Greenpoint, Brooklyn, NY 11222
Property Type
Residential Income, Quadruplex
Views
Trees/Woods
Central AC
No
Year Built
1940
RE Tax
$12,354 (Monthly)
Listing courtesy of Karina M. Guevara CBR of Red Jasmine Real Estate.
Exceptional Turnkey investment opportunity in the heart of Greenpoint. This well-maintained 6-family building is situated on a desirable tree-lined block and offers strong in-place income with significant upside potential. The property features 10 bedrooms, 7 full bathrooms, a full finished basement with an additional full bath, and a large private backyard with mature trees. The building consists of 3 free-market apartments, 2 rent-stabilized apartments, and one owner-occupied apartment that is presently vacant. Numerous capital improvements have been completed, including four renovated apartments, three updated kitchens, a new boiler (approx. 1 year old), roof (approx. 3 years old), siding (approx. 2 years old), and a professionally installed 24-hour security camera system. The finished lower level offers flexible space for storage, recreation, office, fitness, or other permitted uses, with direct access to the backyard. Ideally located near McGolrick Park, McCarren Park, the G train, NYC Ferry, and Greenpoint's vibrant dining, shopping, and waterfront amenities. This income-producing asset presents an excellent opportunity for investors or 1031 exchange buyers seeking stable cash flow, long-term appreciation, and value-add potential in one of Brooklyn's most sought-after neighborhoods. Financials, leases, operating statements, and maintenance records available upon request.
0.0574 Acres
0
Brooklyn
Greenpoint
Residential Income, Quadruplex
$12,354 (Monthly)
Yes - Trees/Woods
1940
Aluminum Siding, Brick
6
1940
Greenpoint
Brooklyn
Fenced, Back Yard, Front Yard
Yes - Trees/Woods
No Garage, None
$12,354 (Monthly)
Finished, Full
Yes - Electric, Wall/Window Unit(s)
Yes
Yes - Hot Water
Ceiling Fan(s), Eat-in Kitchen, High Ceilings, Soaking Tub
0
Public
Total$22,287.73/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 100 Newel Street #4L #4LGreenpoint | 1 BR / 1 BA | $7,850,005 |
| 186 Huron Street, #THA #THAGreenpoint | 1 BR / 1.5 BA | $1,495,000 |
| 173 Mcguinness Boulevard, #1B #1BGreenpoint | 1 BR / 2 BA | $1,250,000 |
| 173 Mc Guinness Boulevard #4A #4AGreenpoint | 1 BR / 1 BA | $1,100,000 |
| 173 Mcguinness Boulevard, #6A #6AGreenpoint | 1 BR / 1 BA | $1,100,000 |
| 173 Mcguinness Boulevard, #3A #3AGreenpoint | 1 BR / 1 BA | $1,075,000 |
| 186 Huron Street, #2C #2CGreenpoint | 1 BR / 1 BA | $999,000 |
| 173 Mcguinness Boulevard, #2A #2AGreenpoint | 1 BR / 1 BA | $995,000 |
| 173 Mcguinness Boulevard, #4D #4DGreenpoint | 1 BR / 1 BA | $975,000 |
| 186 Huron Street, #3C #3CGreenpoint | 1 BR / 1 BA | $950,000 |
| 173 Mcguinness Boulevard, #5B #5BGreenpoint | 1 BR / 1 BA | $925,000 |
| 173 Mcguinness Boulevard, #3D #3DGreenpoint | 1 BR / 1 BA | $910,000 |
Closed sales recorded by Brown Harris Stevens agents.

Greenpoint is a vibrant neighborhood known for its strong sense of community and growing arts scene.
The data relating to real estate for sale on this website comes in part from the Internet Data exchange of OneKey MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.