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Property Description

I’m delighted to present this exceptional income-producing mixed-use property located in the vibrant hub of Greenpoint. The property boasts six rent-stabilized apartments and two commercial spaces, with one currently vacant-perfect for a new business venture. This prime real estate opportunity offers a dependable and lucrative investment with each unit featuring a charming railroad-style 2-bedroom layout. The entire building is meticulously maintained and in excellent condition. This asset promises strong rental income and significant upside potential, with 2 to 3 apartments available for immediate occupancy. Situated in the premier Greenpoint neighborhood of Brooklyn, the property is conveniently close to McCarren and McGolrick Parks, the Nassau Avenue G train station, and the Bedford Avenue L train station-just one stop from Manhattan. Enjoy the proximity to Brooklyn’s finest restaurants and a wealth of amenities, making this a highly desirable location for both residential and commercial tenants. Don’t miss out on this fantastic opportunity to own a stable and profitable property in one of Brooklyn’s most sought-after areas. Other important details: -Built in 1930 -Building: 25×50 -Lot: 25×100 -Gross rent roll: $214,989 -Taxes $13,766.60, Additional information: Appearance:excellent, Building Size:25×50
3 apartments vacant, 1 commercial space vacant

Features
Heating System:
Natural Gas, Hot Water, Steam
Cooling System:
None, Wall/window Unit(s)
Basement:
Full, Unfinished, Bilco Door(s)
Appliances:
Gas Water Heater
Community Features:
Park
Fireplaces Total:
0
Garage Spaces:
0
Interior Features:
Master Downstairs
Laundry Features:
Common Area
Lot Features:
Near Public Transit
Parking Features:
No
Sewer:
Sewer
Address Map
City:
NY
State:
NY
County:
Kings (Brooklyn)
Directions:
SUNRISE HYWY TO ATLANTIC AVE,
Property and Construction
Architectural Style:
Colonial
Development Status:
Frame
Elementary School:
Ps 110 Monitor (The)
High School:
Lynbrook Senior High School
Levels:
Multi/split
Agent MlsId:
123458
Office MlsId:
BLTM01
MiddleOrJunior School:
John Ericsson Middle School 126
New Construction:
1
Number Of Units:
8
Property Condition:
Excellent
Senior Community:
1
Special Listing Conditions:
Security Deposit
Tax Annual Amount:
$13,767
Water Source:
Public
PhotosCount:
30

Commercial Sale For Sale

159 Nassau Avenue, New York, NY

12 Bedrooms
6 Bathrooms
2,500 Acre
$3,200,000
Listing ID #L3589000
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
L3589000
Price :
$3,200,000
Rooms :
36
Bedrooms :
12
Bathrooms :
6
Half Bathrooms :
2
Bathrooms Total :
8
Lot Area :
2,500 Acre
Year Built :
1930
Status :
Active
Status :
Active
Listing Office :
BLT Minimax Realty Inc
Listing Agent :
Diane M. Muszynski
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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