$3,500,000
Active
44 Days Online
12 Beds8 Baths0 SQFT
Active

159 Nassau Avenue Greenpoint, NY 11222

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I'm delighted to present this exceptional income-producing mixed-use property located in the vibrant hub of Greenpoint. The property boasts six rent-stabilized apartments and two commercial spaces, with one currently vacant-perfect for a new business venture. This prime real estate opportunity offers a dependable and lucrative investment with each unit featuring a charming railroad-style 2-bedroom layout. The entire building is meticulously maintained and in excellent condition. This asset promises strong rental income and significant upside potential, with 2 to 3 apartments available for immediate occupancy. Situated in the premier Greenpoint neighborhood of Brooklyn, the property is conveniently close to McCarren and McGolrick Parks, the Nassau Avenue G train station, and the Bedford Avenue L train station-just one stop from Manhattan. Enjoy the proximity to Brooklyn's finest restaurants and a wealth of amenities, making this a highly desirable location for both residential and commercial tenants. Don't miss out on this fantastic opportunity to own a stable and profitable property in one of Brooklyn's most sought-after areas. Other important details: -Built in 1930 -Building: 25x50 -Lot: 25x100 -Gross rent roll: $214, 989 -Taxes $13, 766.60

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyBrooklyn
  • Taxes$13,766
  • HOA/Condo/Coop Fees$0
  • Days on Site44 Days
  • MLS StatusActive
  • MLS ID Number3576912
  • Home Size Source N/A
  • Year Built1930
  • Lot Size0.06 Acres
  • Full Baths6
  • Partial Baths2

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General Features

  • Style Colonial
  • Construction Frame
  • Parking None
  • Basement Bilco Door(s)FullUnfinished
  • Number of Stories Three Or More
  • Acreage 0.06
  • Water Public
  • Cross Street Diamond Str
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No

Interior Features

  • Cooling NoneWindow Unit(s)
  • Heating Natural GasHot WaterSteam
  • Fireplaces 0

Community Features

  • Township Brooklyn
  • Senior Community No

Schools

School District
Brooklyn 14
Elementary School
Ps 110 Monitor (The)
Middle School
John Ericsson Middle School 126
High School
A-Tech High School

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Monthly Payment (Est.)

$17,588
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