Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
Listing Courtesy of Capri Jet Realty Corp
8 Family Rent Stabilized Investment Opportunity !
Description
8-Family Rent-Stabilized Investment Opportunity!
Exceptional opportunity to own a well-maintained 8-family rent-stabilized building in the heart of prime Greenpoint. This solid investment features eight railroad-style 2 bedroom apartments, all thoughtfully renovated while preserving their classic Brooklyn charm.
Property highlights include:
- 8 renovated rent-stabilized apartments
- Railroad-style 2-bedroom layouts
- Apartment 1R features a private backyard
- New plumbing throughout
- Updated electrical system
- Stainless steel appliances
- Beautiful hardwood floors
- High ceilings with abundant natural light
- Clean, well-maintained basement
- Pride of ownership throughout the building
- 7.6% current CAP Rate
Situated on one of Greenpoint’s most desirable blocks, this property offers convenient access to Greenpoint Ave G train station, local buses, McCarren Park, local restaurants, cafés, and the neighborhood’s vibrant shopping and nightlife. A turnkey investment in one of Brooklyn’s strongest rental markets with long-term upside.
Building: 25 x 65 ft
Lot: 25 x 100 ft
Zoning: R6B
FAR: 2.60; Max FAR: 2
Taxes: $17,148/Yr
An outstanding addition to any investor’s portfolio in one of New York City’s most sought-after neighborhoods.
Amenities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available

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.