1519 10Th Ave Brooklyn, NY 11215

This exceptional mixed-use property at 1519 10th Avenue in Brooklyn's Park Slope South neighborhood presents a compelling value-add investment opportunity. The 9,296 square foot building, situated on a 2,741 square foot lot, boasts six apartments and four retail units, offering significant potential for increased revenue. Five of the apartments are free-market units, while one remains rent-stabilized. Each residential unit is approximately 1,000 square feet, currently configured as a mix of two and three-bedroom layouts, all with the potential for conversion to three-bedroom units. The building's prime location offers unparalleled convenience, just one block from the entrance to Prospect Park, Brooklyn's second largest park, and one block from the F & G subway stop at 15th Street-Prospect Park. The asking price is $4,950,000, translating to $532 per square foot and $495,000 per unit. The property is zoned R5B, providing flexibility for future development and renovations. This is a rare chance to acquire a well-located, mixed-use asset in a thriving Brooklyn neighborhood with significant upside potential. The building's strong foundation and desirable location make it an ideal investment for both seasoned and emerging real estate investors seeking a high-return opportunity in a rapidly appreciating market.