UPDATED:
Key Details
Property Type Multi Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Greenpoint
MLS Listing ID 1031822
Rental Info No
Year Built 1928
Annual Tax Amount $17,148
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Quadruplex
Source onekey2
Property Description
Exceptional opportunity to own a well-maintained 8-family rent-stabilized building in the heart of prime Greenpoint. This solid investment features eight railroad-style 2 bedroom apartments, all thoughtfully renovated while preserving their classic Brooklyn charm.
Property highlights include:
– 8 renovated rent-stabilized apartments
– Railroad-style 2-bedroom layouts
– Apartment 1R features a private backyard
– New plumbing throughout
– Updated electrical system
– Stainless steel appliances
– Beautiful hardwood floors
– High ceilings with abundant natural light
– Clean, well-maintained basement
– Pride of ownership throughout the building
– 8.4% current CAP Rate
Situated on one of Greenpoint's most desirable blocks, this property offers convenient access to Greenpoint Ave G train station, local buses, McCarren Park, local restaurants, cafés, and the neighborhood's vibrant shopping and nightlife. A turnkey investment in one of Brooklyn's strongest rental markets with long-term upside.
Building: 25 x 65 ft
Lot: 25 x 100 ft
Zoning: R6B
FAR: 2.60; Max FAR: 2
Taxes: $17,148/Yr
An outstanding addition to any investor's portfolio in one of New York City's most sought-after neighborhoods.
Location
State NY
County Kings (brooklyn)
Rooms
Basement Full
Interior
Interior Features Eat-in Kitchen, High Ceilings
Heating Steam
Cooling Wall/Window Unit(s)
Flooring Hardwood
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Garage false
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
Elementary Schools Ps 34 Oliver H Perry
Middle Schools John Ericsson Middle School 126
High Schools Brooklyn 14
School District Brooklyn 14
Others
Senior Community No
Special Listing Condition None
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Randy Reis
Team Leader | License ID: 40RE1176716
Team Leader License ID: 40RE1176716