232 Kingsland Avenue
$2,400,000
12
6
4,875
4,875
$492
Description
Discover the incredible investment potential, 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...Discover the incredible investment potential, 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. 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, this 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.
- Listed by Chris M. Caggiano • eXp Realty BKNY
Amenities
- Walk Up
- Washer / Dryer in Unit
- Air Conditioning
- Street Parking
- Voice Intercom
- Private Outdoor Space
- Parking Included
- Lowrise
LISTING UPDATED: 11/25/2024 09:29 AM
Property Details for 232 Kingsland Avenue
Status | Active |
---|---|
MLS ID | 487601 |
Days on Market | 35 |
Taxes | $11,560 / year |
Maintenance | - |
Min. Down Pymt | - |
Total Rooms | 0.0 |
Compass Type | Townhouse |
MLS Type | MultiFamily |
Year Built | 1931 |
Lot Size | 2,500 SF / 25' x 100' |
County | Kings County |
Building
Building Information for 232 Kingsland Avenue
Stories3Residences6Year Built1931Building Size25' x 65'Building Sq. Ft4,875 SFLot Size2,500 SF / 25' x 100'Building Age-Building Type-
Property Information for 232 Kingsland Avenue
Property History for 232 Kingsland Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 232 Kingsland Avenue
Taxable ValueLand$6,750Additions$735,750Total$742,500
Home Facts
Total Finished SqFt4,875 SqFtLot Size2,500 SqFtYear Built1931ZoningR6BAPN3026890071
Schools near 232 Kingsland Avenue
This home is within Nyc Geog District #14 - Brooklyn.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 2 |
Rating | School | Distance |
---|---|---|
P.S. 110 The Monitor PublicPK to 5 | ||
John Ericsson Middle School 126 Public6 to 8 | ||
A-Tech High School Public9 to 12 | ||
Citizens of the World Charter School 1 CharterK to 2 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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