331 3rd Street

For Sale: 8-Unit Walk-Up Cooperative Property

331 3rd Street, Brooklyn, NY 11215
Asking Price Submit Offers
Type Co-Op
Neighborhood Park Slope
Properties 1
Lot Size 2,533 SF
Zoning Code R6b
Size 8,533 SF
Stories 4 Stories
Units 8 Units
Air Rights Overbuilt

Investment Highlights:

Team Hess of Meridian Investment Sales is pleased to present the Exclusive Offering for 331 3rd Street, a walk-up cooperative apartment building with a total of 8 units in prime Park Slope – just a short walk away from the F & G train at the 4th Avenue subway station and D, N, R & W trains at the Union Street subway station. The property is situated on 3rd Street between 4th Avenue and 5th Avenue in Park Slope, one of the most desirable neighborhoods in not only Brooklyn, but in all of New York City.

This a rare opportunity for an investor to buy a property from long-term ownership. The offering presents a significant amount of upside in the rental income as 7 of the 8 apartments are free market with significantly below market rents. All 8 units are three-bedroom apartments.

Location:

Located Between 4th and 5th Avenues

Property Listing Contact:

Adam Hess // Senior Managing Director // 800 3rd Ave., New York, NY // 718.534.6201 // ahess@meridiancapital.com

Edward Setton // Managing Director // 800 3rd Ave., New York, NY // 718.534.9202 // esetton@meridiancapital.com

Lane Matalon // Associate // 800 3rd Ave., New York, NY // 718.534.9204 // lmatalon@meridiancapital.com