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Prewar Limestone Multifamily Building

566 7th Street Brooklyn, NY 11215

566 7th Street, Brooklyn, NY, 11215
$7,299,000
For Sale
Claim this Listing
$7,299,000

MULTI_FAMILY - Brooklyn, NY

Lot Size0.09 Acres
AddedMar 16
Days on Market122
Last RefreshJul 15 at 5:06 am

Property Features for 566 7th Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bathrooms
16
Rooms
Bathroom 4, Bathroom 11, Bathroom 13, Bathroom 16, Bathroom 3, Bathroom 14, Bathroom 6, Bathroom 9, Bathroom 5, Bathroom 10, Bathroom 8, Bathroom 12, Bathroom 15, Bathroom 2, Bathroom 7, Bathroom 1
Interior features
A/C Unit - Window
Basement
Full, Finished
Standard status
Active
Lot size
0.09 Acres

Taxes and HOA fees

Tax Annual Amount
122211

Building Details

Floors in Building
4
Flooring type
Laminate, Carpet, Hardwood, Ceramic
Building materials
Block
Roof type
Flat

Listing agent Vincent E. Salino

Listing office Wolf Properties Inc 170 Gravesend Neck Road, Brooklyn, NY

Listing date Mar 16, 2026

MLS# 499623 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.


Investment Insights

Based on property information with market context.

This for-sale multifamily property is a 15-unit prewar limestone building. The unit mix includes 11 free-market apartments and 4 rent-stabilized units. According to the listing, apartments have updated kitchens with stone countertops and renovated bathrooms. The building is described as well maintained, with tenants in good standing.

The address is 566 7th Street in Brooklyn, NY 11215. The listing positions the property in Park Slope, located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital.

For investors and owner-operators seeking a residential income asset, the current in-place mix of free-market and rent-stabilized apartments can support stable occupancy planning. The listing also states that apartments are approximately 10–15% below market rents, which may be relevant to those underwriting potential rent adjustments. The offering is presented with a 6.9% cap rate. The remarks further note that the $6.4M interest-only loan at 5.6% is assumable, with 1 year remaining.

Key Highlights

  • 15‑unit limestone prewar building in Park Slope
  • Unit mix: 11 free‑market apartments and 4 rent‑stabilized units
  • Updated kitchens with stone countertops and renovated bathrooms across the apartments

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

All Souls Bethlehem ... Church

Suggested Use

Law Firm Accounting Firm Nursing Home Parking Lot & Garage (Bike/Boat/Book/etc) Store Catering Service Hair Salon Travel Agency (Bike/Boat/Book/etc) Store Barber Shop

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

FAQs

What type of property is this?
Apartment building - Well-maintained 15-unit prewar building with updated kitchens and renovated baths, including four rent-stabilized apartments.
Where is this apartment building located?
The property is located at 566 7th Street Brooklyn, NY.
What is the asking price?
The asking price for this property is $7,299,000.
What are key features of this property?
This property features: 15‑unit limestone prewar building in Park Slope; Unit mix: 11 free‑market apartments and 4 rent‑stabilized units; Updated kitchens with stone countertops and renovated bathrooms across the apartments
Contact an agent
More about this property
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