Rare Generational Opportunity ? First Time Offered in Over 50 YearsOffered for the first time in more than half a century, this well-maintained six-family building is situated on a quiet park block in an unbeatable location, representing a rare opportunity to acquire a long-term, legacy asset in one of the areas most desirable residential settings.The property offers the potential for the top three floors to be delivered vacant, providing immediate flexibility for repositioning, rental upside, or long-term family ownership. With thoughtful execution, the building can be built into an approximate 6.5% cap, making it a compelling value-add opportunity supported by strong fundamentals.The building is filled with natural light, has been carefully maintained by the same ownership for decades, and presents a clean, straightforward canvas for the next owner. This is an ideal asset for a buyer seeking a generational investment combining stability, upside, and an irreplaceable location.Offering Memorandum available upon request.
Listed By
Agency Name: Compass
Agency Phone: (212) 913-9058
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Estimated Payment
$ 10,318.42 per month $6,899.26 Principal & Interest $2,515.00 Property Tax $904.17 Homeowner's InsuranceSend an email with a link to
571 8th Street, Brooklyn, NY 11215.
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571 8th Street | MLS# RLS20067198
This home located at 571 8th Street, Brooklyn, NY 11215 is currently listed for sale with an asking price of $3,100,000. This property was built in 1920 and has 12 bedrooms and 6 full baths with 6196 sq. ft. 8th Street is located in the Park Slope subdivision. Search Park Slope real estate on www.joycerealty.com today.