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387 7th Ave
Brooklyn, NY 11215
MIXED-USE RETAIL/RESIDENTIAL PROPERTY · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Prime Location: Situated in the highly desirable Park Slope commercial corridor on 7th Avenue, with high foot and vehicular traffic.
  • Ground-Level Retail Space: High-visibility storefront with storage, bathroom, and backyard access, ideal for a variety of businesses.
  • Development Potential: R6A and C2-4 zoning allows for redevelopment or expansion, catering to growing demand for commercial and residential space.
  • Value-Add Opportunity: Entire building can be delivered vacant, offering flexibility for repositioning, renovation, or re-tenanting both retail and re
  • Steady Rental Income: Two one-bedroom apartments above the retail space providing consistent rental income, with potential for increased returns
  • Public Transit Accessibility: Convenient access to public transportation, enhancing appeal for tenants and customers alike.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built
1885
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.91
Lot Size
0.03 AC
Zoning
R6A, C2-4 - R6A is a medium-density residential zone with up to 3.0 FAR, while C2-4 allows neighborhood-serving commercial uses on the ground floor with 2.0 FAR.
Frontage
20’ on 7th Ave

AMENITIES

  • Signage
  • Storage Space
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
01096-0002
Land Assessment
$24,600
Improvements Assessment
$251,520
Total Assessment
$276,120
  • Listing ID: 34695835

  • Date on Market: 2/2/2025

  • Last Updated:

  • Address: 387 7th Ave, Brooklyn, NY 11215

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