For Sale
Multi family home for sale at 524 5Th St, Brooklyn, NY 11215 | MLS# RLS20023189 | Listing updated on 2025-11-21
Photo 1 of Multi family home for sale at 524 5Th St, Brooklyn, NY 11215 | MLS# RLS20023189 | Listing updated on 2025-11-21
Photo 2 of Multi family home for sale at 524 5Th St, Brooklyn, NY 11215 | MLS# RLS20023189 | Listing updated on 2025-11-21
Photo 3 of Multi family home for sale at 524 5Th St, Brooklyn, NY 11215 | MLS# RLS20023189 | Listing updated on 2025-11-21
Photo 4 of Multi family home for sale at 524 5Th St, Brooklyn, NY 11215 | MLS# RLS20023189 | Listing updated on 2025-11-21
17+
Beds Icon

Street View

$3,100,000

Monthly Est:$15,430

  • Beds Icon16 Beds
  • Beds Icon
    8 Baths
  • Beds Icon2,116.5sqft

524 5Th St, Brooklyn, NY 11215

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  • Multi Family

  • Built in 1920

  • $-- HOA

  • 2,600 sqft lot

  • $1,465/sq.ft

Description

Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily

Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner.

Property Highlights:

  • Eight spacious floor-through apartments, 4 stabilized & 4 market rent, each featuring:
    • Two true bedrooms and one full bathroom
    • High ceilings and expansive living rooms
    • Separate eat-in kitchens with modern appliances
    • Original hardwood floors, crown moldings, and stained glass accents
    • Abundant natural light from three exposures and multiple windows
  • Central stairwell providing access to all units
  • Fully leased, offering immediate and stable rental income
  • Full English basement

Location & Accessibility:
Situated just one block from Prospect Park and 500 feet from the vibrant retail corridor of 7th Avenue, residents enjoy unparalleled access to local amenities, including cafes, boutiques, banks, pharmacies, and the renowned Park Slope Farmers Market. The F and G subway lines at 7th Avenue are a mere four blocks away, ensuring a swift commute to Manhattan and other parts of Brooklyn.

Investment Potential:
With its prime location, historic charm, and solid rental history, 524 5th Street is an exceptional addition to any investor's portfolio. The property's pre-war character combined with modern updates appeals to discerning tenants, ensuring continued demand and minimal vacancy.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: November 21, 2025 at 7:41 pm
  • Listing Provided by: Alessandra F Ruiz (718) 765-3888 | Corcoran Group (212) 355-3550
  • Source: Rebny MLS-NY | MLS#: RLS20023189 Rebny MLS-NY

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    4

  • County

    Kings County

  • City

    New York

  • Neighborhood

    Brooklyn

  • Year Built

    1920

  • HOA Fees

    -

  • Finished Area

    2,116.5 sqft

  • Lot Size

    2,600 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Rebny MLS

  • MLS Number

    RLS20023189

  • Days on Market

    540

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 16

    Bathrooms: 8

Interior

  • Interior Features

    Smoke Free

Utilities & Energy

  • Basement

    Other

  • Laundry Features

    In Unit

Other Features

  • Subdivision Name

    Park Slope

  • Patio And Porch Features

    None

Price History

DateEventPrice

05/12/2025

Source: mls_logoRebny MLS-NY #RLS20023189

Listed for Sale

$3,100,000

$1,465/sqft

Nearby Homes

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

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