We are proud to present 177 Java Street in the heart of Greenpoint.


Property

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

Price:$3,350,000
Real estate tax:$6,324

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

Garden; Laundry Room;
  • Basement
  • Garden
  • Laundry Room
  • Voice Intercom

Contact

578 Driggs Avenue Brooklyn, NY 11211
Listing Courtesy of The Agency Brokerage

177 Java Street Brooklyn NY 11222 USA