571 8th Street, Brooklyn, NY 11215
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571 8th Street, Brooklyn, NY 11215
571 8th Street, Brooklyn, NY 11215
571 8th Street, Brooklyn, NY 11215
571 8th Street, Brooklyn, NY 11215
Listing Courtesy of Compass

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571 8th Street Brooklyn, NY 11215

12 Beds

6 Baths

6,196 SqFt


Key Details

Sold Price -

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 6,196 sqft

Subdivision Park Slope

MLS Listing ID RLS20067198

Sold Date -

Style Walk-Up

Bedrooms 12

Full Baths 6

HOA Y/N Yes

Year Built 1920

Annual Tax Amount $30,180

Property Sub-Type Multi Family

Property Description

Rare Generational Opportunity – First Time Offered in Over 50 Years

Offered 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 area's 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.

Location

State NY

County Kings

Rooms

Basement Full

Interior

Interior Features High Ceilings

Furnishings Unfurnished

Fireplace No

Laundry See Remarks

Exterior

View Y/N No

Private Pool No

Building

Story 4

Entry Level Three Or More

Level or Stories Three Or More

New Construction No

Others

Tax ID 01089-0045

Ownership None

Monthly Total Fees $2, 515

Pets Allowed Building No, No

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