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159 Nassau Avenue Greenpoint, NY 11222
$3,500,000
  • For Sale
  • NEW
  • 12 Bedrooms
  • 6 Full Baths
  • 2 Half Baths
  • Year Built 1930
  • Multi Family
  • ML# 3558366

Property Details

Overview

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

Key Facts

  • Style: Colonial
  • Lot Size: 0.06
  • Lot Sq Ft: 2500
  • Taxes: $13,767
  • School District#: 14
  • School District: Community District 14
  • Block: 2651
  • Lot: 32

Additional Features

  • Construction Materials: Frame
  • Building Size: 25x50
  • Garage: 0.0
  • Parking Facilities: None

Rooms & Floor Plans

  • Bedroom: 12
  • Full Bath: 6
  • Half Bath: 2
  • Other: 16

Interior & Utilities

  • Heat: Natural Gas, Hot Water, Steam
  • A/C: None, Window Unit(s)
  • Water: Public
  • Sewer: Sewer

Financial

  • Taxes: $13,767
Listing Information provided courtesy of BLT Minimax Realty Inc  718-609-0800
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