211 8th Avenue

Park Slope   |   1st Street & 2nd Street

Building for sale
$ 9,875,000
Ownership Rental Property
Floors/Apts 4/18
Status Active
Real Estate Taxes [Per Annum] $ 81,811
Building Type Low-Rise
Year Built 1920
ASF/ASM 10,444/970
Listing ID: 74912TH

Property Description

Turn-Key Multi-Family Investment Opportunity in Prime Park Slope 211 8th Avenue is a pre-war, recently gut renovated, multi-family building within the Park Slope Historic District and nestled just one street away from Prospect Park & bustling 7th avenue corridor filled with shops, restaurants, cafes and local conveniences. The property has gone through a meticulous $3.5M renovation and has an attractive mix of 17 top market rentals along with 1 rent controlled tenant. 17 units were completely re-imagined with condo level finishes throughout, including hallways, entryways, stairwells & basement. 211 8th Avenue has been completely reinvented to fit today's lifestyle less than two years ago. Unit features include Select satin finished oak flooring, Custom two-tone white and brown trim lacquer cabinetry, Quartz countertops, open living & dining concepts, spa-style Carrera marble bathrooms. Features also include stainless steel GE appliances, Alpha video home security, Fujitsu energy efficient split heating/cooling systems, Legrand USB/Power outlets, ample closet space, laundry and bike storage. Perfectly situated in the highly desirable Park Slope Historic District and is just one street away from Prospect Park West. Public transportation is easily accessible with the F, G, 2 & 3 lines just a short stroll away. The building has an annual gross rent potential of $655,000. Whether you are looking for a long term investment or potential condo conversion, 211 8th Avenue is a unique opportunity to own a trophy landmark just a street from coveted Prospect Park. Full financial setup available upon request*
Turn-Key Multi-Family Investment Opportunity in Prime Park Slope 211 8th Avenue is a pre-war, recently gut renovated, multi-family building within the Park Slope Historic District and nestled just one street away from Prospect Park & bustling 7th avenue corridor filled with shops, restaurants, cafes and local conveniences. The property has gone through a meticulous $3.5M renovation and has an attractive mix of 17 top market rentals along with 1 rent controlled tenant. 17 units were completely re-imagined with condo level finishes throughout, including hallways, entryways, stairwells & basement. 211 8th Avenue has been completely reinvented to fit today's lifestyle less than two years ago. Unit features include Select satin finished oak flooring, Custom two-tone white and brown trim lacquer cabinetry, Quartz countertops, open living & dining concepts, spa-style Carrera marble bathrooms. Features also include stainless steel GE appliances, Alpha video home security, Fujitsu energy efficient split heating/cooling systems, Legrand USB/Power outlets, ample closet space, laundry and bike storage. Perfectly situated in the highly desirable Park Slope Historic District and is just one street away from Prospect Park West. Public transportation is easily accessible with the F, G, 2 & 3 lines just a short stroll away. The building has an annual gross rent potential of $655,000. Whether you are looking for a long term investment or potential condo conversion, 211 8th Avenue is a unique opportunity to own a trophy landmark just a street from coveted Prospect Park. Full financial setup available upon request*

Listing Courtesy of The Corcoran Group

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Apartment Features

A/C
211 8th Avenue Park Slope Brooklyn NY 11215

Building Details [211 8th Avenue]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1077/3
Building Type Low-Rise
Year Built 1920
Floors/Apts 4/18

Building Amenities

Alarm System

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Loan Amount

Klara Madlin

License

Licensed Real Estate Broker


This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2021 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.