Unlock the Investment Potential of 232 Kingsland Avenue Nestled in the vibrant Greenpoint neighborhood of Brooklyn, this 6-family property presents an exceptional opportunity for investors and end-users alike. With a perfect balance of immediate cash flow and future income growth, this property is a gem waiting to be claimed. Key Features: Vacancy Opportunity: Two owner-occupied units (1L & 1R) will be delivered vacant, offering the potential to generate 3,000+/month each post-renovation, with higher rents possible depending on finishes. Current Rent Roll: Unit 1L: Owner-occupied (3,000 potential rent) Unit 1R: Owner-occupied (3,000 potential rent) Unit 2L (Rent-Stabilized): 2,196.15/month (Lease in place) Unit 2R (Market-Rate): 2,250/month (Month-to-month) Unit 3L (Rent-Stabilized): 2,020.48/month (Lease in place) Unit 3R (Market-Rate): 2,250/month (Month-to-month) Separate Electrical and Gas Meters: Each unit has its own meter for simplified utility billing. Financial Highlights: Total Annual Operating Expenses: 17,575 Current NOI: 85,025 Post-Renovation NOI: 156,785 Cap Rate: 6.53 (projected) Operating Expenses Breakdown: Water: 3,000 Insurance: 6,315 Taxes: 6,750 Prime Location: Situated near the G train (Nassau Ave) and L train (Graham Ave), this property offers seamless access to Manhattan and other parts of Brooklyn. Surrounded by parks, trendy restaurants, and boutique shops, it's a highly desirable location for tenants seeking convenience and lifestyle. Why Invest? Perfect for 1031 exchanges or portfolio expansion, this property blends stability and growth. Rent-stabilized units ensure steady income, while market-rate units offer flexibility. Greenpoint's dynamic neighborhood enhances appreciation potential. Contact: Reach out to the listing agent for further details. Note: All information is deemed reliable but not guaranteed. Verify independently.
Welcome to 143 Kingsland Ave, a unique investment opportunity in the heart of Greenpoint! Currently configured as a charming two-family residence, this property offers incredible potential with approved plans poised for conversion into a lucrative six-family dwelling. Property Highlights: Current Configuration: The building features two well-appointed units, each with distinct living spaces that are perfect for dual-income living or maintaining long-term renters. Approved Plans: Take advantage of the already approved plans for transformation into a six-family residence. This is your chance to capitalize on the thriving rental market in Greenpoint, known for its vibrant community, chic amenities, and proximity to public transportation. Location: Situated in a prime Greenpoint location, 143 Kingsland Ave offers easy access to local cafes, restaurants, parks, and entertainment options. Commuters will appreciate the quick access to the L train, connecting residents to Manhattan and beyond. Investment Potential: With the growing demand for housing in this area, converting this property into a six-family dwelling presents a significant opportunity for cash flow and long-term appreciation in a rapidly developing neighborhood. Additional Features: The property boasts a spacious backyard, ideal for outdoor gatherings or green space, as well as ample street parking, offering convenience for residents and guests alike. This property is a rare find in a hot market, and whether you're looking to maintain its current use as a two-family home or pursue the approved plans for expansion, 143 Kingsland Ave is poised to be a sound investment for the savvy buyer. Don't miss out on this exceptional opportunity-schedule your private showing today!
Four Family for sale with one retail space call for more info
Brick 6 Family property In A Prime Greenpoint Location. Rare Opportunity For An Investor/Developer. Close to Buses Shopping & Dining On Manhattan Avenue & Short Distance to The G Train at Nassau Ave station. Can be delivered VACANT. Do not miss this great Opportunity !
Two family located in desired area of Williamsburg features 2bed/1bath over 3bed/1bath. Basement has two rooms, one full bath with ESO. Front yard has huge parking lot can park 4 trucks. The entire building has 6bedroom,3bathroom. The property is good for investment or self-living. The building will be delivered vacant. Location closed to subway and highway. This 2family can also sell with next door warehouse as package deal. the total combined lot size will be 75x103. Good opportunity for self use or investment., Additional information: Interior Features:Lr/Dr
**BRING YOUR BUYERS! ** 8 FAMILY AVAILABLE ON FRANKLIN STREET IN THE HISTORIC DISTRICT! EXCELLENT RENT ROLL $173,230 GROSS ANNUAL! Only a 5-Minute Walk to the water! * Boasting a Spacious layout of 25ftx44ft and 8 One Bedroom Units, complete with a Full Basement. Situated within the Greenpoint Historical District, 124 Franklin Street sits at its heart. 4 Stories with 2 Apartments on Each Floor. Only a 5-Minute Walk to the Greenpoint Ave G-Line Subway, offering EASY Commutability. But it's not just about getting around-this neighborhood is surrounded by restaurants, bars, and any of life's essentials just around the corner. - This is an Excellent Rent Roll Opportunity to own a property with respectful renters that pay on time. - This is an 8 Unit Building -This is a Rent Stabilized Building - LOCATION, LOCATION, LOCATION! Other Important Details: Built in 1930/ Landmarked / Building is R6-B Zoning / Building Size: 25X44 / Lot Size: 25X70 / Taxes: $14,362.97. Annually 8 Beds/ 8 Baths 1,100 sqft per floor. Total Building is about 5,500 sqft (including basement)! BRING YOUR BUYERS! Buyers must perform own due diligence. All info deemed accurate but not reliable.
New Construction 6 Family Luxury Free Market Building! Discover a new level of urban living at 138 Huron Street, where sophistication and luxury converge. This exceptional newly constructed building not only boasts a diverse mix of apartments but also offers a range of unique features and amenities that redefine modern city living. FANTASTIC Location! 2 blocks to the waterfront and ferry; 4 blocks to the G train at Greenpoint Ave. Unit Highlights: Some units feature soaring 14-foot ceilings, creating a spacious and airy ambiance that's truly unmatched in city living. Every apartment at 138 Huron Street is designed with your comfort and indulgence in mind. Each unit is equipped with a balcony or a generous deck, providing a private outdoor space where you can unwind and take in the city views. 1st Fl: 2BR/2BTH Duplex is a masterpiece of luxury, offering residents a private sauna, gym for their fitness needs, a dog spa for their four-legged friends, and an exclusive private yard, perfect for relaxation and outdoor gatherings. Additionally, enjoy the ultimate relaxation in your own personal jacuzzi. 2nd Fl: 1BR/1BTH with balcony in rear 3rd Fl: Studio Apt; 1BR/1BTH unit; 1BR w/ Loft area & Balcony 4th Fl: 1BR/1BTH Duplex w/ roof deck; 2BR/2BTH Duplex Full Setup Available Upon Request. Photos are virtually staged. Don't Miss this Opportunity! *Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
The median home value in Brooklyn, NY is $677,200. This is lower than the county median home value of $756,900. The national median home value is $338,100. The average price of homes sold in Brooklyn, NY is $677,200. Approximately 30.01% of Brooklyn homes are owned, compared to 60.51% rented, while 9.48% are vacant. Brooklyn real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Brooklyn real estate agent to arrange a tour today!
Brooklyn, New York 11222 has a population of 8,736,047. Brooklyn 11222 is less family-centric than the surrounding county with 27.43% of the households containing married families with children. The county average for households married with children is 28.9%.
The median household income in Brooklyn, New York 11222 is $70,663. The median household income for the surrounding county is $67,753 compared to the national median of $69,021. The median age of people living in Brooklyn 11222 is 37.3 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 46.6 inches per year, with 25.3 inches of snow per year.