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566 7th Street, 
Brooklyn, NY 11215

$7,499,000

—

Bed

16

Baths

-

Sq Ft

Multi-Family

Active

Listed by

Vincent E. Salino

Wolf Properties Inc

718-382-9653

Last updated:

April 15, 2026, 11:12 AM

MLS#

499623

Source:

BROOKLYN

About This Home

566 7th Street

Prime Park Slope Investment Opportunity Rare opportunity to acquire a beautiful limestone prewar building in the heart of Park Slope, ideally located between Prospect Park and New York-Presbyterian Brooklyn Methodist Hospital. The property features 15 residential units, consisting of 11 free-market apartments and 4 rent-stabilized units, providing strong in-place income with long-term upside. All apartments feature updated kitchens with stone countertops and renovated bathrooms, and the building has been well maintained with tenants in good standing. Apartments are currently 10–15% below market rents, offering clear upside for investors. Key Highlights: • 15-unit limestone prewar building • 11 free market / 4 rent stabilized units • Updated kitchens with stone counters & renovated baths • Ultra-prime Park Slope location • Apartments ~10–15% below market • 6.9% cap rate • Assumable $6.4M interest-only loan at 5.6% with 1 year remaining A rare chance to acquire a well-maintained asset in one of Brooklyn’s most sought-after neighborhoods.

Home Facts

Multi-Family

16 Baths

Price Summary

7,499,000

MLS #:

499623

Last Updated:

April 15, 2026, 11:12 AM

Added:

a month ago

Rooms & Interior

Bathrooms

Total Bathrooms:

16

Full Bathrooms:

16

Lot

Lot Size (Sq. Ft):

4,000

Finances & Disclosures

Finances

Price:

$7,499,000

Source:BROOKLYN
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.