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585 5TH AVENUE

Park Slope, Brooklyn, NY

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Property Description

Investment Property Realty Group (IPRG) has been exclusively retained to sell 585 5th Avenue. The subject property is located between 16th St & Prospect Ave in Park Slope, Brooklyn.

The property offers 2 apartments and 1 retail space. The second-floor apartment, which features a large deck, has been gut renovated within the last year. The retail space has also been fully renovated within the last year and is cash flowing. In addition to the existing structure, the property also contains 1,821 SF of air rights for re-development potential.

The ground floor is built 17 ft x 88 ft, the 2nd floor is built 17 ft x 44 ft, and the 3rd floor is built 17 ft 44 ft.

The property is located within walking distance to the F, G, & R subway lines.

  • Block & Lot:

    01053-0011

  • Neighborhood:

    Park Slope

  • Cross Streets:

    16th St & Prospect Ave

  • Lot Dimensions:

    17 ft x 97.33 ft

  • Units:

    3

  • Total Approx. SF:

    3,137

  • Zoning:

    C4-3A

  • FAR:

    3.0

  • Tax Class:

    1