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  • 524 5th Street
  • $ 3,450,000
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215

524 5th Street

Park Slope   |   7th Avenue & 8th Avenue

Building For Sale
$ 3,450,000
Ownership Rental Property
Floors/Apts 4/8
Status Active
Real Estate Taxes [Per Annum] $ 26,511
Building Type Low-Rise
Year Built 1920
ASF/ASM 7,104/660
Listing ID: 100702TH

Photos

524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Floor Plans

524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215

David Calderazzo

License

Broker/Owner


W: 212-828-0492
524 5th Street Park Slope Brooklyn NY 11215

Property Description

Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily

Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner.

Property Highlights:

  • Eight spacious floor-through apartments, each featuring:
    • Two true bedrooms and one full bathroom
    • High ceilings and expansive living rooms
    • Separate eat-in kitchens with modern appliances
    • Original hardwood floors, crown moldings, and stained glass accents
    • Abundant natural light from three exposures and multiple windows
  • Central stairwell providing access to all units
  • Fully leased, offering immediate and stable rental income
  • Full English basement

Location & Accessibility:
Situated just one block from Prospect Park and 500 feet from the vibrant retail corridor of 7th Avenue, residents enjoy unparalleled access to local amenities, including cafes, boutiques, banks, pharmacies, and the renowned Park Slope Farmers Market. The F and G subway lines at 7th Avenue are a mere four blocks away, ensuring a swift commute to Manhattan and other parts of Brooklyn.

Investment Potential:
With its prime location, historic charm, and solid rental history, 524 5th Street is an exceptional addition to any investor's portfolio. The property's pre-war character combined with modern updates appeals to discerning tenants, ensuring continued demand and minimal vacancy.
Prime Park Slope Investment Opportunity - Fully Leased 8-Unit Pre-War Multifamily

Located on a picturesque, tree-lined block in the heart of Park Slope, 524 5th Street presents a rare opportunity to acquire a well-maintained, income-generating multifamily asset. This stately 4-story, 8-unit building spans approximately 7,104 square feet and sits on a 25.5" x 83" lot. Built in 1920, the property showcases timeless architectural details and has been thoughtfully preserved by its current owner.

Property Highlights:

  • Eight spacious floor-through apartments, each featuring:
    • Two true bedrooms and one full bathroom
    • High ceilings and expansive living rooms
    • Separate eat-in kitchens with modern appliances
    • Original hardwood floors, crown moldings, and stained glass accents
    • Abundant natural light from three exposures and multiple windows
  • Central stairwell providing access to all units
  • Fully leased, offering immediate and stable rental income
  • Full English basement

Location & Accessibility:
Situated just one block from Prospect Park and 500 feet from the vibrant retail corridor of 7th Avenue, residents enjoy unparalleled access to local amenities, including cafes, boutiques, banks, pharmacies, and the renowned Park Slope Farmers Market. The F and G subway lines at 7th Avenue are a mere four blocks away, ensuring a swift commute to Manhattan and other parts of Brooklyn.

Investment Potential:
With its prime location, historic charm, and solid rental history, 524 5th Street is an exceptional addition to any investor's portfolio. The property's pre-war character combined with modern updates appeals to discerning tenants, ensuring continued demand and minimal vacancy.

Listing Courtesy of Corcoran Group

David Calderazzo

License

Broker/Owner


W: 212-828-0492

Care to take a look at this property?

Apartment Features

A/C
524 5th Street Park Slope Brooklyn NY 11215
524 5th Street Park Slope Brooklyn NY 11215

Building Details [524 5th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1084/31
Building Type Low-Rise
Year Built 1920
Floors/Apts 4/8

Mortgage Calculator in [US Dollars]

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Loan Amount

David Calderazzo

License

Broker/Owner


W: 212-828-0492
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 REBNY Listing Service, Inc. All rights reserved. Additional building data provided by On-Line Residential [OLR].
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
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245 East 87th Street New York, NY 10128
T:   212-828-0492   |   Email:   david@dfnyre.com
T01.50.0.0 | Core: 50.0.0