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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
$3,880,000
1012548 MLS
Location! Location! Location! This Multifamily Property is located in Williamsburg, NY, one of the great potential investment locations. Newly renovated a few years ago. Most units have dishwashers & a washer-dryer. The property has extremely convenient transportation, 0.1 mile to Grand St. station, near the Williamsburg Bridge very easy to go to Manhattan, and is fully occupied. building size: 25x100, Lot size 5000 sqft.

318 Humboldt Street, Brooklyn
$2,988,000
1011794 MLS
1135 Flatbush Avenue, Brooklyn, NY Corner Lot | 3 Commercial Spaces | 4 Residential Apartments | 4,000 sqft Extra Buildable Prime Mixed-Use Investment Opportunity 1135 Flatbush Avenue presents a rare opportunity to acquire a well-positioned mixed-use asset in one of Brooklyn's most active commercial corridors. Situated on a 2,110 SF corner lot with excellent visibility, the property benefits from strong residential and retail demand, making it ideal for both investors and developers. Property Highlights Corner mixed-use property on Flatbush Avenue Lot Size: 2,110 SF Building Size: 4,410 SF Zoning: R7A / C2-4 Current FAR: 2.09 Maximum Buildable Area: 8,440 SF Additional Buildable Area Available: 4,030 SF Southeast corner exposure Strong retail frontage and residential rental income Annual Property Taxes: $31,892 Investment Opportunity With over 4,000 SF of unused development rights, investors have the opportunity to expand the existing structure and unlock substantial additional value. The property's location along the Flatbush Avenue corridor offers excellent transportation access, high pedestrian traffic, and long-term appreciation potential.

1135 Flatbush 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.