258 7th Ave Brooklyn, NY 11215
Park Slope NeighborhoodEstimated payment $16,847/month
Highlights
- Hot Property
- 5-minute walk to 7 Avenue (F,G Line)
- Hot Water Heating System
- P.S. 39 Henry Bristow Rated A
- Wood Flooring
- Back Yard
About This Home
Rare opportunity to acquire a core mixed-use asset in the heart of Park Slope, located along the highly sought-after 7th Avenue retail corridor. The property sits directly across from NewYork-Presbyterian Brooklyn Methodist Hospital, one of Brooklyn’s most prominent and respected medical institutions, providing an irreplaceable, long-term demand anchor and consistent daily foot traffic.
The building features two residential units above a ground-floor commercial storefront, offering a balanced combination of stable residential income and flexible commercial upside. The ground-floor retail space is currently delivered vacant, allowing immediate repositioning, owner occupancy, or re-tenanting at market rates. The property offers an anticipated investment return exceeding 7.3%, making it highly competitive among core Park Slope assets. The retail space benefits from strong visibility and frontage, suitable for all retail. Residential units maintain consistent demand due to proximity to a major employment center, transportation, and lifestyle amenities. An exceptional opportunity for investors seeking stable income, capital preservation, and exposure to one of Brooklyn’s most irreplaceable mixed-use locations.
Property Details
Property Type
- Other
Est. Annual Taxes
- $13,924
Year Built
- Built in 1925
Lot Details
- 1,623 Sq Ft Lot
- Lot Dimensions are 83 x 20
- Back Yard
- Property is zoned R6A C1-4
Parking
- On-Street Parking
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,911 Sq Ft Home
- 3-Story Property
- Walk-Out Basement
Flooring
- Wood
- Tile
Utilities
- Hot Water Heating System
- Heating System Uses Gas
- 220 Volts
- 110 Volts
- Gas Water Heater
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $5,000
- Utility Expense $380
- Gross Income $204,000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/07/2026 01/07/26 | For Sale | $2,999,990 | -- | $1,031 / Sq Ft |
Source: Brooklyn Board of REALTORS®
MLS Number: 498242
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