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388 Prospect Ave 5 Unit Apartment Building £2,393,696 (£478,739/Unit) Brooklyn, NY 11215
INVESTMENT HIGHLIGHTS
- Property taxes: $7,137 (Tax Class 2A) Building size: 25 feet by 60 feet Three stories plus a finished basement Equipped with fire escapes and sprinkle
EXECUTIVE SUMMARY
Schuckman Realty Inc. and Slope Realty is pleased to exclusively list 388 Prospect Ave, a semi-detached, vacant five-unit apartment building located between 6th and 7th Avenue in Park Slope. The property has been used as a shelter and operated by a nonprofit since 1984. It is in excellent condition, featuring a finished basement and a sprinkler system. located in the vibrant Park Slope neighborhood of Brooklyn. This area offers a mix of historic brownstones, modern residences, and a strong sense of community. The property benefits from proximity to Prospect Park, diverse dining options, and convenient access to public transportation, including the F, G, and R subway lines. The surrounding streets are lined with local cafes, boutiques, and essential amenities, making it a highly desirable location.
PROPERTY FACTS
| Price | £2,393,696 | Apartment Style | Low-Rise |
| Price Per Unit | £478,739 | Total Plot Size | 0.05 ac |
| Sale Type | Investment | Property Size | 4,308 sq ft |
| Sale Condition | High Vacancy Property | Average Occupancy | 0% |
| No. Units | 5 | No. Floors | 3 |
| Property Type | Build-to-Rent | Year Built/Renovated | 1931/1986 |
| Property Subtype | Apartment | ||
| Use Class | R5B - High Density Residential | ||
| Price | £2,393,696 |
| Price Per Unit | £478,739 |
| Sale Type | Investment |
| Sale Condition | High Vacancy Property |
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Total Plot Size | 0.05 ac |
| Property Size | 4,308 sq ft |
| Average Occupancy | 0% |
| No. Floors | 3 |
| Year Built/Renovated | 1931/1986 |
| Use Class | R5B - High Density Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Sprinkler System
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Public Transportation
- Walk-Up
- Smoke Detector
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Walk Score®
Excellent pedestrian access (96)
Transit Score®
Rider's Paradise (100)
Bike Score®
Good for cycling (86)
PROPERTY TAXES
| Parcel Number | 00869-0018 | Improvements Assessment | £575,946 |
| Land Assessment | £20,197 | Total Assessment | £596,143 |
PROPERTY TAXES
Parcel Number
00869-0018
Land Assessment
£20,197
Improvements Assessment
£575,946
Total Assessment
£596,143
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388 Prospect Ave
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