566 7th Street, Brooklyn, NY 11215
Local realty services provided by:CENTURY 21 Homefront
566 7th Street,Brooklyn, NY 11215
$7,499,000
- - Beds
- 16 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: vincent e. salino
Office: wolf properties inc
MLS#:499623
Source:BROOKLYN
Price summary
- Price:$7,499,000
About this home
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 baths
• 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....
Contact an agent
Home facts
- Listing ID #:499623
- Added:29 day(s) ago
- Updated:April 15, 2026 at 11:12 AM
Rooms and interior
- Total bathrooms:16
- Full bathrooms:16
- Flooring:Carpeting, Ceramic, Hardwood, Laminate
- Basement Description:Full, Semi-Finished
Heating and cooling
- Heating:Gas, Steam/Radiator
Structure and exterior
- Roof:Flat
- Lot area:0.09 Acres
- Construction Materials:Limestone
- Exterior Features:Back Yard, Side Yard
- Foundation Description:Poured Concrete
Finances and disclosures
- Price:$7,499,000
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