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Park Slope Multifamily Limestone Building

176 Prospect Park W, Brooklyn, NY 11215

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For Sale

$8,000,000

MULTI_FAMILY - Brooklyn, NY

Property size:

14,200 SF

Lot size:

0.09 Acres

Price / SF:

$563/SF

HighLights

Landmark 9‑unit multi‑family limestone building on a 41' x 98' lot
14,200 SF total living space with nine 4BR/1BA apartments (approx. 1,400 SF each)
Four‑story walkup with masonry construction and full basement with yard access
R7A zoning; 41' x 85' building size
New gas boiler and new roof
Interior features include dishwasher, washer, and dryer; flooring includes hardwood, laminate, and tile

We can help!

Listing Contact

Ali Tom

For Sale

$8,000,000

MULTI_FAMILY - Brooklyn, NY

Property size:

14,200 SF

Lot size:

0.09 Acres

Price / SF:

$563/SF

Added:: Oct 7, 2025
Days on Market:: 259
Last Refresh:: Jun 22 at 2:06 am

Property Features for 176 Prospect Park W

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R7A
Bathrooms: 9
Rooms: Bathroom 9, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 2, Bathroom 6, Bathroom 8, Bathroom 4, Bathroom 7
Interior features: Dishwasher, Dryer, Washer
Basement: Finished
Standard status: Active
Size: 14,200 SF
Lot size: 0.09 Acres

Building Details

Year built: 1902
Floors in Building: 4
Flooring type: Laminate, Hardwood, Tile
Building materials: Masonry
Roof type: Rubber, Flat

We can help!

Listing Contact

Ali Tom

Listing agent Ali Tom License #AT7155

Listing office Bellmarc 715 5th Avenue, Brooklyn, NY

Listing date Oct 7, 2025

MLS# 496423 Listing URL

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.

HighLights

Landmark 9‑unit multi‑family limestone building on a 41' x 98' lot
14,200 SF total living space with nine 4BR/1BA apartments (approx. 1,400 SF each)
Four‑story walkup with masonry construction and full basement with yard access
R7A zoning; 41' x 85' building size
New gas boiler and new roof
Interior features include dishwasher, washer, and dryer; flooring includes hardwood, laminate, and tile

Overview

Located on a tree-lined street in the historic Park Slope neighborhood of Brooklyn, this is a nine-unit multifamily limestone building. The four-story walkup building features a full basement and a total living space of 14,200 square feet. Each of the nine apartments contains four bedrooms and one bathroom, with each unit measuring approximately 1,400 square feet. The property sits on a 41' x 98' lot, with the building itself measuring 41' x 85'. The property is zoned R7A. The well-maintained building is almost fully occupied and includes a spacious backyard, many original details, and a full unfinished basement with windows and yard access. It also features a new gas boiler and a new roof. The property offers access to Prospect Park, the F train, Prospect Heights, and Gowanus. The rooftop provides views of Downtown Manhattan, Prospect Park, the Statue of Liberty, and the Brooklyn skyline. The property is intended for multifamily residential use.

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$804.3k	$56.64
− Vacancy	−$16.1k	−$1.13
EGI	$788.2k	$55.51
− OpEx	−$354.7k	−$24.98
NOI	$433.5k	$30.53

14,200 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

Alternative Uses

Best Use

Apartment 5plus

$6.19M

$5.42M – $7.23M (±1% cap)

NOI $433,511 @ 7.0% cap · market cap 5.42%

Second Best

—

no second resolved use

Theoretical Best

Specialty Retail

$11.76M

$10.29M – $13.72M (±1% cap)

NOI $823,032 @ 7.0% cap · market cap 10.29%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Brooklyn
County: Kings
State: New York
Longitude: -73.978958
Latitude: 40.662537

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For sale
Apartment buildings
NY
Brooklyn
11215
176 Prospect Park W

What type of property is this?

Apartment building - Nine-unit multifamily building in historic Park Slope, Brooklyn.

Where is this apartment building located?

The property is located at 176 Prospect Park W Brooklyn, NY.

What is the asking price?

The asking price for this property is $8,000,000.

What are key features of this property?

This property features: Landmark 9‑unit multi‑family limestone building on a 41' x 98' lot; 14,200 SF total living space with nine 4BR/1BA apartments (approx. 1,400 SF each); Four‑story walkup with masonry construction and full basement with yard access

176 Prospect Park W, Brooklyn, NY 11215

MULTI_FAMILY - Brooklyn, NY

Property Features for 176 Prospect Park W

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

First-Floor and Cellar Commercial Condo

NNN Retail Strip with Parking

Corner Medical Suite with Private Entrance

Turn-Key Supermarket Business Opportunity

Established Supermarket Business For Sale

Brooklyn Mixed-Use Investment Opportunity

Incomplete Renovation Church Conversion

Luxury Atelier & Designer Showroom

Prime Kings Highway Commercial Unit

Automotive Repair Facility

Prime Corner Commercial Brooklyn Building

Three-Story Retail Storefront Building

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