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.
Features
: Flat
Address Map
11222
Kingsland
232
Avenue
0
W74° 3' 31.5''
N40° 43' 29''
MLS Addon
: Multi-family
6
47
: Dishwasher, Microwave, Refrigerator, Stove, Washer, Dryer, Window Treatments, Deck
: Hardwood
119040
eXp Realty BKNY
Chris M. Caggiano
CMC6585
$0
$0
: Semi-finished
: Storage Rooms
: Vinyl Siding
: Active
$11,560
Residential For Sale
232 Kingsland Avenue, Brooklyn, New York 11222
12 Bedrooms
4,875 Sqft
$2,400,000
Listing ID #487601
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 487601
Price : $2,400,000
Bedrooms : 12
Square Footage : 4,875 Sqft
Year Built : 1931
Lot Area : 2,500 Sqft
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