SOLD FOR $2,765,000
· Sold at asking price · Closed August 28, 2018
$2,765,000
490A 7th Avenue
MLS® #RLS10055521
Listing by The Corcoran Group
9
Bedrooms
4
Baths
N/A
Sq. Ft.
1899
Year Built
Sale Details
Property Summary
Description
Vacant lower 2BR 2bath duplex, two upper 2BR 1bath floor-throughs with leases at $3375 and $3275 per month. Email us for full income and expense projections. Impeccably renovated Park Slope Three Family: two income-producing 2.5BR apartments over a duplex 2.5BR 2bath with yard and radiant floor heat on the lower level. All units have in-unit laundry, balconies, high-end finishes, split system heat and A-C. Stunning common roof deck, views of Manhattan and Statue of Liberty. Building was gutted and completely remodeled in 2012, all systems completely replaced. Move in or rent out these ready to go apartment immediately for a great return. With a projected rent roll of approx $134,000, projected NOI approx $125K, and projected cap rate approx 4.5% this property is perfect for investors from 1031 exchanges to a first time buyer looking for a finished, easy, ready-to-go investment. Building is 17.67x45.1ft on four floors - approx 3200sf gross, with approx 2400sf completely above grade and 800sf lower level on grade with the backyard and below grade at street.
Property Details
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Listing courtesy of Michael Hartman at The Corcoran Group. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.