8 Family Rent Stabilized Investment Opportunity !
| Website: | https://www.nestseekers.com/5596383 |
|---|---|
| Address: | New York, NY 11222 |
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Bedrooms: | Studio |
| Lot Size: | 0.1 Acres |
Financials
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
578 Driggs Avenue Brooklyn, NY 11211 Phone: +1 718-302-0900 Fax: +1 718-228-3917 | |
| Listing Courtesy of Capri Jet Realty Corp | |