Introducing a rare opportunity to acquire a well-positioned multifamily asset in the heart of Park Slope, one of Brooklyn’s most desirable and consistently in-demand neighborhoods. Known for its tree-lined streets, vibrant dining scene, boutique retail, and immediate access to Prospect Park, the area continues to attract a strong and stable tenant base driven by lifestyle, convenience, and long-term neighborhood appeal.

This substantial 8-story elevator building, constructed in 1998, offers a modern layout rarely found in the surrounding prewar inventory. Spanning over 50,000 square feet, the property features 52 residential units with thoughtfully designed layouts, including a mix of spacious apartments—many with multiple bathrooms—catering to today’s renter expectations.

The building was previously under a tax abatement and regulatory agreement that expired in 2025. Units thereby become Free Market after Rent Stabilized tenants move out.

The building is further enhanced by 26 on-site parking spaces, a highly coveted amenity in Park Slope, along with additional conveniences such as an in-building laundry facility and well-maintained common areas. The scale and infrastructure of the asset provide operational ease, while the post-1990s construction offers a more efficient physical plant compared to older neighborhood stock.

Positioned between two of Brooklyn’s most active corridors, the property benefits from excellent accessibility, strong retail adjacency, and seamless connectivity to transportation. The neighborhood’s enduring appeal, combined with the building’s size, amenities, and layout, creates a compelling opportunity for investors seeking a stable, high-quality asset in a premier Brooklyn location.

This is a chance to control a significant footprint in a blue-chip submarket where opportunities of this scale and quality rarely come to market.