232 Kingsland Avenue
Greenpoint | Driggs Av & Nassau Av
Ownership
Multi-Family
Lot Size
25'x100'
Status
Active
Real Estate Taxes
[Per Annum]
$ 11,560
Building Size
25'x65'
Year Built
1931
ASF/ASM
4,875/453
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.
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.
Listing Courtesy of eXp Realty BKNY
Care to take a look at this property?
Apartment Features
Hardwood Floors
Building Details [232 Kingsland Avenue]
Ownership
Multi-Family
Block/Lot
2689/71
Building Size
25'x65'
Zoning
R6B
Year Built
1931
Floors
3
Lot Size
25'x100'
Mortgage Calculator in [US Dollars]
Maria Castellano
License
Licensed As: Maria Castellano
Licensed Real Estate Broker/Owner
W: 718-236-1800
M: 917-318-1775
BNYMLS All information furnished regarding this or any property listed for sale or rent is gathered from sources deemed reliable. Though we have no reason to doubt the accuracy or validity of this information, we make no warranty or representation as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or withdrawal without notice. It is strongly recommended that the prospective purchaser or tenant shall carefully review each item of size, dimensions, real estate taxes, expenses, legal use and any other information presented herein.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
MLSID: 487601