Listing Courtesy of: Chris Caggiano - EXP Realty
888-276-0630
$2,400,000
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232 Kingsland Ave Brooklyn, NY 11222
Income
Residence
12
Beds
6
Baths
4,875
Sq. Ft.
0.06
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Discover the incredible investment potential of 232 Kingsland Avenue, a 6-family property located in the vibrant and highly sought-after Greenpoint neighborhood of Brooklyn. This property offers an exceptional opportunity for investors and end-users alike, with two units (1L and 1R) delivered vacant... at closing and the remaining units tenant-occupied, providing immediate cash flow. With two rent-stabilized units and significant upside for market-rate rentals, this property has the potential to achieve rents exceeding 3,000 per month after renovations. Property features separate electrical meters for all units, allowing for individual billing Perfect for a 1031 exchange investor or those looking to build their portfolio, this property combines immediate income with long-term appreciation. Ideally situated near the G train (Nassau Avenue) and L train (Graham Avenue), the property offers seamless access to Manhattan and other parts of Brooklyn, making it a prime location for renters. Surrounded by parks, trendy restaurants, and boutique shops, this property appeals to a wide variety of tenants seeking both convenience and lifestyle. With its balanced mix of stability and future income growth, 232 Kingsland Avenue is perfect for investors looking to add value in one of Brooklyn's most dynamic neighborhoods. Don't miss your chance to own this versatile property with tremendous upside potential. Schedule your private tour today!
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MLS#
2406479
Property Type
Income
Bedrooms
12
Bathrooms
6 Full
Year Built
1931
Square Feet
4,875
sq. ft
Price per Sq. Ft.
$492.31
Lot Size
0.06
Sewer
City Sewer
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