232 Kingsland AVE Active Save Request In-Person Tour Request Virtual Tour
Brooklyn,NY 11222
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,875 sqft
Price per Sqft $492
MLS Listing ID 487601
Bedrooms 12
Full Baths 6
Year Built 1931
Annual Tax Amount $11,560
Property Sub-Type Multi-Family
Property Description
Prime Greenpoint property ideal for investors and developers.
Key Features:
Location: Close to parks, dining, and transit.
Vacancy Potential: Units 1L & 1R delivered vacant; post-reno rents $3,000+/month.
Current Rent Roll:
1L & 1R (Owner-occupied, $3,000 potential)
2L (Stabilized): $2,196.15 (lease)
2R: $2,250 (month-to-month)
3L (Stabilized): $2,020.48 (lease)
3R: $2,250 (month-to-month)
Financial Highlights:
Total Expenses: $24,325
NOI: $85,025 (Current), $156,785 (Post-Reno)
Cap Rate: 6.53% (Projected)
Why Invest? Steady income, growth potential, and dynamic Greenpoint location.
Location
State NY
County Kings (brooklyn)
Area Greenpoint
Zoning R6B
Rooms
Basement Semi-Finished
Interior
Hot Water Gas
Heating Gas
Flooring Hardwood
Heat Source Gas
Exterior
Exterior Feature Vinyl Siding
Amenities Available Storage rooms
Roof Type Flat
Handicap Access Unknown
Building
Story 3
Foundation Poured Concrete
Others
Energy Description Gas
Financing Bank Mortgage,Cash