The Brennan Team of Marcus & Millichap has been exclusively hired to sell a two-story mixed-use building on 7th Avenue in Park Slope, comprised of one (1) two-bedroom apartment and one (1) large commercial space currently occupied by a supermarket on a month-to-month arrangement. The property is located on 7th Avenue between Prospect Avenue and 17th Street in the Park Slope neighborhood of Brooklyn, New York. The subject property was built in 1923 and measures 41.83 feet wide by 55 feet deep, on an irregular lot that extends approximately 68 feet to its deepest point. The total building size is approximately 3,025 square feet, with the first floor totaling 2,021.24 square feet and the second floor 1,003.92 square feet (excluding the stairwell). The property is zoned R6B, C2-3 and classified as Tax Class 1. This is a unique opportunity to purchase a well-located mixed-use property with immediate upside in the vacant apartment and a month-to-month retail tenant. The property benefits from low operating expenses, and offers nearly 42 feet of frontage on 7th Avenue.
Property Highlights
Park Slope 7th Avenue Mixed-Use
Vacant Two-Bedroom Apartment with Separate Boiler
Retail Tenant “B D Food Supermarket” is on a Month-to-Month Arrangement
Located Across the Street from P.S. 10 | Close to Prospect Park
41 Feet of Frontage on 7th Avenue
Low Property Taxes of $6,653 Per Year