About 159 Nassau Avenue
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: 25x50 -Lot: 25x100 -Gross rent roll: $214,989 -Taxes $13,766.60
Features of 159 Nassau Avenue
| MLS® # | 3558366 |
|---|---|
| Price | $3,500,000 |
| Bedrooms | 12 |
| Bathrooms | 8.00 |
| Full Baths | 6 |
| Half Baths | 2 |
| Acres | 0.06 |
| Year Built | 1930 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Colonial |
| Status | Active |
Community Information
| Address | 159 Nassau Avenue |
|---|---|
| City | Greenpoint |
| County | Brooklyn |
| State | NY |
| Zip Code | 11222 |
Additional Information
Listing Details
| Office | BLT Minimax Realty Inc |
|---|---|
| Office Contact | 718-609-0800 |