This 8-unit building is on a beautiful tree-lined street in Park Slope. The building has 8, 2-bedroom 1-bath units at approximately 800 square feet each and a total of 7,112 square feet. It sits on a 26.5 ft x 100 ft lot, is built 26.5 ft x 80 ft. and there is a total of 26.5 feet of frontage on 16th Street.
The property, located at 435 16th Street, between 8th Avenue & Prospect Park West is in close proximity to Prospect Park and the F and G trains. Zoned R6B and situated in the Park Slope section of Brooklyn, NY, it is located just outside of the Park Slope Historic District and has no additional developable air rights.
There are 7 free market units with 1 empty unit. The building and mechanicals are in good condition. Current rent roll of $163,320 with a Pro Forma rent roll of approximately $196,000. Shown by appointment only.