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159 Nassau Avenue

Brooklyn, NY 11222
  • $3,200,000
  • STATUS: Active
  • ON SITE: 171 Days
  • MLS #: L3589000
UPDATED: 40 min ago
$3,200,000
  • 12
    BEDS
  • 0.06
    ACRES
  • 6
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Information

Elementary School:
High School:
School District:

Description

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, Additional information: Appearance:excellent, Building Size:25x50 3 apartments vacant, 1 commercial space vacant

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© 2025 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-23T10:18:44.873.
www.mwestates.com/homes/157459495
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159 Nassau Avenue Brooklyn, NY 11222

  • Price: $3,200,000
  • Status: Active
  • On Site: 171 Days
  • Updated: 40 min ago
  • MLS #: L3589000
12
Beds
6
Baths
2
½ Baths
0.06
Acres
1930
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Elementary School:
Ps 110 Monitor (The)
Middle School:
John Ericsson Middle School 126
High School:
A-Tech High School
School District:
Brooklyn 14
Property Description
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, Additional information: Appearance:excellent, Building Size:25x50 3 apartments vacant, 1 commercial space vacant
Exterior Features

Architectural Style Colonial Construction Materials Frame Cross Street Diamond Str Garage YN No Levels Multi/Split Parking Features None Pool Private YN No Property Attached YN Yes Road Responsibility Public Maintained Road

Interior Features

Appliances Gas Water Heater Attic None Basement Details Bilco Door(s)FullUnfinished Basement YN Yes Cooling NoneWall/Window Unit(s) Fireplaces Total 0 Num Of1 Bed Rooms 0 Num Of2 Bed Rooms 0 Num Of3 Bed Rooms 0 Num Of4 Bed Rooms 0 Number Of Kitchens 6 Rooms Total 36

Property Features

Additional Fees 0.00 Additional Fees YN No Association YN No Heating Natural GasHot WaterSteam Lease Considered YN No Lot Size Area 2500 Lot Size Dimensions 25x100 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Property Sub Type Multi Family Seasonal YN No Senior Community YN No Spa YN No Tax Annual Amount 13766.6 Total Vacancies 4 Water Source Public

Listing courtesy of Diane M. Muszynski of BLT Minimax Realty Inc: 718-609-0800
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or McAteer & Will Estates | Keller Williams Real Estate. Data last updated: 2025-04-23T10:18:44.873.
 
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