Description

This luxurious boutique corner building in prime Park Slope offers a compelling 6% cap rate and is ideally positioned at the corner of 8th Avenue and 9th Street, just steps from Prospect Park and the F and G subway lines. Benefiting from protected Tax Class 2B status and comprised of approximately 83% free-market units, the property combines stability with long-term upside. Residential apartments feature condo-style finishes, including Italian-made cabinetry, oak flooring, marble bathrooms, split-system HVAC, in-unit washer/dryer, and virtual doorman systems. Complemented by stable retail tenants secured with long-term leases, this corner asset presents a rare opportunity to acquire a high-quality mixed-use building in one of Brooklyn’s most sought-after neighborhoods.