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listing
1 of 35
Single FamilyFor Sale
$2,400,000
232 Kingsland Avenue
Brooklyn, NY 11222
Listing Provided Courtesy of eXp Realty BKNY
MLS: Brooklyn New York MLS
6Baths
4,875Sq Ft
Est. Mortgage
$12,488/mo

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.

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© 2024 Brooklyn MLS (RETS) (BNYMLS-RETS). All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of BNYMLS. Real estate listings held by IDX Brokerage firms other than eXp Realty BKNY are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. Information provided is deemed reliable but not guaranteed.
Data last updated: 11/28/2024 10:32 AM
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