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232 Kingsland Avenue, Brooklyn, NY 11222

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For Sale

$2,400,000

6 baths • 4,875 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $492.31
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Discover the incredible investment potential, a 6-family property located in the vibrant and highly sought-after Greenpoint neighborhood of Brooklyn. This property offers an exceptional opportunity for investors and end-users alike, with two units (1L and 1R) delivered vacant at closing and the remaining units tenant-occupied, providing immediate cash flow. With two rent-stabilized units and significant upside for market-rate rentals, this property has the potential to achieve rents exceeding $3,000 per month after renovations. Perfect for a 1031 exchange investor or those looking to build their portfolio, this property combines immediate income with long-term appreciation. Ideally situated near the G train (Nassau Avenue) and L train (Graham Avenue), the property offers seamless access to Manhattan and other parts of Brooklyn, making it a prime location for renters. Surrounded by parks, trendy restaurants, and boutique shops, this property appeals to a wide variety of tenants seeking both convenience and lifestyle. With its balanced mix of stability and future income growth, this is perfect for investors looking to add value in one of Brooklyn s most dynamic neighborhoods. Don t miss your chance to own this versatile property with tremendous upside potential.
MLS# 487601

Courtesy Of eXp Realty BKNY

(888) 276-0630

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Deck, Dock
  • Appliances
    Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood
  • Heating System
    Heat Pump
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 232 Kingsland Avenue, Brooklyn, NY 11222

Home seller CENTURY 21 Scope Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Scope Realty

(888) 919-2508
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 Brooklyn New York Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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 being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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