566 7th Street, Brooklyn, New York 11215

Property Description

Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 13 free-market apartments and 2 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and building has been well maintained with tenants in good standing. **Financials available on request** Apartments are currently 10–15% below market rents, offering clear upside for investors. Key Highlights: • 15-unit limestone prewar building • 12 free market / 3 rent stabilized units • Updated kitchens with stone counters & renovated baths • Ultra-prime Park Slope location • Apartments ~10–15% below market • Cap Rate: 5 • Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn’s most sought-after neighborhoods.