New York, NY 11222

Property

Ownership: For Sale
Type: Multi-Family
Bedrooms: Studio
Lot Size: 0.1 Acres

Financials

Price:$16,000,000
Annual Taxes:$4,597.48
Listing Courtesy of Daniel Gale Sothebys Intl Rlty

Newly built 5 story, 13 unit luxury rental building on the Greenpoint Williamsburg border.

Snow covered building with a view of apartment building / complex

Snow covered building with a view of apartment building / complex

Snow covered building with a view of apartment building / complex
Snow covered property featuring a view of apartment building / complex
Living room featuring expansive windows, cooling unit, recessed lighting, and light tile patterned floors
Fenced backyard with an outdoor living space
View of patio / terrace featuring a skyline view
Balcony featuring a skyline view
Balcony featuring an outdoor hangout area
View of balcony
Living area with light wood-style floors and floor to ceiling windows
Spare room with light wood-type flooring
View of patio featuring outdoor dining area
View of patio
Spare room featuring an AC wall unit and expansive windows
Kitchen featuring stainless steel appliances, white cabinets, and light countertops
Washroom with estacked washer and dryer, expansive windows, and light wood-type flooring
Bedroom with a wall of windows, a wall mounted air conditioner, light wood-style floors, and access to outside
Unfurnished room with expansive windows, a baseboard radiator, wood tiled floors, and a wall mounted air conditioner
Unfurnished room with expansive windows and light wood-style floors
Bedroom featuring a crib, multiple windows, a wall of windows, light wood-style floors, and a wall mounted AC
Office area featuring plenty of natural light, floor to ceiling windows, an AC wall unit, and light wood-style floors
Spare room featuring a baseboard radiator, plenty of natural light, wood finish floors, expansive windows, and a wall mounted AC
Entryway featuring a wall of windows and wood finished floors
View of balcony
Full bathroom featuring a marble finish shower, vanity, light marble finish flooring, stone wall, and tile walls
Snow covered building with a view of apartment building / complexSnow covered property featuring a view of apartment building / complexLiving room featuring expansive windows, cooling unit, recessed lighting, and light tile patterned floorsFenced backyard with an outdoor living spaceView of patio / terrace featuring a skyline viewBalcony featuring a skyline viewBalcony featuring an outdoor hangout areaView of balconyLiving area with light wood-style floors and floor to ceiling windowsSpare room with light wood-type flooring

Description

Newly built 5-story, 13-unit luxury rental building on the Greenpoint/Williamsburg border. Completed in 2023, this boutique elevator property features 7 one-bedroom and 6 two-bedroom residences (5 affordable). Each apartment includes an in-unit washer/dryer, individual split heating & cooling systems, sleek modern finishes, audio-video intercom, and many units offer private outdoor space. Amenities include a fitness center, landscaped common courtyard, rooftop with skyline views, bike storage, and a private garage with 8 designated parking spaces. The property benefits from a 421-A tax abatement with approximately 34 years remaining, providing excellent long-term tax savings and investment stability. Prime Brooklyn location near the L subway, major highways, waterfront parks, cafés, restaurants, and shopping. Ideal for a 1031 exchange or investors seeking a high-quality, income-producing asset in a strong rental market.

Amenities

  • Cable Connected
  • Electricity Connected
  • Phone Connected
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.