Marcus & Millichap - Tri Borough Multi-Family

537 8th Street

537 8th Street
, Brooklyn

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Price: $3,300,000
Building Size: 8,600 Square Feet
Property Type: Multi Family
Exclusive Listing Team:
Matt Fotis
Tel: 212-430-5206

537 8th Street, located in the Prime Park Slope section of Brooklyn, NY, between 8th Avenue & Prospect Park West, is a 4-story apartment building that consists of 8 residential units. The property is built 30′ x 84′ and sits on a 30′ x 100′ lot with a total of 8,628 square feet. (Block: 1089 Lot: 58)

There are 3 free market apartments and 5 rent stabilized apartments. The building is equipped with an updated gas boiler and separate hot water heater as well as new electric service. This property offers investors an extremely rare opportunity to purchase a large 8 apartment building in good condition with a very low average rent in one of Brooklyn’s most popular neighborhoods.