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  • 123 8th Avenue
  • $ 4,999,999
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215

123 8th Avenue

Park Slope   |   Carroll St & Montgomery Pl

Building For Sale
$ 4,999,999
Ownership Multi-Family
Lot Size 23'x112'
Status Active
Real Estate Taxes [Per Annum] $ 64,774
Building Size 23'x50'
Year Built 1885
ASF/ASM 6,666/619
 

Photos

123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
123 8th Avenue Park Slope Brooklyn NY 11215

Property Description

Positioned on a prime Park Slope block, 123 8th Avenue is a well-maintained, income-producing multifamily property offering scale, unit diversity, and strong long-term upside. The building consists of nine residential units across multiple floors, providing a balanced mix that appeals to a broad tenant base: Five one-bedroom apartments (GF, 1F, 1R, 3F, 4F) Two two-bedroom apartments (GR, 2F) Two studio apartments (3R, 4R) Ownership has assembled comprehensive documentation for buyer review, including DHCR records, detailed profit & loss statements, and construction cost history, allowing investors to underwrite with confidence. Operating expenses include: Annual real estate taxes: $65,412 Annual water & sewer: $11,993 Annual insurance: $7,163 Utilities (gas & electric): approximately $700–$850 per month With its unit mix, transparent financials, and desirable Park Slope location near Prospect Park, transit, and neighborhood amenities, this property presents a compelling opportunity for investors seeking stable cash flow with future growth potential. Showings are accommodated with 48 hours’ notice.
Positioned on a prime Park Slope block, 123 8th Avenue is a well-maintained, income-producing multifamily property offering scale, unit diversity, and strong long-term upside. The building consists of nine residential units across multiple floors, providing a balanced mix that appeals to a broad tenant base: Five one-bedroom apartments (GF, 1F, 1R, 3F, 4F) Two two-bedroom apartments (GR, 2F) Two studio apartments (3R, 4R) Ownership has assembled comprehensive documentation for buyer review, including DHCR records, detailed profit & loss statements, and construction cost history, allowing investors to underwrite with confidence. Operating expenses include: Annual real estate taxes: $65,412 Annual water & sewer: $11,993 Annual insurance: $7,163 Utilities (gas & electric): approximately $700–$850 per month With its unit mix, transparent financials, and desirable Park Slope location near Prospect Park, transit, and neighborhood amenities, this property presents a compelling opportunity for investors seeking stable cash flow with future growth potential. Showings are accommodated with 48 hours’ notice.

Listing Courtesy of Keller Williams Realty Empire

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775

Care to take a look at this property?

Apartment Features

Hardwood Floors
123 8th Avenue Park Slope Brooklyn NY 11215
123 8th Avenue Park Slope Brooklyn NY 11215

Building Details [123 8th Avenue]

Ownership Multi-Family
Block/Lot 1072/5
Building Size 23'x50'
Zoning R7B
Year Built 1885
Floors 4
Lot Size 23'x112'

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Loan Amount

Maria Castellano

License Licensed As: Real Estate Broker/Owner

Licensed Real Estate Broker/Owner


W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
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.
MLSID: 498740