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232 Kingsland Avenue, Brooklyn, NY 11222
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$2,400,000
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Home Details for 232 Kingsland Avenue
Price
$2,400,000
Type
multi family
Bedrooms
12
Total Bathrooms
6.0
Full Bathrooms
6.0
Year Build
1931
Sq. Ft.
4875
Lot Size
2500
County
Kings
Tax
$11,560
MLS®️ Listing#
2406479
On exitrealty.com
9 days
Property Description
Discover the incredible investment potential of 232 Kingsland Avenue, 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. Property features separate electrical meters for all units, allowing for individual billing
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, 232 Kingsland Avenue 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. Schedule your private tour today!
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- Heating Information
- Steam
- Natural Gas
Listing courtesy: EXP Realty - 888-276-0630
Listings courtesy of the Staten Island MLS.
IDX information is provided exclusively for consumers’ personal, non-commercialuse. This information may not be used for any purpose other than to identify prospective propertiesconsumers may be interested in purchasing. This data is deemed reliable but is notguaranteed accurate by the MLS.
Fair Housing Notice
IDX information is provided exclusively for consumers’ personal, non-commercialuse. This information may not be used for any purpose other than to identify prospective propertiesconsumers may be interested in purchasing. This data is deemed reliable but is notguaranteed accurate by the MLS.
Fair Housing Notice
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Market statistics compiled from data from Staten Island MLS.
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