3 Family 3300sf + 900sf terrace for investment or primary occupancy


Property

Website:https://www.nestseekers.com/712002
Address:
222 North Henry St
Brooklyn, NY 11222
Cross street:Nassau
Ownership: Three Family
Type: Townhouse
Rooms: 16
Bedrooms: 6 BR
Bathrooms: 4
Pets: Pets Allowed
Area: 3282 sq ft
Exterior area: 900 sq ft
Lot Size: 2000 sq ft

Financials

Price: $2,395,000
Annual Taxes: $6,142

Description

Welcome to this beautifully preserved, meticulously maintained bright large 3 family on a quiet tree-lined one way street in Greenpoint. Each unit has approximately 1100sf of living space.

Lot is 20'x100', with a building size of 20'x55' and 20'x45' landscaped garden.

There's a total of 3,282sf (not including partially finished basement) with an additional 718sf of buildable rights under the 2.0 FAR Each apartment features high ceilings, beautiful hardwood floors, original fire places and crown moldings. The basement is partially finished and includes laundry, half bath and private entrance into backyard garden as well as being accessible from the front of the bldg.

The townhouse is only half a block from McGolrick Park and Greenpoint's trendy restaurants and cafes. 5 mins walk to the G subway stop on Nassau Avenue.

Currently the property is occupied by good standing tenants with leases slightly under market rate and not stabilized. 2nd and 3rd floor leases expire December 2017, 1st floor lease expires January 2018. Current rent roll is $8,550 per month, taxes $6142/year with a NOI of $96,500. Great upside potential.

Amenities

  • A/C units
  • Basement
  • Dining Area
  • Entry Foyer
  • Finished basement
  • Fireplace
  • Garden
  • Hardwood Floors
  • high-ceiling
  • Laundry Room
  • Washer Dryer

Contact

Adrian Lupu
SVP - New Development Marketing & Sales / Licensed Associate Real Estate Broker
47-44 Vernon Blvd, Long Island City, NY 11101

222 N Henry St, Brooklyn, NY 11222, USA