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- Description
- Property Details
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No HOA
Street View
$4,650,000
Monthly Est:$23,145
8 Beds
5 Baths4 full baths + 2 half baths
3,828sqft
397 5th Avenue, Brooklyn, NY 11215
$4,650,000
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Multi Family
Built in 1899
$-- HOA
1,429 sqft lot
$1,215/sq.ft
Description
**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn**
Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods.
Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years,
In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.
- Houzeo last checked: 10 minutes ago
- Listing updated: October 15, 2026 at 8:45 am
- Listing Provided by: Louis M Esposito (718) 781-8310 , Roseanne Degliuomini (718) 710-1844 | Compass (212) 913-9058
- Source: Rebny MLS-NY | MLS#: RLS20078243
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
Year Built
1899
HOA Fees
-
Finished Area
3,828 sqft
Lot Size
1,429 sqft lot
Basement Area
- sqft
MLS Name
Rebny MLS
MLS Number
RLS20078243
Days on Market
229
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Interior
Exterior Features
Private Entrance, Private Outdoor Space Under60sqft
Interior Features
Wet Bar, Built In Features, Chandelier, High Ceilings, Recessed Lighting, Sound System, Bar
Flooring
Hardwood
Cooling
Central Air, Wall Units
Heating
Central, Forced Air, Natural Gas, Wall Furnace
Utilities & Energy
Basement
Full
Laundry Features
See Remarks
Other Features
Subdivision Name
Park Slope
Price History
| Date | Event | Price |
|---|---|---|
03/19/2026 Source: | Listed for Sale | $4,650,000 $1,215/sqft |
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The real estate listing data marked with this icon comes from the IDX program of the RLS at REBNY Listing Service (RLS). Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS") through Nov 04, 2026, 06:45AM. Information deemed reliable but not guaranteed. Information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Buyer to verify all information. © 2026 The Real Estate Board of New York, Inc. All rights reserved.
Advertising Broker: Derek Greene | The Greene Realty Group
