123 8th Avenue, Brooklyn, New York, 11215

Positioned on a prime Park Slope block, 123 8th Avenue is a well-maintained, income-producing multifamily property offering scale, unit diversity, and strong long-term upside.

The building consists of nine residential units across multiple floors, providing a balanced mix that appeals to a broad tenant base:

Five one-bedroom apartments (GF, 1F, 1R, 3F, 4F)

Two two-bedroom apartments (GR, 2F)

Two studio apartments (3R, 4R)

Ownership has assembled comprehensive documentation for buyer review, including DHCR records, detailed profit & loss statements, and construction cost history, allowing investors to underwrite with confidence.

Operating expenses include:

Annual real estate taxes: $65,412

Annual water & sewer: $11,993

Annual insurance: $7,163

Utilities (gas & electric): approximately $700–$850 per month

With its unit mix, transparent financials, and desirable Park Slope location near Prospect Park, transit, and neighborhood amenities, this property presents a compelling opportunity for investors seeking stable cash flow with future growth potential.

Showings are accommodated with 48 hours’ notice.