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566 7th Street

Brooklyn, NY 11215
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Bed --

Bed

Bath 16

Bath

Acres0.09

Acre(Lot)

Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10–15% below market rents, offering clear upside for investors. Key Highlights: • 15-unit limestone prewar building • 11 free market / 4 rent stabilized units • Updated kitchens with stone counters & renovated b aths • Ultra-prime Park Slope location • Apartments ~10–15% below market • 6.9% cap rate • Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn’s most sought-after neighborhoods.

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Detail Ic Property Details

Property Type : Residential Income

Price : $7,499,000

AD Id : 76172285

MLS Id : 499623

Lot Size : 0.09 Acre

Year Built : --

County : Kings

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Feature Features

  • Bathroom Information

    Full Baths: 16

    Room Information

    Has Basement: Yes Basement: Full, Partially Finished
  • Flooring Information

    Carpet, Ceramic Tile, Hardwood, Laminate
  • Roofing Information

    Flat
  • Interior Features

    Roof: Flat Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Steam, Natural Gas Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Construction Materials: Block, Stone Stories: 4 Private Pool: No

  • Lot Information

    Lot Dimensions: 100 x 40 Lot Size Acres: 0.09 Lot Size Square Feet: 4000

  • Listing Price Information

    Listing Price: $7499000

  • Tax Information

    Tax Lot: 19 Tax Block: 1089 Annual Tax: $122211.27
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
860 Union Street, Brooklyn, NY, 11215 $3,750,000 6 6 3,894 3,894 SqFt
490 16th Street, Brooklyn, NY, 11215 $2,450,000 6 3 --
176 Prospect Park West .., Brooklyn, NY, 11215 $8,000,000 -- 9 14,200 14,200 SqFt
475 16th Street, Brooklyn, NY, 11215 $999,000 16 8 6,840 6,840 SqFt
819 Union Street, Brooklyn, NY, 11215 $4,500,000 -- 4 3,580 3,580 SqFt
238 Prospect Park West .., Brooklyn, NY, 11215 $1,650,000 -- -- 4,200 4,200 SqFt
258 7th Avenue, Brooklyn, NY, 11215 $2,999,990 -- -- 2,911 2,911 SqFt
645 Carroll Street, Brooklyn, NY, 11215 $4,599,900 5 7 --
344 7th Avenue, Brooklyn, NY, 11215 $5,000,000 -- -- 4,680 4,680 SqFt
371 16th Street, Brooklyn, NY, 11215 $2,399,999 -- 3 1,704 1,704 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Brooklyn Board of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Brooklyn MLS. All Rights Reserved.

ByOwner last updated this listing 06/07/2026 @ 02:20

MLS: 499623 LISTED BY: Vincent Salino, Wolf Properties Inc 718-382-9653 SOURCE: Brooklyn Board of REALTORS

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