387 7th Ave Brooklyn, NY 11215
South Slope NeighborhoodEstimated payment $16,949/month
Highlights
- Wood Flooring
- 4-minute walk to 7 Avenue (F,G Line)
- Back Yard
- P.S. 107 John W Kimball Rated A
- Heating System Uses Steam
About This Home
Incredible Investment Opportunity - Mixed Use Building for sale in Park Slope. This 2 family + 1 Store is located on busy 7th Avenue. Each apartment can be converted into a 3 Bedrooms 2-bathroom, Kitchen, Living Room. Separate Heating system for each unit. The 1st floor commercial space has access to the basement giving it flexibility. Annual R.E. tax $8,232. Both apartments are currently vacant. Super prime, heavy foot traffic location near everything, close to BQE and minutes away from the subway!
Property Details
Property Type
- Other
Est. Annual Taxes
- $8,232
Year Built
- Built in 1920
Lot Details
- 1,365 Sq Ft Lot
- Lot Dimensions are 70 x 19
- Back Yard
- Property is zoned R6A
Home Design
- Mixed Use
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 3,800 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Unfinished Basement
Utilities
- Heating System Uses Steam
- Heating System Uses Gas
- 220 Volts
- 110 Volts
Listing and Financial Details
- Tax Block 1096
Community Details
Overview
- 2 Units
Building Details
- Insurance Expense $4,000
- Utility Expense $720
- Gross Income $106,800
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,772 | $276,120 | $24,600 | $251,520 |
| 2024 | $7,772 | $272,940 | $24,600 | $248,340 |
| 2023 | $7,793 | $241,200 | $24,600 | $216,600 |
| 2022 | $6,899 | $189,360 | $24,600 | $164,760 |
| 2021 | $7,182 | $168,900 | $24,600 | $144,300 |
| 2020 | $18 | $138,300 | $24,600 | $113,700 |
| 2019 | $6,746 | $120,240 | $24,600 | $95,640 |
| 2018 | $6,518 | $31,977 | $7,851 | $24,126 |
| 2017 | $6,153 | $30,184 | $7,943 | $22,241 |
| 2016 | $5,694 | $28,483 | $8,997 | $19,486 |
| 2015 | $3,434 | $28,464 | $10,786 | $17,678 |
| 2014 | $3,434 | $26,872 | $12,214 | $14,658 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2026 01/24/26 | Price Changed | $3,160,000 | -0.6% | $832 / Sq Ft |
| 12/02/2025 12/02/25 | Price Changed | $3,180,000 | -3.0% | $837 / Sq Ft |
| 10/09/2025 10/09/25 | For Sale | $3,280,000 | -- | $863 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,500,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Brooklyn Board of REALTORS®
MLS Number: 496500
APN: 01096-0002
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Ask me questions while you tour the home.