Greenpoint NY, 11222
$2,000,000
Commercial
For Sale
8 Beds
, 4 Full Bath
Details
ML#: 3590615
- Style: Other
- # of Families: 2
- Year Built: 1910
- Taxes: $5,872
- Status:Active
Description
Welcome to 143 Kingsland Ave, a unique investment opportunity in the heart of Greenpoint! Currently configured as a charming two-family residence, this property offers incredible potential with approved plans poised for conversion into a lucrative six-family dwelling. Property Highlights: Current Configuration: The building features two well-appointed units, each with distinct living spaces that are perfect for dual-income living or maintaining long-term renters. Approved Plans: Take advantage of the already approved plans for transformation into a six-family residence. This is your chance to capitalize on the thriving rental market in Greenpoint, known for its vibrant community, chic amenities, and proximity to public transportation. Location: Situated in a prime Greenpoint location, 143 Kingsland Ave offers easy access to local cafes, restaurants, parks, and entertainment options. Commuters will appreciate the quick access to the L train, connecting residents to Manhattan and beyond. Investment Potential: With the growing demand for housing in this area, converting this property into a six-family dwelling presents a significant opportunity for cash flow and long-term appreciation in a rapidly developing neighborhood. Additional Features: The property boasts a spacious backyard, ideal for outdoor gatherings or green space, as well as ample street parking, offering convenience for residents and guests alike. This property is a rare find in a hot market, and whether you’re looking to maintain its current use as a two-family home or pursue the approved plans for expansion, 143 Kingsland Ave is poised to be a sound investment for the savvy buyer. Don’t miss out on this exceptional opportunity-schedule your private showing today!
More Property Details
Bedroom: 8
Full Bath: 4
Other: 6
Lot Sq Ft: 2095
Parking Facilities: None
Heat: Other, See Remarks
Water: Public
Sewer: Public Sewer
Taxes: $5,872
School District#: 14
School District: Community District 14
Block: 2829
Lot: 20
Listing Information provided courtesy of
5 Boro Realty Corp
855-305-3325