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638 Humboldt Street, Brooklyn, NY 11222
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$895,000
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Home Details for 638 Humboldt Street
Price
$895,000
Type
Commercial/Industrial
Year Build
1931
Lot Size
0.0562
County
Kings (Brooklyn)
Basement
Storage Space, Unfinished, Walk-Out Access
Tax
$16,050.08
MLS®️ Listing#
879513
On exitrealty.com
111 days
Property Description
Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn’s most desirable and rapidly evolving neighborhoods.
638 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request.
NOI - $63,674.08
CAP RATE: 7.11%
Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point.
Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense.
Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.
- Basement
- Storage Space
- Unfinished
- Walk-Out Access
- Cooling Information
- None
- Heating Information
- Oil
- Water Features
- Public
School Information
School Information for 638 Humboldt Street
Elementary School
Ps 110 Monitor
Middle School
John Ericsson Middle School 126
High School
Williamsburg Hs-Art-Tech
Listing Courtesy: Keller Williams Points North - 516-865-1800. Presented by: Barry J. Paley CBR
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. Copyright ©2025 OneKey MLS. All Rights Reserved
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