566 7th St Brooklyn, NY 11215

Listing office Wolf Properties Inc

Listing date Mar 17, 2026

Source Crexi

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Investment Insights

Based on property information with market context.

This is a prewar limestone building located in Park Slope, situated between Prospect Park and NewYork-Presbyterian Brooklyn Methodist Hospital. The property comprises 15 residential units, including 11 free-market apartments and 4 rent-stabilized units. The apartments feature updated kitchens with stone countertops and renovated bathrooms. The building has been well maintained, and the tenants are in good standing. The apartments are currently rented at rates 10-15% below market value.

Key Highlights

• Prime Park Slope location near Prospect Park and NewYork‑Presbyterian Brooklyn Methodist Hospital.
• Strong in‑place income from 15 residential units (11 free‑market, 4 rent‑stabilized).
• Significant upside potential with apartments currently 10‑15% below market rents.

Property Analytics

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FAQs

What type of property is this?

Apartment building - Prewar building with 15 units near Prospect Park.

Where is this apartment building located?

The property is located at 566 7th St Brooklyn, NY.

What is the asking price?

The asking price for this property is $7,499,000.

What are key features of this property?

This property features: Prime Park Slope location near Prospect Park and NewYork‑Presbyterian Brooklyn Methodist Hospital.; Strong in‑place income from 15 residential units (11 free‑market, 4 rent‑stabilized).; Significant upside potential with apartments currently 10‑15% below market rents.