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 feet-an ideal setting for grilling, gardening, or outdoor entertaining. A convenient half bath completes this level. 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.
Listed by Anthony Robles
·
Douglas Elliman Real Estate
·
(917) 617-9602
Listed by Aran P Scott
·
Douglas Elliman Real Estate
Last updated November 16, 2025
·
Source: REBNY #RLS20047909
Listing Facts
TypeSingle-family
NeighborhoodCentral Slope
Bedrooms3
Bathrooms3.5
Days on Prevu93
Taxes$9,972/year
Size2,851 sqft
Price per sqft$1,368
Amenities
Private Outdoor Space
Location
Mortgage Calculator
Listing History
09/11/2025
Listed by Douglas Elliman Real Estate
$3,900,000
Estimated Closing Costs
Total
$145,610
Attorney Fees
$4,000
NYC Mansion Tax
$58,500
Title Insurance
$17,550
Bank Attorney
$1,500
Mortgage Recording Tax
$60,060
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $3,900,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 323 5th Avenue
Association
Amenities
Pets Allowed: Building Yes, No
Exterior
Construction
Number Of Units Total: 2
Stories Total: 3
Structure Type: Mixed Use
Year Built: 1925
Entry Level: 1
Measurements
Building Area Total: 2,851
Building Area Units: SquareFeet
Lot Size Area: 1,263
Lot Size Dimensions: 58
Lot Size Units: SquareFeet
Financial
Taxes
Parcel Number: 00982-0008
Tax Annual Amount: $9,972.00
Interior
Features
Appliances: Washer Dryer Allowed
Interior Features: Smoke Free
Measurements
Living Area: 2,851
Living Area Units: SquareFeet
Rooms
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Half: 3
Bathrooms Total Integer: 3
Bedrooms Total: 3
Rooms Total: 8
Other
Location
City Region: Brooklyn
Subdivision Name: Park Slope
Tax Block: 00982
Tax Lot: 0008
Utilities
Equipment
Has Cooling: Yes
Laundry Features: Washer Hookup, In Unit
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 3 bedrooms and 3.5 bathrooms in this single-family home at 323 5th Avenue.
What are the annual taxes for 323 5th Avenue?
Annual taxes for this single-family home are estimated at $9,972.
How does 323 5th Avenue compare to other single-family homes in Central Slope?
This single-family home is listed 20% below the average price for single-family homes in Central Slope and has been on the market for 24 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,851 sqft.
323 5th Avenue is a 3-bedroom, 3.5-bath single-family home for sale in Brooklyn NY 11215. On Prevu for 93 days at $3,900,000. This home features 2,851 square feet of living space, located in Central Slope. The median listing price for single-family homes in this area is $2,250,000. Additional amenities include private outdoor space. View other single-family home listings in Brooklyn.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.