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145 Nassau Avenue Brooklyn, NY 11222
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Key Details
Sold Price $2,700,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,912 sqft
Price per Sqft $690
Subdivision Greenpoint
MLS Listing ID COMP-1398673484657691289
Sold Date 10/16/24
Bedrooms 5
Full Baths 5
HOA Fees $800/mo
HOA Y/N Yes
Year Built 1931
Annual Tax Amount $36,000
Property Description
Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint!
This ??unique mixed-use property is more than just real estate; it’s a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors’ and developers’ dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures.
The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms.
The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don’t miss out on this chance to secure this incredible property for your real estate portfolio.
Contact me today for more details and to schedule a private tour.
Location
State NY
County Kings
Interior
Heating Baseboard
Cooling Central Air, Other, Wall Unit(s)
Flooring Hardwood
Furnishings Unfurnished
Fireplace No
Appliance Dryer, Dishwasher, Range, Refrigerator, Washer
Laundry In Unit, See Remarks
Exterior
Exterior Feature Private Entrance
Private Pool No
Building
Story 4
New Construction No
Others
Ownership None
Monthly Total Fees $3, 800
Pets Description Building No, Cats OK, Dogs OK
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RLS Data display by Coastal Property Advisors