Description
Prime Greenpoint property ideal for investors and developers.Key Features:Location: Close to parks, dining, and transit.Vacancy Potential: Units 1L & 1R delivered vacant; post-reno rents $3,000+/month.Current Rent Roll:1L & 1R (Owner-occupied, $3,000 potential)2L (Stabilized): $2,196.15 (lease)2R: $2,250 (month-to-month)3L (Stabilized): $2,020.48 (lease)3R: $2,250 (month-to-month)Financial Highlights:Total Expenses: $24,325NOI: $85,025 (Current), $156,785 (Post-Reno)Cap Rate: 6.53% (Projected)Why Invest? Steady income, growth potential, and dynamic Greenpoint location.
-
12BEDS
-
0.06ACRES
-
6BATHS
-
01/2 BATHS
-
4,875SQFT
-
$492$/SQFT
School Ratings & Info
Description
Prime Greenpoint property ideal for investors and developers.Key Features:Location: Close to parks, dining, and transit.Vacancy Potential: Units 1L & 1R delivered vacant; post-reno rents $3,000+/month.Current Rent Roll:1L & 1R (Owner-occupied, $3,000 potential)2L (Stabilized): $2,196.15 (lease)2R: $2,250 (month-to-month)3L (Stabilized): $2,020.48 (lease)3R: $2,250 (month-to-month)Financial Highlights:Total Expenses: $24,325NOI: $85,025 (Current), $156,785 (Post-Reno)Cap Rate: 6.53% (Projected)Why Invest? Steady income, growth potential, and dynamic Greenpoint location.
Related Properties
© 2025 Brooklyn New York Multiple Listing Service, Inc. All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Gio | RE/MAX Central. Data last updated: 2025-01-13T13:00:17.993.