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123 8th Avenue, Brooklyn, NY 11215

Local realty services provided by:CENTURY 21 Homefront
123 8th Avenue,Brooklyn, NY 11215
$5,199,999
  • 8 Beds
  • 8 Baths
  • 6,666 sq. ft.
  • Multi-family
  • Active
Listed by: nat guerriera
Office: pen realty llc.
MLS#:494864
Source:BROOKLYN

Price summary

  • Price:$5,199,999
  • Price per sq. ft.:$780.08

About this home

Located just steps from Prospect Park in the heart of Park Slope, 123 8th Avenue is a well-maintained 9-unit multifamily building offering both strong in-place income and long-term upside. This classic Brooklyn asset includes a balanced unit mix of five (5) one-bedroom apartments, two (2) two-bedroom apartments, and two (2) studio apartments. The property features six free market units and three rent-stabilized units. All residences have been recently renovated and are in excellent condition, with layouts ranging from approximately 550 to 1,000 square feet. Current gross monthly income is $33,350, totaling over $400,000 annually. Operating expenses include $750/month for electric and gas, approximately $12,000 annually for water, and real estate taxes of $65,412 per year. Additional expense details and supporting financial documentation are available upon request. This is a prime turnkey opportunity for investors seeking a stabilized, cash-flowing asset in one of Brooklyn’s most

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Home facts

  • Year built:1885
  • Listing ID #:494864
  • Added:162 day(s) ago
  • Updated:January 03, 2026 at 12:12 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:8
  • Full bathrooms:8
  • Living area:6,666 sq. ft.

Heating and cooling

  • Heating:Gas, Steam/Radiator

Structure and exterior

  • Year built:1885
  • Building area:6,666 sq. ft.
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$5,199,999
  • Price per sq. ft.:$780.08
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