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NY, 11222 $2,000,000

Commercial For Sale 8 Beds , 4 Full Bath  

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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

Room Information

Bedroom: 8   Full Bath: 4   Other: 6  

Property Features

Lot Sq Ft: 2095   Parking Facilities: None  

Appliances & Utilities

Heat: Other, See Remarks   Water: Public   Sewer: Public Sewer  

Financial

Taxes: $5,872  

Local Area Information

School District#: 14   School District: Community District 14   Block: 2829   Lot: 20  

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Listing Information provided courtesy of 5 Boro Realty Corp OneKey™ MLSThe source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed. Information Copyright 2020, OneKey™ MLS