Brooklyn, NY 11222,232 Kingsland AVE
Brooklyn, NY 11222,232 Kingsland AVE
Brooklyn, NY 11222,232 Kingsland AVE
Brooklyn, NY 11222,232 Kingsland AVE
Brooklyn, NY 11222,232 Kingsland AVE
Brooklyn, NY 11222,232 Kingsland AVE
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$ 2,400,000
Est. payment | /mo

12 Beds

6 Baths

4,875 SqFt


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$ 2,400,000
Est. payment | /mo
Save

12 Beds

6 Baths

4,875 SqFt

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

Listed by eXp Realty BKNY
advisor-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(917) 544-9091

thomasdalcamo@gmail.com

7610 13th Ave, Brooklyn, New York, 11228, USA

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232 Kingsland AVE