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**Prime Park Slope Investment Opportunity: 397 5th Avenue, Brooklyn**
Discover a meticulously maintained, three-story mixed-use building in the bustling retail corridor of 5th Avenue in Park Slope, Brooklyn. This property represents a rare investment opportunity in one of Brooklyn’s most desirable neighborhoods.
Situated on a high foot traffic section of 5th Avenue, the building enjoys maximum visibility and accessibility. It is currently fully occupied, featuring a diverse tenant mix. The residential component includes four well-appointed 2-bedroom apartments, each with desirable front and back layouts. The retail space is currently leased for the next 10 years,
In excellent, turnkey condition, the building requires no immediate renovations or repairs, allowing for a seamless transition and continued revenue generation. This exceptional property combines a prime location, stable income, and well-maintained infrastructure, making it a valuable addition to any real estate portfolio. Dont miss this opportunity to invest in a thriving area with a solid track record of demand and profitability.
| Service Level | N/A |
| Building Type | Townhouse |
| Building Pets Policy | Unknown |
| Building Profile | View Building Page |
| More on StreetEasy | View Building |
| Listed | March 19, 2026 |
| Days on Market | 187 |
| Last Updated | July 24, 2026 |
Full public sale/price history isn't available through our listing feed for this property. See this listing on StreetEasy for recorded sale history where available.
Drag the sliders above to model your own purchase price, term, down payment, and rate — the numbers update live. For a precise breakdown, use our NYC Buyer Closing Cost Calculator and Commission Rebate Calculator.
397 Fifth Avenue – For Sale
397 Fifth Avenue – For Sale
Due to recent rule changes, buyer agent commissions are no longer advertised on the MLS. NestApple estimates your rebate as up to 2% of the purchase price, based on our standard commission-sharing arrangement. Prior to any showing, we will confirm the exact commission and rebate amount with the listing agent and with you in writing. Commissions are not set by law and are fully negotiable. Listing information for this property is sourced via the REBNY RLS, which does not fix, control, recommend, suggest or maintain any commission rates and/or fees for services, and is not the source of any commission information.
Closed-sale data isn't available through our current listing feed for this neighborhood. Check StreetEasy for recent comparable sales.
