232 Kingsland Avenue
Greenpoint, Brooklyn, NY 11222
$2,400,000
Description
232 Kingsland Avenue,
Brooklyn,
NY
11222
Discover the incredible investment potential of 232 Kingsland Avenue, a 6-family property located in the vibrant and highly sought-after Greenpoint neighborhood of Brooklyn. This property offers an exceptional opportunity for investors and end-users alike, with two units (1L and 1R) delivered vacant at closing and the remaining units tenant-occupied, providing immediate cash flow. With two rent-stabilized units and significant upside for market-rate rentals, this property has the potential to achieve rents exceeding 3,000 per month after renovations. Property features separate electrical meters for all units, allowing for individual billing Perfect for a 1031 exchange investor or those looking to build their portfolio, this property combines immediate income with long-term appreciation. Ideally situated near the G train (Nassau Avenue) and L train (Graham Avenue), the property offers seamless access to Manhattan and other parts of Brooklyn, making it a prime location for renters. Surrounded by parks, trendy restaurants, and boutique shops, this property appeals to a wide variety of tenants seeking both convenience and lifestyle. With its balanced mix of stability and future income growth, 232 Kingsland Avenue is perfect for investors looking to add value in one of Brooklyn's most dynamic neighborhoods. Don't miss your chance to own this versatile property with tremendous upside potential. Schedule your private tour today!
This is an Active listing.
Broker Office Phone Number: 888-276-0630
Copyright © 2024Staten Island Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listing By: EXP Realty via Data Source: Staten Island Board of Realtors
Multi Family
Property type
Price History
date | price | variance | type |
---|
11/22/2024 | $2,400,000 | - | Listed |
listing agent: Chris Caggiano