Prewar Limestone Multifamily
566 7th Street Brooklyn, NY 11215
566 7th Street, Brooklyn, NY, 11215
$7,299,000
For Sale
$7,299,000
MULTI_FAMILY - Brooklyn, NY
Lot Size0.09 Acres
Days on Market129
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 agency
Wolf Properties Inc
(718) 382-9653
Listed by
Vincent E. Salino
(718) 382-9653
Added: Mar 16 Updated: Jul 11 at 6:35PM Checked: Jul 22 at 10:06AM
MLS# 499623
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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.
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
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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
