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397 5th Avenue, Brooklyn, NY 11215

Brooklyn
Local realty services provided by:CENTURY 21 Awaye Realty
397 5th Avenue,Brooklyn, NY 11215
$4,650,000
  • 8 Beds
  • 6 Baths
  • 3,828 sq. ft.
  • Multi-family
  • Active
Listed by: louis m esposito, roseanne degliuomini
Office: compass
MLS#:RLS20078243
Source:NY_REBNY

Price summary

  • Price:$4,650,000
  • Price per sq. ft.:$1,214.73

About this home

**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn** Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods. Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years, In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio....

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Home facts

  • Year built:1899
  • Subdivision & Development:Park Slope
  • Listing ID #:RLS20078243
  • Added:50 day(s) ago
  • Updated:September 13, 2026 at 11:49 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:6
  • Full bathrooms:4
  • Half bathrooms:2
  • Rooms Total:16
  • Basement:Yes
  • Living area:3,828 sq. ft.

Heating and cooling

  • Cooling:Central Air, Wall Units
  • Heating:Natural Gas
  • Central air:Yes

Structure and exterior

  • Year built:1899
  • Building area:3,828 sq. ft.
  • Levels:3 Story

Finances and disclosures

  • Price:$4,650,000
  • Price per sq. ft.:$1,214.73
  • Tax amount:$7,176
MLS LogoThis information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved. RLS Data display by Coldwell Banker Warburg This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. NY_REBNY Member Broker: Arlene Waye

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