8-Family Rent-Stabilized Investment Opportunity!
Exceptional opportunity to own a well-maintained 8-family rent-stabilized building in the heart of prime Greenpoint. This solid investment features eight railroad-style 2 bedroom apartments, all thoughtfully renovated while preserving their classic Brooklyn charm.
Property highlights include:
- 8 renovated rent-stabilized apartments
- Railroad-style 2-bedroom layouts
- Apartment 1R features a private backyard
- New plumbing throughout
- Updated electrical system
- Stainless steel appliances
- Beautiful hardwood floors
- High ceilings with abundant natural light
- Clean, well-maintained basement
- Pride of ownership throughout the building
- 7.6% current CAP Rate
Situated on one of Greenpoint’s most desirable blocks, this property offers convenient access to Greenpoint Ave G train station, local buses, McCarren Park, local restaurants, cafés, and the neighborhood’s vibrant shopping and nightlife. A turnkey investment in one of Brooklyn’s strongest rental markets with long-term upside.
Building: 25 x 65 ft
Lot: 25 x 100 ft
Zoning: R6B
FAR: 2.60; Max FAR: 2
Taxes: $17,148/Yr
An outstanding addition to any investor’s portfolio in one of New York City’s most sought-after neighborhoods.
Call Agata Landa TODAY for a Full Set Up and More Details!
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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