397 5th Avenue, New York City, NY 11215

• 8 beds |
• 5 baths |
• 3,828 sqft

Property Description

**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn** Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn's most desirable neighborhoods. Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years, In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Don’t miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.

Listing Status:

Active

Date Added:

July 24, 2026

Data Last Updated:

August 11, 2026 at 5:20AM

Listing Office:

Compass : (212) 913-9058

Listing Agent:

Louis M Esposito : (718) 781-8310

MLS ID:

RLS20078243

Interior

• General: Wet BarBuilt-in FeaturesChandelierHigh CeilingsRecessed LightingSound SystemBar
• Laundry: See Remarks
• Basement: Full
• Flooring: Hardwood
• A/C: Central AirWall Unit(s)
• Heating: CentralForced AirNatural GasWall Furnace
• Fireplace: Fireplaces: 0

Exterior

• General: Private EntrancePrivate Outdoor Space Under 60 Sqft

Construction

• General: 3

Location

• HOA Amenities: 0.0Monthly
• Originating MLS: RLS_REBNY
• County: Kings

Lot

• Zoning: 00994-0003

Financial

• Source: RLS_REBNY