Price improvement! 6. 8% cap rate in an incredible location, where greenpoint meets williamsburg. Just steps from mccarren and mcgolrick parks. This six unit property is an excellent opportunity for an investor or an owner who can occupy the entire ground floor with private garden and collect rents from the other 4 units. Currently, the building consists of 6 spacious one bedroom rent stabilized apartments, 3 of which will be delivered vacant including both ground level apartments. Purchaser may combine two ground floor units to create a large 3 bed/2 bath apartment with private access to a large and tranquil backyard. Historic details including tin ceilings, wall moldings, and fireplace mantles add charm. All 6 floor-through units get plenty of light. Building has been well maintained including new roof. Property is close to restaurants, coffee shops, and an easy walk to the g & l trains. No open permits or violations, tax class protected, tenants pay for gas and electric.
Location/Town | Greenpoint |
Area/County | Brooklyn |
Prop. Type | 6 Family Building for Sale |
Tax | $8,982.00 |
Year Built | 1925 |
Basement | Full, Unfinished |
Total Units | 6 |
Lot SqFt | 2,500 |
Cooling | Window Unit(s) |
Heat Source | Natural Gas, Hot Wat |
Parking Features | On Street |
Tax Assessed Value | 1613000 |
Units | 6 |
School District | Brooklyn 14 |
Middle School | Call Listing Agent |
Elementary School | Call Listing Agent |
High School | Call Listing Agent |
Listing information courtesy of: Elegran LLC |