Meridian Capital Group
Meridian Investment Sales

225 13th Street

225 13th Street

Located Between Fourth and Fifth Avenues
Park Slope

FOR SALE: PRIME PARK SLOPE MULTIFAMILY PROPERTY - 26 UNITS

Asking Pricing $8,500,000
Type Multifamily
Neighborhood Park Slope
Properties 1
Lot Size 5,750 SF
Zoning Code R6B
Size 23,500 SF
Stories 5 Stories
Units 26 Units
Air Rights Overbuilt

Investment Highlights:

Team Hess of Meridian Investment Sales is pleased to present the Exclusive Offering for 225 13th Street, a multifamily building with a total of 26 apartments in prime Park Slope – just three blocks away from the F & G train at the Fourth Avenue subway station. The property is situated on 13th Street between 4th Avenue and 5th Avenue. Park Slope is one of the most desirable residential and commercial locations in not only Brooklyn, but all of New York City.

This a rare opportunity for an investor to buy a cash flowing, renovated asset in a prime neighborhood with upside in the preferential rents. The building had a J-51 tax abatement that expired on 6/30/2019. The asset has been consistently maintained and upgraded minimizing long-term deferred maintenance for future ownership.