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29325383
29325384

475 6th Avenue, Brooklyn, NY 11215

AB
NY NY10401314581
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan
$4,150,000
138 days on market
Updated 68 days ago

475 6th Avenue

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,875
Units 3
Cap Rate 6%
NOI $249,000
Price per SqFt $1,071
Year Built 1980
Buildings 1
Stories 3
Zoning R6B

Multifamily | 3 Units | $1,383,333/unit

Marketing description

• Building Overview

475 6th Avenue is a fully free-market mixed-use building located on one of Park Slope’s most established and trafficked corridors, just steps from Prospect Park, the f + g subway lines, and the neighborhood’s best retail, dining, and lifestyle amenities. This stretch of 6th Avenue consistently attracts both strong residential demand and durable commercial tenancy.

The residential units have been gut renovated with high- end finishes, featuring modern layouts, updated kitchens and bathrooms, in-unit laundry, and strong light throughout. The level of finish positions the apartments at the top of the Park Slope rental market and minimizes near-term capital needs for a new owner. The property is 100% Free Market.

• Park Slope | Brooklyn

Park Slope is widely regarded as one of Brooklyn’s most distinguished neighborhoods, celebrated for its picturesque, tree-lined streets, grand brownstones, and elegant prewar architecture. The neighborhood offers a refined yet welcoming residential atmosphere, with a strong sense of community woven throughout its blocks. Along 5th and 7th Avenues, residents enjoy a dynamic mix of boutique retail, destination dining, neighborhood cafés, and everyday conveniences, creating an active streetscape that complements the area’s classic charm.

Families are especially drawn to Park Slope for its exceptional educational options. The neighborhood is home to several highly regarded public schools, including P.S. 321,

consistently ranked among the top elementary schools in New York City, as well as access to esteemed private institutions such as Berkeley Carroll, St. Saviour, and Poly Prep

nearby. Directly adjacent to Prospect Park, residents benefit from one of the city’s most treasured green spaces, offering miles of walking paths, athletic fields, playgrounds,

and year-round recreation for all ages.

With multiple subway lines providing seamless access to Downtown Brooklyn and Manhattan, Park Slope combines connectivity with an unmatched quality of life. Its walkability, cultural amenities, and enduring residential appeal continue to attract families, professionals, and long-term residents alike, solidifying its reputation as one of Brooklyn’s most desirable neighborhoods.

• Desirable Location

Park Slope stands as one of Brooklyn’s most coveted residential enclaves, blending historic elegance with a vibrant, family-oriented lifestyle. Defined by its stately brownstones,

wide avenues, and immediate proximity to Prospect Park, the neighborhood offers a rare balance of tranquility and urban energy. Strong retail corridors along 5th and 7th

Avenues anchor the community, while limited housing supply and sustained demand support consistently high rents and long-term value. For investors and buyers alike, Park

Slope represents a premier Brooklyn market characterized by stability, resilience, and enduring appeal.

Listing Contacts

AB
NY NY10401314581
Marcus & Millichap - Manhattan
Listed by Marcus & Millichap - Manhattan

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$249,000.00
$20,750.00/mo

Valuation Metrics

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DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Andrew Bronsteen
License
NY10401314581
Brokerage
Marcus & Millichap
Title
Licensed Salesperson
Brokerage Address
260 Madison Avenue
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