Newmark has been retained on an exclusive basis to arrange for the sale of 363 6th Avenue, Brooklyn, NY (the “Property” or “Offering”). The approximately 5,840 SF mixed-use Property occupies the corner of 6th Avenue and 5th Street in the Park Slope neighborhood of Brooklyn, with wraparound frontage of 20’ on 6th Avenue and 88’ on 5th Street.
The Property is comprised of one ground-floor retail unit, three fair market apartments, and three parking spaces. The retail unit totals approximately 1,240 SF on the ground floor and 1,000 SF of basement space, benefiting from prominent corner exposure along the 6th Avenue retail corridor. The apartments are full-floor three-bedroom, two-bathroom residences of approximately 1,200 SF each, all newly renovated and equipped with in-unit washer and dryers, central air conditioning, dishwashers, and hardwood floors. The Offering is being delivered in lease-up, presenting a new owner with the rare opportunity to establish the rent roll at market and capture the full benefit of the recent capital expenditures.
363 6th Avenue is ideally located in the family-friendly neighborhood of Park Slope, Brooklyn, offering an array of amenities. The Property is just three blocks west of beautiful Prospect Park and positioned among the neighborhood’s most sought-after public and private schools, including PS 321, as well as renowned restaurants, trendy boutiques, and daily-needs retail. The Property is a short walk to the 7th Avenue and 4th Avenue-9th Street stations servicing the F, G and R subway lines for convenient access to all of NYC.
All inquiries should be directed to Newmark.