Greenpoint Real Estate

232 Kingsland Avenue, Greenpoint, NY 11222

[Greenpoint Real Estate, listing number 7097335]



Description: 7097335
   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.

Details:
   Families: 6
   Bedrooms: 12
   Property Type: Multi-Family
   Rooms: 48
   Built: 1931

Financials:
   Price: $2,400,000

 

eXp Realty BKNY
Chris M. Caggiano
Office: (888)276-0630

provided by Brooklyn Bd of Realtors