71 8th Ave, Brooklyn, NY 11217
Five-story corner property with one commercial space and eight residential units, fully occupied.
Property Features for 71 8th Ave
General Information
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Building Details
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Investment Insights
Based on property information with market context.
Situated on the corner of Eighth Avenue and Union St. in Park Slope, the building is described as being within walking distance of major cultural and transit destinations, including Prospect Park, Grand Army Plaza, Brooklyn Museum, Botanic Garden, and the B, Q, 2, 3, and 4 subway lines.
With corner positioning, the building benefits from significant window exposure. The offering also notes that the layout of a majority of units may support conversion to additional bedrooms.
Key Highlights
- Five‑story corner mixed‑use building at the corner of Eighth Avenue and Union St.
- 9 total units: 1 commercial space and 8 residential units; property is fully occupied.
- Unit mix: 7 of the residential units are 1 bed / 1 bath with potential to be converted to two bedrooms.
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Lease Details
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Trade Area within ½ mile
Demographics for 11217, NY
Market
Vacancy Rate% for Multifamily in Northeast region