly cost $26,450
Listing Courtesy of Compass

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