Investment Property Realty Group (IPRG) is pleased to present 704 8th Avenue, a 13,531 SF, 15-unit mixed-use property located at the corner of 8th Avenue and 7th Street in Park Slope, Brooklyn. The building measures approximately 38 ft. x 93 ft. across four stories. The property includes 13 residential units (9 free market and 4 rent stabilized) and 2 medical retail tenants (Podiatrist and Orthopedics) located directly across the street from New York-Presbyterian Brooklyn Methodist Hospital. Major renovations have been completed, including: • Full gut renovations on multiple residential units with new leveled flooring, panel-ready kitchens with stainless steel appliances, new bathroom tiling and fixtures, split-system HVAC, recessed lighting, and new doors/hardware. • Building-wide electrical upgrade. • Common area improvements (tiling, flooring, lighting, painting, and landing designs). Current gross income is approximately $958K, with pro forma gross income of $977K. At the $10.5M asking price, the property offers a 6.35% pro forma cap rate.