Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint!
This ??unique mixed-use property is more than just real estate; it's a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors' and developers' dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures.
The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms.
The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don't miss out on this chance to secure this incredible property for your real estate portfolio.
Contact me today for more details and to schedule a private tour.
Sold for $2,700,000
Street View
$2,700,000
145 Nassau Ave, Brooklyn, NY 11222
5beds
3,912sqft
Apartment
Built in 1931
-- sqft lot
$-- Zestimate®
$690/sqft
$7,408 Estimated rent
Home value
Not available
Estimated sales range
Not available
$7,408/mo
Zestimate® history
Owner options
List your home for rent
$7,408/mo
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$7,408/mo
Rent Zestimate®
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$16,324/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$16,324/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Appliances
- Included: Dishwasher, Dryer, Washer
Interior area
- Total interior livable area: 3,912 sqft
Property
Lot
- Size: 1,500 Square Feet
Details
- Parcel number: 026500031
Construction
Type & style
- Home type: Apartment
Condition
- Year built: 1931
Community & HOA
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $690/sqft
- Tax assessed value: $1,130,000
- Annual tax amount: $44,752
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2024 | Sold | $2,700,000-14.3%$690/sqft |
Source: Agent Provided Report a problem | ||
| 7/2/2024 | Pending sale | $3,150,000$805/sqft |
Source: StreetEasy #1680385 Report a problem | ||
| 11/9/2023 | Listed for sale | $3,150,000+530%$805/sqft |
Source: StreetEasy Report a problem | ||
| 12/14/2000 | Sold | $500,000+1011.1%$128/sqft |
Source: Public Record Report a problem | ||
| 1/30/1996 | Sold | $45,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,752 +4.3% | $508,500 +20% |
| 2024 | $42,916 | $423,900 +20% |
| 2023 | -- | $353,250 +20% |
| 2022 | -- | $294,300 +6.3% |
| 2021 | -- | $276,750 -47.3% |
| 2020 | $53,343 +8.2% | $525,150 |
| 2019 | $49,312 +9.3% | $525,150 +8.2% |
| 2018 | $45,127 +12.4% | $485,550 -11.6% |
| 2017 | $40,159 +22.9% | $549,450 +19.1% |
| 2016 | $32,665 | $461,250 +30.4% |
| 2015 | $32,665 +148.9% | $353,700 +19.5% |
| 2014 | $13,123 | $296,100 |
Find assessor info on the county website
Neighborhood: Greenpoint
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Nearby schools
GreatSchools rating
- 6/10Ps 110 The MonitorGrades: PK-5Distance: 0.3 mi
- 8/10John Ericsson Middle School 126Grades: 6-8Distance: 0.4 mi
- 3/10A-Tech High SchoolGrades: 9-12Distance: 0.4 mi
- New York
- Kings County
- New York
- 11222
- Brooklyn
- Greenpoint
- 145 Nassau Ave