575 4th Avenue, NY

Park Slope Commercial Condominium Units for Investor or User

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Overview

Key Highlights

  • Price $3,250,000
  • Units 2
  • Gross SF 4,146
  • Luxury Mixed-Use Building New Construction

Investment Highlights

• 2 commercial condominium units are located on the ground floor of a newly constructed 70-unit luxury residential building

• Over 105’ of wraparound frontage on the corner of 4th and Prospect Avenues in Park Slope

• The corner unit A totals approximately 2,370 SF and is currently vacant

• Unit B totals 1,776 SF and is occupied by Studio Pilates through September 2029. They have one 5-year extension.
• Steps from the Prospect Ave D, N, R, W subway station, which provides access to Manhattan in under 25 minutes

• Directly next to the Prospect Expressway, providing access to Manhattan via the Hugh L. Carey Tunnel or Brooklyn Bridge

• Proximity to Prospect Park, high-quality schools, dining and shopping options make Park Slope one of NYC’s most desirable residential enclaves. It is in need of more retail to satisfy demand.

Location

Our Team

Sean Kelly

Sean Kelly

Partner
Ariel Property Advisors
212.544.9500 Ext. 59
Stephen Vorvolakos

Stephen Vorvolakos

Ariel Property Advisors
212.544.9500 Ext. 25
Nicole Daniggelis

Nicole Daniggelis

Ariel Property Advisors
212.544.9500 Ext. 58

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