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488 7th Avenue
South Slope, New York
$2,850,000 Price
6 Bedrooms   4.0 Baths
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488 7th Avenue, South Slope, New York

First showing 12:30pm Sunday Welcome to, 488 7th Avenue, a brick Multi-Family Townhouse in Park Slope, Brooklyn. Built in 1920, offering a perfect blend of historic charm and modern updates, this income-generating four-story property sits on a 1,767 sqft lot. This turn-key property...

First showing 12:30pm Sunday Welcome to, 488 7th Avenue, a brick Multi-Family Townhouse in Park Slope, Brooklyn. Built in 1920, offering a perfect blend of historic charm and modern updates, this income-generating four-story property sits on a 1,767 sqft lot. This turn-key property spans 2,772 sqft, over four floors, 14 rooms and 4 full baths, offering flexible layouts with a variety of possible configurations including combining the units to create one majestic single-family home. This highly sought after South Slope location is nestled in-between Park Slope, Windsor Terrace and Greenwood Heights, just blocks from Brooklyn's famous Prospect Park. Prospect Park similar to Central Park, with scenic trails, a lake and a zoo, is a 526-acre oasis for running, cycling, horseback riding, boating, fishing, soccer, baseball, basketball, tennis, ice skating, roller skating, children's playgrounds, and kids' sports activities plus ample picnic/BBQ area,. With abundant year-round activities, from sports to outdoor recreation, properties bordering the park are continuously in demand. The protected rental income is upwards of $14K. You're also minutes to Green Wood, also a National Historic Landmark, a 478-acre green space hosting 7,000 trees. Other than greenery and tree-lined streets, Park Slope is know for it's vibrant mix of boutique local businesses, the Park Slope Food Coop, great coffee shop's and it's plethora of Michelin-quality restaurants. Too many to mention here, our favourites include: Little Honey, Winner Cafe, LORE, Fonda, Couleur Cafe, Al Di L , Faust and Pasta Louise. The building is conveniently located, you have two local trains: F to Manhattan and the G for other Brooklyn hotspots plus seamless connectivity via the BQE and CitiBike. The property features preserved New-Grec marble fireplaces, and tin ceilings with substantial updates including: HVAC AC units installed throughout, in-unit washer/dryer added to both units, new dishwasher, new flooring, update electrical and plumbing, basement build-out, updated roof and the addition of two new Hot Water Heaters. There's a lot to take in, let's recap: 2,772 sqft, two separate units, one with a private back yard, comprising 14 Rooms total (#1 is 5 rooms, and #2 is 9 rooms) and 4 Full Baths (2 for each unit) your opportunity awaits! Contact us today to find out more or take a closer look.

Courtesy of Serhant

Floorplan for 488 7th Avenue

Floorplan for 488 7th Avenue

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* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

South Slope, New York
Type:
Price: $2,850,000
Last Updated: 4/16/2025
Web ID: 1108973702

Info & Amenities

Rooms: 14.0
Bedrooms: 6
Bathrooms: 4.0
Woodburning fireplaces: 1
Built: 1920
Pets allowed: Yes

Get to Know South Slope

South Slope, also known as South Park Slope, is a charming and residential neighborhood in Brooklyn, New York.

More About South Slope

Neighborhood Guide to South Slope

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-212-712-1163 for assistance. All phone charges will be reimbursed by Brown Harris Stevens. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. 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. 2025 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.