Exceptional Turnkey investment opportunity in the heart of Greenpoint. This well-maintained 6-family building is situated on a desirable tree-lined block and offers strong in-place income with significant upside potential. The property features 10 bedrooms, 7 full bathrooms, a full finished basement with an additional full bath, and a large private backyard with mature trees.
The building consists of 3 free-market apartments, 2 rent-stabilized apartments, and one owner-occupied apartment that is presently vacant. Numerous capital improvements have been completed, including four renovated apartments, three updated kitchens, a new boiler (approx. 1 year old), roof (approx. 3 years old), siding (approx. 2 years old), and a professionally installed 24-hour security camera system.
The finished lower level offers flexible space for storage, recreation, office, fitness, or other permitted uses, with direct access to the backyard.
Ideally located near McGolrick Park, McCarren Park, the G train, NYC Ferry, and Greenpoint's vibrant dining, shopping, and waterfront amenities. This income-producing asset presents an excellent opportunity for investors or 1031 exchange buyers seeking stable cash flow, long-term appreciation, and value-add potential in one of Brooklyn's most sought-after neighborhoods. Financials, leases, operating statements, and maintenance records available upon request.
For sale
Price cut: $149K (7/27)
$2,250,000
34 Sutton Street, Brooklyn, NY 11222
--beds
--baths
4,125sqft
Quadruplex, Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$545/sqft
$-- HOA
What's special
Three updated kitchensFour renovated apartments
- 69 days
- 374
- 16
Zillow last checked:
Listing updated:
Listed by:
Red Jasmine Real Estate 516-784-1019,
Karina M. Guevara CBR 516-784-1019
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 1018125
Facts & features
Interior
Heating
- Hot Water
Cooling
- Electric, Wall/Window Unit(s)
Features
- First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Open Kitchen, Soaking Tub
- Doors: ENERGY STAR Qualified Doors
- Basement: Finished,Full
Interior area
- Total structure area: 4,125
- Total interior livable area: 4,125 sqft
Property
Parking
- Parking features: None
Features
- Fencing: Back Yard,Fenced,Front Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 2,500 Square Feet
Details
- Parcel number: 026900052
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Aluminum Siding, Brick
Condition
- Year built: 1940
Utilities & green energy
- Gas: Separate Gas Meters: 6
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Community
- Security: Security System
Location
- Region: Brooklyn
Financial & listing details
- Price per square foot: $545/sqft
- Tax assessed value: $639,000
- Annual tax amount: $12,354
- Date on market: 6/24/2026
- Cumulative days on market: 70 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $2,250,000-6.2%$545/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $2,399,000$582/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: Greenpoint
Nearby schools
Schools provided by the listing agent
- Elementary: Ps 110 Monitor
- Middle: John Ericsson Middle School 126
- High: A-TECH HIGH SCHOOL
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







