480 5th Avenue

Written By Humberto Lopes

Mixed-Use Building for Sale | Prime Park Slope, Brooklyn

Introducing a rare opportunity to acquire a stabilized, income-producing mixed-use building in the heart of Park Slope — one of Brooklyn’s most sought-after residential and commercial neighborhoods.

Located at 320 11th Street, this 4-story brick building offers a total of seven units, including one ground-floor commercial space and six residential apartments above. The property is well-maintained, fully leased, and generates consistent cash flow, making it an excellent turnkey investment for seasoned investors or 1031 exchange buyers seeking long-term upside.

Property Highlights:

  • Lot Area 1,400 SF 

  • Gross Floor Area 4,300 SF

  • Seven total units – (1) commercial + (6) residential

  • Full basement with cement flooring and separate meters

  • 9–10 ft ceilings throughout the building

  • Brick façade and upgraded windows

  • Fully stabilized and income-generating

  • Clean mechanicals and efficient layout

Location Advantage:

Situated on 11th Street between 4th and 5th Avenues, the property benefits from excellent transit access and proximity to major Brooklyn landmarks. Just minutes from Prospect Park, Barclays Center, the Gowanus waterfront, and a mix of thriving local retail, dining, and cultural destinations. Walking distance to the F, G, and R subway lines.

Ideal For:

  • Multifamily investors seeking a stable, cash-flowing asset

  • 1031 exchange buyers looking for a high-demand location

  • Portfolio expansion in one of Brooklyn’s top-performing submarkets

  • Long-term hold investors focused on appreciation and steady income

Offering Summary:

  • Address: 320 11th Street, Brooklyn, NY 11215 / 480 5th Avenue, Brooklyn, NY 11215

  • Total SF: 4,300 SF

  • Units: 7 (1 commercial + 6 residential)

  • Zoning: R6B

  • Asking Price: Inquire

  • Tenancy: Fully leased

  • Basement: Cement floor, meters, boiler, mechanicals

Property Details

  • Property Type: Residential

  • Address: 320 11th Street

  • City: Brooklyn

  • State: NY

  • Zip: 11215

  • Beds: n/a

  • Baths: n/a

  • Square Feet: n/a

  • Garage: n/a

  • Year Built: n/a

  • Status: Active

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Humberto Lopes
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