323 5th Ave
Brooklyn, NY 11215
Park Slope- 3 Beds
- 2.5 Baths
- 2,851 sqft
3 Beds
2.5 Baths
2,851 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1925
Living Area
2,851 sqft
Price/Sqft
$1,228/sqft
About this House
This income producing property features an impeccably maintained three bedroom, two and a half bath duplex with large outdoor terrace and new mechanicals over a street level commercial space. The building is perfect for an investor or owner seeking substantial income. An owner/user would receive in excess of $105,000 in annual rent from the downstairs commercial space and an investor would see net income greater than $150,000 and a CAP rate of 5.6%. This is an opportunity that you can't pass up.
5th Avenue in Park Slope is Brooklyn's premier entertainment, restaurant & shopping destination and 323 5th Avenue is in the middle of it all. The property is directly across the street from the historic Old Stone House with a children's playground and splash park, weekend concerts, famer's market, softball and soccer fields, basketball courts, handball courts and the neighborhood's only dog run. Blocks from Prospect Park and neighborhood schools, Park Slope is truly Brooklyns gold coast.
Located near the R, F, G, 2 and 3 subway lines, commuting to Manhattan is a half hour away.
Email or call for the complete offering memorandum detailing income and expenses and to arrange a private showing.
5th Avenue in Park Slope is Brooklyn's premier entertainment, restaurant & shopping destination and 323 5th Avenue is in the middle of it all. The property is directly across the street from the historic Old Stone House with a children's playground and splash park, weekend concerts, famer's market, softball and soccer fields, basketball courts, handball courts and the neighborhood's only dog run. Blocks from Prospect Park and neighborhood schools, Park Slope is truly Brooklyns gold coast.
Located near the R, F, G, 2 and 3 subway lines, commuting to Manhattan is a half hour away.
Email or call for the complete offering memorandum detailing income and expenses and to arrange a private showing.
323 5th Ave, Brooklyn, NY 11215 is a 3 bedroom, 3 bathroom, 2,851 sqft multi-family in Park Slope, built in 1925. It last sold for $3,500,000 on May 7, 2026. It is currently off market. The Trulia Estimate is $3,502,900, with a rent estimate of $5,524/month.
Home Details for 323 5th Ave
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Levels, Entrance, & Accessibility Stories: 3 |
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Year Built Year Built: 1925Year Updated: 1925 |
Property Type / Style Property Type: Multi Family |
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Price Price Per Sqft: $1,228/sqft |
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Units in Building: 2 |
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Lot Area: 1263 sqft |
Price History for 323 5th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/07/2026 | $3,500,000 | Sold | N/A |
| 03/06/2026 | $3,900,000 | Contingent | StreetEasy #S1789440 |
| 09/11/2025 | $3,900,000 | Listed For Sale | StreetEasy #S1789440 |
| 07/03/2025 | $2,700,000 | ListingRemoved | StreetEasy #S1654539 |
| 08/16/2024 | $2,600,000 | Sold | N/A |
| 03/09/2000 | $265,000 | Sold | N/A |
Market trends in Park Slope
Last updated June 2026
Avg. sale price
$1.43M
$63.33KMoM
Sale-to-List Price
—
Price per sq ft
—
Available listings
146
5MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $9,850 |
| Assessment | $3,487,000 |
Home facts updated by county records
Comparable Sales for 323 5th Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $3,685,000 | 08/20/25 | 3 | 3 | 2,307 | |
0.26 | Multi-Family Home | $3,956,600 | 05/27/26 | 5 | 3.5 | 2,322 | |
0.28 | Multi-Family Home | $4,340,000 | 09/19/25 | 5 | 3 | 2,400 | |
0.12 | Multi-Family Home | $3,000,000 | 07/29/25 | 6 | 4.5 | 3,780 | |
0.43 | Multi-Family Home | $5,500,000 | 08/21/25 | 3 | 3 | 2,430 | |
0.64 | Multi-Family Home | $2,900,000 | 09/19/25 | 3 | 2.5 | 2,544 | |
0.55 | Multi-Family Home | $3,200,000 | 09/08/25 | 3 | 2 | 1,756 | |
0.42 | Multi-Family Home | $3,995,000 | 08/13/25 | 4 | 3.5 | 2,700 | |
0.62 | Multi-Family Home | $3,100,000 | 07/15/26 | 3 | 2 | 2,796 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 323 5th Ave.
What Locals Say about Park Slope
At least 546 Trulia users voted on each feature.
95 % Say it's walkable to grocery stores
95 % Say there are sidewalks
94 % Say it's dog friendly
92 % Say it's walkable to restaurants
86 % Say streets are well-lit
85 % Say people would walk alone at night
81 % Say kids play outside
65 % Say they plan to stay for at least 5 years
64 % Say there are community events
63 % Say there's holiday spirit
63 % Say neighbors are friendly
43 % Say yards are well-kept
39 % Say it's quiet
36 % Say there's wildlife
26 % Say parking is easy
17 % Say car is needed
Sourced by Trulia users. Learn more about our methodology.
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