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I'm delighted to present this exceptional income-producing mixed-use property located in the vibrant hub of Greenpoint. The property boasts six rent-stabilized apartments and two commercial spaces, with one currently vacant-perfect for a new business venture. This prime real estate opportunity offers a dependable and lucrative investment with each unit featuring a charming railroad-style 2-bedroom layout. The entire building is meticulously maintained and in excellent condition. This asset promises strong rental income and significant upside potential, with 2 to 3 apartments available for immediate occupancy. Situated in the premier Greenpoint neighborhood of Brooklyn, the property is conveniently close to McCarren and McGolrick Parks, the Nassau Avenue G train station, and the Bedford Avenue L train station-just one stop from Manhattan. Enjoy the proximity to Brooklyn's finest restaurants and a wealth of amenities, making this a highly desirable location for both residential and commercial tenants. Don't miss out on this fantastic opportunity to own a stable and profitable property in one of Brooklyn's most sought-after areas. Other important details: -Built in 1930 -Building: 25x50 -Lot: 25x100 -Gross rent roll: $214,989 -Taxes $13,766.60

PROPERTY FEATURES

Rooms Total : 36
Water Source : Public
Community Features :
Lot Features : Near Public Transit
Architectural Style : Colonial
Heating : Natural Gas
Construction Materials: Frame
Basement : Bilco Door(s)

PROPERTY DETAILS

Street Address: 159 Nassau Avenue
City: Greenpoint
State: New York
Postal Code: 11222
MLS Number: ONE3558366
Year Built: 1930
Courtesy of BLT Minimax Realty Inc

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