Buy with Yoreevo
$3,465,000
List Price: $3,500,000
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159 Nassau Avenue
House in Greenpoint •  building info
12bd • 6ba • 2,500ft² $1,400 per ft²
Buy with Yoreevo

$3,465,000

List Price

$3,500,000

Key Details
Days on market
80
Last price change
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Estimated payment
$21,578
Taxes
$1,147
Monthly maintenance
N/A
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

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Building Amenities
Parking Available
Building info

History
What it'll cost
Purchase price
$3,500,000
Asking Price: $3,500,000
Term
30 Years
Down Payment
$350,000 (10%)
Min: 10% (350,000)
Rate
6.75 %
Mortgage Amount
$3,150,000
Mortgage Payment
$20,431
Taxes
$1,147
Estimated Yoreevo rebate
$35,000
Estimated closing cost
$134,000
Total monthly cost $21,578
Buy your dream home with us and get an estimated $35,000 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Listing Courtesy of BLT Minimax Realty Inc

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