174 15th Street, 1

Park Slope   |   4th Avenue & 5th Avenue

Rental Property [Voice Intercom]
$ 3,500,000
Rooms 36
Bedrooms 16
Bathrooms 8
Status Active
Real Estate Taxes [Monthly] $ 1,982
Listing ID: 93141TH

Jason Bauer

License

Manager, Licensed Associate Real Estate Broker

Request More Information

Property Description

An Investors Dream with Fantastic Cash Flow

We are pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents.

The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare.

Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesn't get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away.

Building Summary:
- Lot size: 31' x 105' Semi-detached
- 5 Stories (including basement)
- Building size 27' x 90'
- Building SF: 8,400 (overbuilt)
- Residential Units: 8- Average Residential Size 1,000
- FAR 2
An Investors Dream with Fantastic Cash Flow

We are pleased to offer for sale the building 174 15th in prime South Park Slope. Consisting of 5 stories (including the basement), each floor includes two massive 2-bedroom apartments with fantastic natural light for a total of eight residential units. Each apartment is close to 1,000 SF. Laundry machines were installed recently to provide optimal convenience for the residents.

The building is turn-key and fully occupied with major improvements and renovations being completed on a regular basis since 2019 including covering from oil to gas, installing new meters, updating gas lines, roof replacement, and unit renovations. This opportunity is rare.

Located in prime South Park Slope, on 15th street between 5th and 4th Avenues, it doesn't get more convenient thank this. Cafes, restaurants, gyms (Blink and Harbor Fitness on the corner) groceries, shopping, parks and transportation are mere blocks away.

Building Summary:
- Lot size: 31' x 105' Semi-detached
- 5 Stories (including basement)
- Building size 27' x 90'
- Building SF: 8,400 (overbuilt)
- Residential Units: 8- Average Residential Size 1,000
- FAR 2

Listing Courtesy of Corcoran Group

Care to take a look at this property?

Apartment Features

A/C [Window Units]
174 15th Street Park Slope Brooklyn NY 11215

Building Details [174 15th Street]

Ownership Rental Property
Service Level Voice Intercom
Access Walk-up
Block/Lot 1047/20
Building Type Low-Rise
Age Pre-War
Year Built 1931
Floors/Apts 5/8

Mortgage Calculator in [US Dollars]

$
%
$
%

Loan Amount

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 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.