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Back 145 Nassau Avenue
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145 Nassau Avenue

New York NY 11222

5
5
3912 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint! This ??unique mixed-use property is more than just real estate; it's a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors' and developers' dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures. The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms. The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don't miss out on this chance to secure this incredible property for your real estate portfolio. Contact me today for more details and to schedule a private tour.

Features

5 bedrooms
5 bathrooms
3912 sq. ft. floor area
Multi-Family

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Local market activity for 5 bedroom multi families in New York

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