We are proud to present 177 Java Street in the heart of Greenpoint.
| Website: | https://www.nestseekers.com/5381821 |
|---|---|
| Address: | 177 Java Street Brooklyn, NY 11222 |
| Cross street: | Manhattan Avenue |
| Type: | Townhouse |
| Era: | Post-war |
| Floors: | 3 |
| Ownership: | Multi-Family |
|---|---|
| Rooms: | 14 |
| Bedrooms: | 8 BR |
| Bathrooms: | 3 |
Financials
Description
We are proud to present 177 Java Street in the heart of Greenpoint. Rare opportunity to acquire a 25-foot-wide, three-unit property in prime Greenpoint with strong income and value-add potential. Located on a desirable tree-lined street just off Manhattan Avenue, the building is one block from the G train and two blocks from the Greenpoint waterfront, offering excellent rental appeal and long-term appreciation.
The property consists of three residential units: a two bedroom on the first floor, and two Three-bedroom units on the upper floors-well-suited for maximizing rental income in today's work-from-home environment. A fully finished basement includes laundry and additional space for storage, recreation, or potential ancillary use.
Built on a 25 x 100 ft lot, the property features approximately 3,000 sq ft of existing FAR with an additional 2,000 sq ft of buildable FAR, providing a clear pathway for expansion and increased returns.
This is a turnkey opportunity for investors to set market rents, reposition, or develop further. Great rental income, condo conversion, or long-term hold in one of Brooklyn's most consistently performing submarkets.
Amenities
- Basement
- Garden
- Laundry Room
- Voice Intercom
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of The Agency Brokerage | |