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Listing Courtesy of The Agency Brokerage
$ 3,350,000
Est. payment | /mo
8 Beds
3 Baths
3,000 SqFt
$ 3,350,000
Est. payment | /mo
8 Beds
3 Baths
3,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $1,116
Subdivision Greenpoint
MLS Listing ID RLS20080274
Bedrooms 8
Full Baths 3
HOA Y/N No
Year Built 1915
Annual Tax Amount $6,324
Property Sub-Type Multi Family
Property Description
We are proud to present 177 Java Street in the heart of Greenpoint. Rare opportunity to acquire a 25-foot-wide, three-unit property in prime Greenpoint with strong income and value-add potential. Located on a desirable tree-lined street just off Manhattan Avenue, the building is one block from the G train and two blocks from the Greenpoint waterfront, offering excellent rental appeal and long-term appreciation. The property consists of three residential units: a two bedroom on the first floor, and two Three-bedroom units on the upper floors-well-suited for maximizing rental income in today's work-from-home environment. A fully finished basement includes laundry and additional space for storage, recreation, or potential ancillary use. Built on a 25 x 100 ft lot, the property features approximately 3,000 sq ft of existing FAR with an additional 2,000 sq ft of buildable FAR, providing a clear pathway for expansion and increased returns. This is a turnkey opportunity for investors to set market rents, reposition, or develop further. Great rental income, condo conversion, or long-term hold in one of Brooklyn's most consistently performing submarkets.
Location
State NY
County Kings
Building/Complex Name 177 Java Street
Rooms
Basement Other
Interior
Interior Features Smoke Free
Cooling Other
Fireplace No
Laundry Building Other, Washer Hookup
Exterior
View Y/N No
View Other
Porch None
Private Pool No
Building
Dwelling Type Townhouse
Story 3
New Construction No
Others
Tax ID 02541-0052
Ownership None
Monthly Total Fees $527
Special Listing Condition Standard
Pets Allowed Building Yes, No
RLS Data display by WJFNY