Meridian Capital Group
Meridian Investment Sales

390 5th Avenue

390 5th Avenue

Located between 6th and 7th Streets on 5th Avenue in prime Park Slope, Brooklyn
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