Greenpoint Townhouses For Sale

Rezoning laws passed in May 2005 are turning manufacturing and shipbuilding center Greenpoint into a hotbed of development and luxury living. Nestled in the northernmost section of Brooklyn and surrounded by waterways on three borders, Williamsburg’s neighbor to the north lies only a short distance from both Manhattan and Queens.

Greenpoint’s rezoning permits luxury highrises on both its East River and Newtown Creek borders. Multiple developers have jumped at the opportunity to build hi-end condos and retail spaces. To restructure the vast tracts of land filled with vacant manufacturing buildings, a waterfront park and riverfront promenades have also been proposed. With these improvements, the projected increase in the area’s population is estimated to be 40,000 in the next few years with an expected correlated increase in property values and real estate tax revenue.

A multi-ethnic neighborhood that includes Polish, Puerto Rican, Russian, Dominicans, the community has seen a recent influx of artists and bohemians who have flocked to the area’s low rents and proximity to hipster central — Williamsburg. The G subway line connects Greenpoint to Queens and Brooklyn and the L train into Union Square may be a 15 minute walk from certain parts. Historic structures include the Russian Greek Orthodox Church of the Transfiguration of Our Lord, a Byzantine style structure with onion-shaped towers and The Brooklyn Pratt Works of the Socony-Vacuum Oil Company built in 1867.

Long-time Greenpoint residents have worked over the years to clean up the waterways alongside the Riverkeeper conservation group. Its efforts are paying off and the area is primed for its current revitalization.

Now more than ever, you deserve the good stuff in life Loved Ones, Safety, Joy, Space.$4,500,000
Did someone order a driveway and two car garage ?$2,950,000
Attention all Investors !$1,600,000
Top floor, two bedroom condo with an awesome private roof deck in Prime Greenpoint !$1,095,000
This 2 family home located on the North end of McCarren Park has a lot of opportunity for a developer or Owner looking for a project.$1,499,500
Welcome to 177 Monitor Street, a beautiful single family home located right on McGolrick Park.$1,385,000
Developers and End Users Bring your architect !$1,650,000
As featured in DWELL Magazine !$2,650,000
OWNERS MUST SELL ! TAKING BEST OFFER, Bring your contractor.$2,300,000
Bright and sleek, this home has been overhauled into a truly loft like space.$595,000
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