183 Greene St, Brooklyn, NY 11221

183 Green Street, Greenpoint — Fully Renovated 5-Family, 100% Free Market A rare opportunity to acquire a fully renovated, five-family, 100% free-market property on a quiet, tree-lined block in the heart of Greenpoint. The property offers approximately 3,750 SF above grade, plus approximately 1,000 SF of finished lower-level space, for approximately 4,750 SF of total usable space. The building features an exceptional five-unit mix, including a 4-bedroom / 3-bath duplex with a private entrance and landscaped private garden, two 2-bedroom apartments, and two 1-bedroom apartments. The duplex is the centerpiece of the property, offering the scale and privacy of a townhouse-style residence. The main residential level features three bedrooms and two bathrooms, while the finished lower level includes a fourth bedroom, full bathroom, expansive recreation/TV area, laundry room and additional storage. The residence also enjoys direct access to a private landscaped garden with a partially covered outdoor entertaining area. The entire property has been extensively renovated with modern kitchens and appliances, in-unit washer/dryers, hardwood floors, high ceilings, reclaimed exposed beams, original architectural details and updated systems. Most importantly, all five apartments are 100% free market, providing an investor with significant flexibility in leasing, rents and long-term management. The property currently generates approximately $351,900 in annual gross income, with approximately $310,974 NOI based on the current expense schedule. Located just off Manhattan Avenue, 183 Green Street is convenient to the G train, Greenpoint waterfront and ferry, as well as the neighborhood’s restaurants, cafés, shopping and nightlife. Asking Price: $5,600,000 3,750 SF above grade + approximately 1,000 SF finished lower level | 5 residential units | 100% free market | 25’ × 100’ lot | Private garden | Fully renovated