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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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Single Family Attached

$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
  • Property Sub-type: Single Family Attached
  • Features
  • Full Bathrooms: 16
  • Floor Covering: Carpet, Hardwood, Laminate
  • Roof Type: Flat
  • Heating Fuels: Natural Gas, Other (Heating), Steam

Property

  • propertytype: Residential
  • propertysubtype: Single Family Attached
  • listprice: 7499000
  • unparsedaddress: 566 7th Street
  • postalcity: Brooklyn
  • stateorprovince: NY
  • country: US
  • postalcode: 11215
  • bathroomsfull: 16
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.0918273645546373
  • lotsizeunits: Acres
  • lotsizearea: 0.091827
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Vincent E. Salino
  • listagentemail: vsalino@wolfprop.com
  • listagentkey: 3yd-BMLSNY-sal9657
  • listagentmlsid: sal9657
  • listagentpreferredphone: 7183829653
  • 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
  • countyorparish: Kings (Brooklyn)
  • constructionmaterials: Stone
  • flooring: Carpet, Hardwood, Laminate
  • heating: Natural Gas, Other (Heating), Steam
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Flat
  • waterfrontyn: False
  • interiorfeatures: A/C Unit - Window
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Wolf Properties Inc", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":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":"NY", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"170 Gravesend Neck Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"170 Gravesend Neck Road", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "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":"2026-03-17T14:11:51Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Multi-Family", "RawPropertyType":"Residential", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":122211.27, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/17/2026 9:04:04 PM GMT
Source Updated Date: 3/23/2026 6:58:33 PM 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.