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  • 524 5th Street
  • $ 3,450,000
524 5th Street Park Slope Brooklyn NY 11215
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524 5th Street

Park Slope   |   7th Avenue & 8th Avenue
Listing ID: 100702TH

  • $ 3,450,000
  • Bedrooms
  • Bathrooms
  • Low-RiseBuilding Type
  • 7,104/660 Approx. SF/SM

  • Details
    • Rental PropertyOwnership
    • $ 26,511Anual RE Taxes
    • Building Size
    • Lot Size
    • 1920Year Built
    • ActiveStatus

524 5th Street Park Slope Brooklyn NY 11215
  • 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, 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.

    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, 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.

    Listing Courtesy of Corcoran Group
  • Contact
  • Matthew Coleman

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    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
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  • Matthew Coleman

    License

    Licensed Broker - President

    W: 212-677-4040
    M: 917-494-7209
    • Email Me
    • Download Contact

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This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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31 East 12th Street, New York, NY 10003
Tel: 212.677.4040 | Fax: 212.677.4041 | info@colemanrealestate.com
© 2025 by Coleman Real Estate.  All Rights Reserved
31 East 12th Street, New York, NY 10003
Tel: 212.677.4040
Fax: 212.677.4041
info@colemanrealestate.com

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Legal
Fair Housing Policy
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T01.50.0.0 | Core: 50.0.0
31 East 12th Street, New York, NY 10003
T:   212.677.4040   |   Email:   info@colemanrealestate.com
T01.50.0.0 | Core: 50.0.0