Newly built 5 story, 13 unit luxury rental building on the Greenpoint Williamsburg border.
| Website: | https://www.nestseekers.com/5194396 |
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| Address: | New York, NY 11222 |
| Ownership: | For Sale |
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| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
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, cafeĢs, 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
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578 Driggs Avenue Brooklyn, NY 11211
Phone: +1 718-302-0900
Fax: +1 718-228-3917
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| Listing Courtesy of Daniel Gale Sothebys Intl Rlty | |