397 5th Avenue Brooklyn, NY $ 4,650,000
397 5th Avenue
$ 4,650,000
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397 5th Avenue

Brooklyn, NY, 11215
$ 4,650,000
Bedrooms8 Baths4.2 Sq 3,828

Monthly Estimate*

$ 29,361

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Multi-Family Home for sale in Brooklyn, NY

for $4,650,000 with 8 bedrooms and 4 full baths, 2 half baths. This 3,828 square foot home was built in 1899.

**Prime Park Sloрe Ιnveѕtment Οррortunity: 397 5th Avenuе, Βrοοklyn** Dіscover 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. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.

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Multi-Family Active

Price

$ 4,650,000

Bedrooms

8

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 7,176

Style

Year Built

1899

Town/City

Brooklyn

County/Region

Kings

MLS | Web ID

RLS20078243

List By
Louis M Esposito

Listing Agent

Compass

Broker

(718) 781-8310

Phone

Affordability Calculator

$29,959
Per Month
98%
2%
0%
Monthly Principal & Interest
$29,361
Monthly Property Taxes
$598
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$4,650,000 Listed Price

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397 5th Avenue, Brooklyn, NY, 11215 is a Multi-Family Home for sale at $4,650,000 with 3,828 sqft. 397 5th Avenue has 8 bedrooms, 4.2 baths, and was built in 1899. The property's zip code is 11215 which is in Brooklyn, NY