315 7th Street #Building Brooklyn, NY 11215

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This attached three-family is an ideal opportunity to acquire a beautifully renovated building in the heart of ultra-desirable Park Slope. With an owner's duplex and two additional units, this is an excellent acquisition for investors or end-users seeking additional rental income.

Tall ceilings and northern and southern exposures create a bright and airy ambiance in each floor-through home. Enjoy brand new windows and flooring throughout. Updated kitchens feature new custom cabinetry, quartz countertops and stainless steel appliances, including gas ranges. Bathrooms are finished with stunning floor-to-ceiling tile and contemporary fixtures.

The two-bedroom, two bathroom owner's duplex begins on the parlor level, where 10-foot-tall ceilings rise above a formal dining room, a full bath, a windowed kitchen and two spacious bedrooms. Below, enjoy a large living area that opens to the private backyard and patio. A full bathroom, separate entrance, large home office and storage complete the unit. On the upper floors are two two-bedroom with windowed kitchen, dining area, and one-bathroom flats offer 9.6-foot ceilings and flexible floor plans. An updated facade and a contemporary entry door add fantastic curb appeal to this handsome building.

Ideally situated on a tree-lined Brooklyn block, the building delivers easy access to legendary Park Slope shopping, dining and nightlife destinations on 5th and 7th avenues. One block north, Washington Park offers a playground, dog park, skatepark, a farmers' market and The Old Stone House. Four blocks east, sprawling Prospect Park features endless trails, verdant open space and access to the Brooklyn Museum, Botanic Garden and Library. Transportation is effortless with F, G, R/Q and 2/3 trains, excellent bus service, and CitiBikes nearby.

Building Info:
Lot size: 18 feet x 100 feet
Building size: 18 feet x 46 feet
Maximum FAR allowed: 2
FAR as built: 1.38
Unused FAR: 1,116 square feet

Projected Annual Rent Roll from all 3 units: $138K
Projected Income unit 1: 2 Bed/ 2 Bath owners duplex + private backyard ~ $4,500
Projected Income unit 2: 2 Bed/ 1 Bath ~ $3,500
Projected Income unit 3: 2 Bed/ 1 Bath ~ $3,500
Projected Cap Rate: ~5%

Property will be delivered vacant and all photos have been virtually staged.