Introducing 383 Prospect Ave: a FREE-MARKET 6-Unit Residential Building in pristine condition, located between 7th Ave and 8th Ave in Park Slope Brooklyn! This prime investment opportunity is delivered fully occupied with fantastic income valued at a 5.4% Cap Rate. The property's current Tax class is 2A .Set on a 25' x 100' lot and the 3 story multifamily residence measures approximately 25' x 50' per floor. Each Unit is a floor-through renovated apartment that requires little to no immediate capital investment. Maximize the return on the investment by maintaining or increasing the current high cash flow! The apartments feature hardwood flooring, exposed brick, high ceilings, oversized windows. The building has coined laundry and individual storage spaces in the cellar all set up.

Located in the center of South Slope and convenience to the plethora of local boutique shops, restaurants and cafes. Easy access into Manhattan with the F and G train only two blocks away. Brooklyn most iconic Prospect Park is only steps away from your door. Not to mention the Barclays Center, the Brooklyn Public Library, Brooklyn Museum, and the Botanical Gardens all within close reach.

Property Details of 383 Prospect Avenue, Unit NA

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Listed by Marvin Chu and Christopher Cavorti of Corcoran Group

Based on information submitted to REBNY as of January 29, 2023 7:54 PM EST . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 
 

 

 

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