Description
323 5th Avenue - 21.5ft Wide Prime Park Slope Mixed-Use with Retail & Duplex Residence Currently Zoned to PS 321
An exceptional opportunity in the heart of Park Slope, 323 5th Avenue offers a mixed-use building that combines stable commercial tenancy with a spacious duplex residence, encompassing approximately 2,851 square feet including the basement.
Ground Floor & Lower Level
A preschool currently occupies t he street-level retail storefront provid ing excellent frontage and visibility along bustling Fifth Avenue, benefitting from consistent neighborhood activity. A finished slab basement adds flexible space for storage or back-of-house operations. Tenant is in place through 20 31.
Residential Duplex with Terrace currently zoned to PS 321
A newly renovated duplex apartment blends modern comfort with thoughtful design. Hardwood floors run throughout, complemented by double-pane insulated windows. The main level features expansive living and dining areas along with a modern, generously sized kitchen outfitted with updated appliances and ample counter space. The kitchen flows directly to a private terrace of approximately 400 square
Upstairs, the primary suite includes a generous walk-in closet and a modern, upgraded en-suite bathroom. Two additional bedrooms share a second full bathroom, also updated with contemporary finishes.
Building Upgrades
The property was recently improved with new mechanicals, including two boilers and HVAC systems, providing efficiency and peace of mind for both residential and commercial use.
Income / Expense set up available upon request
Perfectly positioned near Prospect Park and surrounded by Park Slope's acclaimed restaurants, cafés, and shops, 323 5th Avenue combines commercial stability with desirable residential living in one of Brooklyn's most sought-after neighborhoods. The building also carries approximately 935 square feet of unused FAR; buyers are encouraged to consult with an architect or other professional regarding potential options.
Listing courtesy of Douglas Elliman Real Estate ...
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Property Details
- Other
Amenities
- Cooling: Other
- Pets: Building Yes, No
- Private Outdoor Space Over60 Sqft
- Smoke Free
- View: Other
- Washer Dryer Allowed
The Neighborhood
Park Slope, with its tree-lined streets and immaculate brownstones, has a small-town feel and social cohesion that’s unusual in the city.
It’s a place where activities for children are unending, shopkeepers know their customers and people stop in the street to chat. Even as the park-side homes are buffed to a high polish, the area still offers a variety of experience: There are scores of restaurants and bars; a diverse retail sector; multiple Farmer’s Markets, including Grand Army Plaza’s; and Prospect Park with its fantastic bandshell, baseball fields, zoo, botanic ... read more
