Ad #7897982
MLS #499623
Prime Park Slope Investment Opportunity Rare opportunity to
566 7th St, Brooklyn, NY 11215
$7,299,000
--Beds
16Baths
--Sqft
0.09Acres
About this property
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.
Property Features
0 Beds
16 Baths
0 Sqft
0.09 Acres
4 Stories
Siding: Block
Flat Roof
$122,211 / yr property tax
Kings County
Additional Photos
Contact Information
Vincent E. Salino
Wolf Properties Inc
718-382-9653
Location
Listing Agent: Vincent E. Salino 718-382-9653
Broker: Wolf Properties Inc 718-382-9653 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Wolf Properties Inc 718-382-9653 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$7,299,000
--
Beds
16
Baths
--
Sqft
566 7th St, Brooklyn, NY 11215
By contacting this agent you agree to these Terms and Conditions.
MLS# 499623
Prime Park Slope Investment Opportunity Rare opportunity to
$7,299,000
566 7th St, Brooklyn, NY 11215
--
Beds
16
Baths
--
Sqft
0.09
Acres
$7,299,000
566 7th St, Brooklyn, NY 11215
-- Beds
16 Baths
-- Sqft
0.09 Acres
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.
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Property Details
HOME DETAILS
0 Beds
16 Baths
0 Sqft
0.09 Acres
4 Stories
EXTERIOR
Siding: Block
Flat Roof
FINANCIAL & COMMUNITY
$122,211 / yr property tax
Kings County
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7897982
Viewed
39 times
Listing Status
Active
Added
Jul 06, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Brooklyn New York Multiple Listing Service
Source Property ID
499623
Listing Agent: Vincent E. Salino 718-382-9653
Broker: Wolf Properties Inc 718-382-9653 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Wolf Properties Inc 718-382-9653 Listing Site
Copyright © 2026 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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