242 Kingsland Avenue, Greenpoint, NY 11222
$3,499,999
List Price
Off Market
Listing ID |
11057226 |
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Property Type |
Commercial |
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County |
Kings |
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Township |
Brooklyn |
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Total Tax |
$11,182 |
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Tax ID |
02689-0076 |
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FEMA Flood Map |
fema.gov/portal |
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Year Built |
1931 |
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Great Location ! 12 Bedrooms. 10 BR are Free Market. Six Units multi-family with 5 units are FREE Market with upside>. Well maintained Pre-War three stories brick building . Great for end user/Investors. HIgh rent area with potential for upside. NEW heating system. Two units with private garden. Most units have its own W/D. Walk minutes to G(Nassau) or L(Bedford) subway,one block to McGolrick park, BQE. Lots of the trendy shops, bakery, brewery, famous donut shop and great restaurants. Up and coming hip neighborhood. Income and Expense report available. Fully Occupied with current cap 4.8% ; a couple of units due to expired; lots of upsides to increase cap rate exceed more than 5.25%. Buy now see your investment grow..
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- 0.06 Acres
- 2500 SF Lot
- Built in 1931
- 3 Stories
- 6 Units
- Lot Dimensions/Acres: 25x100
- Gross Income $190,380
- Net Income $166,283
- Operating Exp $24,097
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Mei Ying Gee
Charles Rutenberg Realty Inc
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Listing data is deemed reliable but is NOT guaranteed accurate.
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