Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $2,385,000

· Closed October 8, 2021

67 5th Avenue
Closed For Sale Condo

$2,385,000

67 5th Avenue

Park Slope, Brooklyn

MLS® #RLS10733502

RLS at REBNY

Listing by The Corcoran Group

Studio

Bedroom

0

Bath

N/A

Sq. Ft.

N/A

Year Built

Quick Summary

Bedrooms Studio
Bathrooms 0
Year Built N/A
Ownership Condo
Neighborhood Park Slope

Property Highlights

  • Location: Park Slope, Brooklyn
  • Property Type: Condo

Property Details

Type Condo
Ownership Condominium
Baths null Full
Pets Yes
Parcel # 00935-7502
Block/Lot null/null

Description

Unique opportunity! This mixed-use 3-unit building in Park Slope has already been converted to three separate condos. Featuring two residential apartments plus one ground floor retail, 67 5th Avenue is special as it provides enormous flexibility to use as a primary residence, investment, or both. All three units are condos and are being sold together as one package.

The two residential units are in excellent condition, spacious, and each come with their own private outdoor space, making these absolutely turnkey apartments. The top floor loft-like apartment is flooded with natural light and features hardwood floors, a kitchen off the living room with double-height ceilings, large master bedroom, and an upstairs den/2nd bedroom that leads to a large private deck. The second-floor residence is a large and stylish one-bedroom with a large private deck.

The street-level retail store is a fantastic neighborhood staple, Sip Fine Wine, whose recent designation as an essential business makes this shop an even stronger asset to the building.

The possibilities here are plentiful; you can use it as is - live in one apartment and collect rent from the other units. Combine apartments, expand, and create a magnificent home. Keep it all to yourself or collect income from all three units. You get the picture...endless possibilities with infinite potential.

As a pure investment, the building provides an excellent revenue stream as three separate rentals, yielding a 5.3% cap rate. With the potential for expansion (FAR As Built is 1.7, Allowable FAR is 3.0) and the benefit of each unit already being converted to condo, there is tremendous opportunity in this building.

Located on vibrant 5th Avenue in the very heart of Park Slope. Enjoy the convenience of having top-notch restaurants and boutique shopping right on your doorstep -- and the luxury of living a stone's throw from Brooklyn's finest cultural attractions: Prospect Park, BAM, Barclays Center, Brooklyn Botanic Garden, Brooklyn Museum and the Brooklyn Public Library.

Please reach out to the listing agent to schedule a private appointment.

Features & Amenities

Interior Features

Building Washer Dryer Install Allowed Common Area

Building Information

Total Units 3
Stories 4

Park Slope is a well-known Brooklyn neighborhood, recognized for its tree-lined streets and preserved brownstones. Bordering the western edge of Prospect Park, the neighborhood offers convenient access to green space. The real estate market features a mix of historic townhouses, cooperatives, and modern condominiums, within walking distance of the park.

Park Slope Live Market Data

View Neighborhood

Active Listings

93

Median Asking Price

$1.75M

Median $/Sqft

$1,440

Avg Days on Market

N/A

New This Week

12

Price Reduced

12%

Sold (30 Days)

21

Median Sale Price

$1.67M

Live data from RLS at REBNY • Updated 3/31/26, 4:45 AM EST

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Location

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67 5th Avenue, Park Slope, Kings County

MLS® ID: RLS10733502
First Listed: 7/23/2021
Price Changed: 10/11/2021
Closed: 10/8/2021
Contract Date: 9/29/2020

Listing Courtesy of The Corcoran Group - Craig Yoskowitz

Listing Contact: (917) 825-7787

Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.

Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.

Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.

RLS at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/31/2026 at 8:45 AM UTC

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