3-Story Walkup Mixed Use Bldg. Park Slope, Brooklyn

New York, NY
Asking Price: $4,300,000
Real Estate Details
Listed on Jan 9, 2026

Our Group is pleased to present our exclusive offering of a fully renovated 3 story Walkup Mixed-use property with basement , balconies and yard located at the heart of Park Slope, Brooklyn—one of New York City’s most coveted, affluent, and rapidly growing neighborhoods. Near all public transportation.

Nestled along 5th Avenue’s vibrant commercial corridor, this asset places investors at the center of a premier retail and residential destination known for its brownstone charm, tree-lined streets, top-rated schools, and unmatched walkability. Park Slope continues to attract stable, high-income residents and national brands seeking long-term presence—making it one of the strongest investment submarkets in Brooklyn.

Property Highlights

Prime Park Slope Location: Situated amidst bustling restaurants, boutique shops, cafés, and national retailers, ensuring consistent foot traffic and sustained demand.

Fully Renovated, Turnkey Asset: The building and all units have been completely modernized with top-of-the-line finishes, updated mechanical systems, and premium materials throughout.

100% Occupied: Secure, long-term tenancy, including a national retail tenant on the lower level and two beautifully renovated 2-bedroom residential units above.

Strong Financials:

NOI: $350,000

Cap Rate: ~7%

Exceptional stability and cash flow with recently renewed leases.

Property Specs:

Approximately 3,624 SF

Mixed-use configuration: 1 retail unit with backyard and basement, + 2 residential units with large balconies

Sits on 0.04 acres

Originally built in 1921 and newly reimagined for modern living and retail use

Investment Summary

This is a rare opportunity to acquire a trophy mixed-use asset in Park Slope—one of Brooklyn’s most resilient and supply-constrained markets. With a national tenant, fully renovated interiors, strong in-place income, and a 7% cap rate, this property offers immediate stability with long-term upside in an area where demand shows no signs of slowing.

Ideal for investors seeking a high-performing, low-maintenance, fully stabilized asset in one of NYC’s strongest neighborhoods.

change currency

Financials (USD)

Net Operating Income (Annual) $350,000

Asking Price $4,300,000

Cap Rate 7%

Additional Details

Street Address 5th Avenue

Building Area 2195.75 Square Feet

Year Built/Renovated 2025

Percent Occupied 100%

Deal Terms

Who is Listing the Property? Real Estate Broker

Broker Co-Op? Available On Request

Seller Financing Available? Available On Request

Seller Willing To Lease? Available On Request

Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum. Read DealStream's Terms Of Use before responding to any listing. Learn how to stay safe in our marketplace.

Request Information

Want to learn more about this listing? Log in now. New to DealStream? Discover how artificial intelligence can help you find better deals! Sign up for a Free Account today and get your first Search Genius deal tomorrow.

Sign Up

DealStream Awards & Reviews

More Listings Like This
Resources For Entrepreneurs