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571 8th StreetBrooklyn, NY 11215

For Sale

$3,100,000

Smart Buyer Rebate $38,750

Rare Generational Opportunity – First Time Offered in Over 50 Years

Offered for the first time in more than half a century, this well-maintained six-family building is situated on a quiet park block in an unbeatable location, representing a rare opportunity to acquire a long-term, legacy asset in one of the area’s most desirable residential settings.

The property offers the potential for the top three floors to be delivered vacant, providing immediate flexibility for repositioning, rental upside, or long-term family ownership. With thoughtful execution, the building can be built into an approximate 6.5% cap, making it a compelling value-add opportunity supported by strong fundamentals.

The building is filled with natural light, has been carefully maintained by the same ownership for decades, and presents a clean, straightforward canvas for the next owner. This is an ideal asset for a buyer seeking a generational investment combining stability, upside, and an irreplaceable location.

Offering Memorandum available upon request.

Listed by Ian Mednick

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Compass

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(203) 858-5789

Listed by Paul J Hyun

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Compass

Last updated January 22, 2026

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Source: REBNY #RLS20067198

Listing Facts

  • TypeMulti-family
  • NeighborhoodCentral Slope
  • Bedrooms12
  • Bathrooms6
  • Days on Prevu15
  • Taxes$30,180/year
  • Size6,196 sqft
  • Price per sqft$500

Location

Mortgage Calculator

Listing History

01/15/2026
Status changed to Active
$3,100,000
01/15/2026
Listed by Compass
$3,100,000

Estimated Closing Costs

Total
$117,690
Attorney Fees
$4,000
NYC Mansion Tax
$46,500
Title Insurance
$13,950
Bank Attorney
$1,500
Mortgage Recording Tax
$47,740
Other Closing Costs
$4,000

Estimated closing costs are based on the list price of $3,100,000 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 571 8th Street

Association

Amenities

  • Pets Allowed: Building No, No

Exterior

Construction

  • Number Of Units Total: 6
  • Stories Total: 4
  • Structure Type: Multi Family
  • Year Built: 1920
  • Entry Level: 1

Measurements

  • Building Area Total: 6,196
  • Building Area Units: SquareFeet
  • Lot Size Dimensions: 22
  • Lot Size Units: SquareFeet

Financial

Taxes

  • Parcel Number: 01089-0045
  • Tax Annual Amount: $30,180.00

Interior

Features

  • Interior Features: High Ceilings

Measurements

  • Living Area: 6,196
  • Living Area Units: SquareFeet

Rooms

  • Basement: Full
  • Has Basement: Yes
  • Bathrooms Full: 6
  • Bathrooms Total Integer: 6
  • Bedrooms Total: 12
  • Rooms Total: 21

Other

Location

  • City Region: Brooklyn
  • Subdivision Name: Park Slope
  • Tax Block: 01089
  • Tax Lot: 0045

Utilities

Equipment

  • Laundry Features: See Remarks

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 12 bedrooms and 6 bathrooms in this multi-family home at 571 8th Street.

What are the annual taxes for 571 8th Street?

Annual taxes for this multi-family home are estimated at $30,180.

How does 571 8th Street compare to other multi-family homes in Central Slope?

This multi-family home is listed 13% below the average price for multi-family homes in Central Slope and has been on the market for 102 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 6,196 sqft.

571 8th Street is a 12-bedroom, 6-bath multi-family home for sale in Brooklyn NY 11215. On Prevu for 15 days at $3,100,000. This home features 6,196 square feet of living space, located in Central Slope. The median listing price for multi-family homes in this area is $2,250,000. Explore more multi-family home listings in Brooklyn.

Based on information from Real Estate Board of New York and/or other sources. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.

Full MLS Disclaimers

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.