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566 7th Street
Brooklyn NY 11215 US

$7,499,000

Active Listing ID 499623
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16.00 Bath (16 Full)
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Lot: 0.09 Acres
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Other

$7,499,000

Active Listing ID 499623
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566 7th Street Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10-15% below market rents, offering clear upside for investors. Key Highlights: - 15-unit limestone prewar building - 11 free market / 4 rent stabilized units - Updated kitchens with stone counters & renovated baths - Ultra-prime Park Slope location - Apartments ~10-15% below market - 6.9% cap rate - Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn's most sought-after neighborhoods.

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Property Features

  • Facts
  • Lot Size: 0.09 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 16
  • Floor Covering: Carpet, Hardwood, Laminate, Ceramic
  • Roof Type: Flat
  • Heating Fuels: Natural Gas, Other (Heating), Steam
  • Additional Features
  • Basement

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 7499000
  • unparsedaddress: 566 7th Street
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11215
  • bathroomsfull: 16
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0918
  • lotsizeunits: Acres
  • lotsizearea: 0.0918
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.666309
  • longitude: -73.977386
  • listagentfullname: Vincent E. Salino
  • listagentemail: vsalino@wolfprop.com
  • listagentkey: 3yd-BMLSNY-sal9657
  • listagentmlsid: sal9657
  • listagentpreferredphone: (718) 382-9653
  • listagentofficephone: 7183829653
  • listofficekey: 3yd-BMLSNY-114800
  • listofficemlsid: 114800
  • disclaimer: 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.
  • sourcesystemid: BMLSNY
  • listingcontractdate: 2026-03-16
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Block
  • flooring: Carpet, Hardwood, Laminate, Ceramic
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: A/C Unit - Window
  • rooms: Bathroom 15, Bathroom 12, Bathroom 14, Bathroom 16, Bathroom 8, Bathroom 13, Bathroom 11, Bathroom 1, Bathroom 3, Bathroom 5, Bathroom 4, Bathroom 10, Bathroom 7, Bathroom 6, Bathroom 9, Bathroom 2
  • basement: Finished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -73.97739, 40.66631
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wolf Properties Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"vsalino@wolfprop.com", "ListBrokerageCity":"Brooklyn", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Wolf Properties Inc", "ListBrokeragePhone":"(718) 382-9653", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"170 Gravesend Neck Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"170 Gravesend Neck Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"114800", "ListOfficeCity":"Brooklyn", "ListOfficeCountry":"US", "ListOfficeEmail":"flupi@wolfprop.com", "ListOfficePostalCode":"11223", "ListOfficeStateOrProvince":"NY", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Brooklyn, NY", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/566-7th-St_Brooklyn_NY_11215_M97365-53138?f=listhub&s=BMLSNY&m=499623&c=rexren", "MLSModificationTimestamp":"2026-03-17 14:11:51", "Neighborhoods":[{"Description":null, "Name":"Park Slope"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":122211, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/30/2026 6:01:15 PM GMT
Source Updated Date: 5/10/2026 6:48:01 AM GMT

Courtesy of: Vincent E. Salino, Wolf Properties Inc, vsalino@wolfprop.com

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.