An exceptional investment opportunity in one of Brooklyn's most sought-after and rapidly appreciating neighborhoods. This solid 3-story, 6-unit walk-up at 695 Meeker Avenue offers immediate cash flow with significant upside.
The building spans approximately 4,536 sq/ft (54x22) across six well-proportioned units, each featuring 2 bedrooms, a living room, dining room, and full bath. The dining room in each unit can be easily converted to a third bedroom, offering a clear value-add path for the next owner.
With $107,000 in annual gross income, real estate taxes of only $12,776 , and a 12-bed/6-bath configuration, the numbers speak for themselves.
Located steps from McGolrick Park and within easy walking distance of both the L and G subway lines, 695 Meeker Ave sits at the center of Greenpoint's ongoing transformation — surrounded by new restaurants, boutiques, and a growing influx of young professionals.
Whether you're a seasoned investor or looking to plant your flag in one of Brooklyn's hottest corridors, this is a rare chance to acquire a cash-flowing asset with real room to grow.
Opportunities like this don't wait. Call and schedule a private tour!
*The information provided is deemed reliable but not guaranteed, including square footage, dimensions, zoning, income figures etc. All data should be independently verified. Keller Williams NYC assumes no liability for errors or omissions. Prospective buyers and investors are encouraged to consult their own legal, financial, and zoning professionals prior to making any decisions.
Source: OneKey® MLS as distributed by MLS GRID #3592265Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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