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$3,500,000
12 Beds ⋅ 7 Baths ⋅ 1028547 MLS
**Prime Greenpoint 6-Family Investment Opportunity** An OPPORTUNITY to acquire a Mostly Renovated Six-Family Frame building in the HEART of Greenpoint, Brooklyn, one of New York City's most desirable and consistently appreciating neighborhoods. Lovingly owned and cared for by the SAME FAMILY for over 40 years, this is the FIRST time in decades that this exceptional asset has been offered for sale. The pride of ownership is evident throughout, making it a rare opportunity to acquire a building that has been meticulously maintained over generations. Built in 1931, this 3-story multifamily building sits on a 25' x 100' lot with a 25' x 60' building footprint, offering a solid investment with strong in-place income and future upside. Zoned R6B, the property is ideally positioned in one of Brooklyn's most sought-after residential neighborhoods. Currently generating $183,600 in annual gross rental income, the building has been extensively improved, with 5 of the 6 apartments Renovated, reducing immediate capital expenditures while enhancing tenant appeal. Even more attractive for investors, 3 of the 6 apartments are DEREGULATED *(becomes deregulated upon vacancy), providing immediate and long-term rental growth potential. The property also features a Full Basement with Tall Ceilings, offering Excellent Storage future possibilities (subject to applicable approvals). Annual real estate taxes are an attractive $13,608.16, contributing to a favorable operating profile. Perfectly situated on a quiet, tree-lined street just moments from Manhattan Avenue, McGolrick Park, McCarren Park, renowned restaurants, cafes, boutique shopping, and convenient G Train access, the property continues to benefit from Greenpoint's exceptional rental demand and enduring appreciation. Investment Highlights: **First time offered in over 40 years** Same family ownership for over four decades! -6-Family Frame Building -Built: 1931 -3 Stories -Building Size: 25' x 60' -Lot Size: 25' x 100' -Zoning: R6B -Annual Gross Income: $183,600 -Annual Property Taxes: $13,608.16 -5 of 6 Apartments Renovated -3 Deregulated Units -Full Basement with Tall Ceilings -Excellent current cash flow with significant long-term upside -Located in one of Brooklyn's most desirable and resilient rental markets Opportunities like this are increasingly rare. Combining decades of attentive ownership, strong existing income, renovated apartments, deregulated units, and a premier Greenpoint location, 168 Russell Street represents a true legacy investment for the next generation of ownership.

168 Russell Street, Brooklyn
$3,195,000
7 Beds ⋅ 4 Baths ⋅ 1006257 MLS
Welcome to 977 Lorimer St., a pre-war corner property on a picturesque, tree-lined block in the heart of Greenpoint, Brooklyn. Only one block from McCarren Park, this classic three-story building is currently configured as three residential units, including a spacious three-bedroom duplex with street-level entry. Inside, original details such as marble fireplace mantels, high ceilings, and a large entertaining area add historic character. The sun-filled second floor offers a generous one-bedroom layout with a walk-in closet, living room, and dining room. The third floor features a three-bedroom unit with a combined living and dining area. All three units include galley kitchens. Built in 1899 and spanning approximately 1,330 square feet, the property combines historic Brooklyn charm with flexible use potential and strong long-term upside. It also includes a rare three-car garage. Adding to its appeal, the property offers approximately 3,192 buildable square feet, creating potential for expansion or redevelopment. Whether for investment, owner-occupancy flexibility, or long-term appreciation, this is a compelling opportunity in one of Brooklyn’s most desirable neighborhoods. Transportation: B43, B62, G TRAIN – NASSAU AVE.

977 Lorimer Street, Brooklyn
$1,650,000
996744 MLS
Welcome home to this stunning solid-brick three-family residence, ideally situated on a quiet street in the private gated beachfront community of Sea Gate. Offering spacious layouts, beautiful outdoor space, and breathtaking water and bridge views, this exceptional property is perfect for both end users and investors alike. The home features three generously sized apartments plus additional finished living space in the basement with a private entrance. The third-floor unit offers 3 bedrooms, 2 full baths, and a private balcony. The second-floor apartment mirrors the same desirable layout with 3 bedrooms, 2 baths, and its own balcony. The first floor includes a large 2-bedroom, 1-bath apartment with comfortable living and dining space. The finished basement adds valuable bonus space and features upgraded insulation, thermal windows, tiled floors, and a full bath — ideal for extended living, recreation, or storage. Additional highlights include hardwood floors throughout, a spacious sundeck, a beautifully maintained backyard, and well-maintained mechanicals, including the roof, boilers, and windows. The two front balconies showcase spectacular views of the Verrazzano-Narrows Bridge and New York Harbor. Located in one of Brooklyn’s most unique and family-friendly waterfront communities, this property offers privacy, security, and strong investment potential.

4911 Surf Avenue, Brooklyn

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.