$39,999,999
346 7th Avenue
Details
Property Type Land, Mixed Use
Square Footage 1,680
Stories 5
Lot Size (SqFt) 1,600
Land | 1,600 SF
Marketing description
Calling All Investors: Exceptional High-Rental Income Opportunity!
346 7th Avenue is a large mixed-use investment property located in the heart of Park Slope, Brooklyn. Just minutes away from Prospect Park, the YMCA, and surrounded by a vibrant selection of restaurants, shops, cafes, and supermarkets, this property offers an outstanding opportunity for investors seeking high rental income in a prime area. Positioned on bustling 7th Avenue, between 9th and 10th Streets, this building is just steps from the F and G subway lines at the 7th Avenue station, providing unparalleled convenience and accessibility.
Built on a 19.5 ft x 80 ft lot and zoned R6A, C2-4, this property offers 4,680 square feet of income-generating space, including six rent-stabilized residential units and one commercial unit. The building footprint spans 19.5 ft x 60 ft, with each residential unit fully occupied. All units feature in-unit washers and dryers , hardwood floors, oversized windows, and decorative brick fireplaces, adding charm and modern appeal.
The commercial space, currently occupied by a popular Sugaring Boutique , provides steady income in addition to the robust rental income from residential units. Fully occupied and income-producing, this property is a fantastic turnkey investment for anyone looking to establish or expand their portfolio in the highly desirable Park Slope neighborhood.
With strong rental demand and a prime location, 346 7th Avenue is the perfect investment to secure both stability and growth. Schedule a viewing today to explore this incredible opportunity firsthand!
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