Open House
Sun May 17, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Greenpoint
MLS Listing ID RLS20090656
Bedrooms 8
Full Baths 5
HOA Y/N No
Year Built 1901
Annual Tax Amount $6,780
Property Sub-Type Multi Family
Property Description
FIRST SHOWING SUNDAY MAY 17TH 12:00-2PM BY APPOINTMENT ONLY!!!
192 Guernsey Street is a rare Greenpoint compound-style property offering multiple structures, strong income potential, and future development upside in one of Brooklyn's most sought-after and rapidly appreciating neighborhoods. Situated on a picturesque, tree-lined block in the heart of Greenpoint, the property presents a unique opportunity to own a classic four-unit asset featuring a three-story main building configured with three apartments-one spacious one-bedroom and two well-proportioned two-bedroom units-along with a separate detached structure containing a full three-bedroom apartment. Built in 1901 and spanning approximately 1,980 square feet, the property blends historic Brooklyn charm with flexible living configurations, multiple income streams, and significant long-term value-add potential.
What truly sets this property apart is its rare combination of existing cash flow and significant upside potential, with approximately 3,025 buildable square feet allowing for future expansion or redevelopment. Whether you're an investor seeking strong rental demand, an end-user looking to offset living expenses, or a developer aiming to maximize value in a prime location near Williamsburg and the East River, 192 Guernsey Street offers a compelling blend of stability, versatility, and long-term growth.
SHOWINGS BY APPT ONLY!!!
Location
State NY
County Kings
Rooms
Basement Other
Interior
Interior Features Smoke Free
Fireplace No
Laundry In Unit
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Pets Allowed Pets Allowed
Tax ID 02595-0010
Ownership None
Monthly Total Fees $565
Special Listing Condition Standard
Pets Allowed Building Yes, No
NEARBY SCHOOL & BUSINESS
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716