390 5th Avenue
390 5th Avenue
Park Slope
For Sale Mixed-Use Free Market Walkup
| Asking Pricing | $5,800,000 |
|---|---|
| Type | Mixed-Use |
| Neighborhood | Park Slope |
| Properties | 1 |
| Lot Size | 22' x 86.67' |
| Zoning Code | R6A w/ C1-4 Overlay |
| Size | 5,979 SF |
| Stories | 5 |
Investment Highlights:
Meridian Investment Sales is pleased to present the exclusive offering of 390 5th Avenue, a mixed-use, Free Market walkup apartment building located between 6th and 7th Streets in prime Park Slope, Brooklyn. The 6,000 SF property boasts 22 feet of frontage and contains 6 apartments above a ground floor retail space. All 6 residential units are Free Market. The property benefits from the protected Tax Class 2B classification, which limits increases to Assessed Value to 8% annually or 30% over 5 years. The property underwent an entire gut renovation and 2-floor addition. All tenants pay their own electric and utilities. Surrounded by a variety dining and shopping options, tenants of the property will find some of Park Slope’s finest destinations just steps from their door. The 9th Street D, N, R, F, G and W subway trains, providing easy access to and from Manhattan, are located just a short walk from the property