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638 Humboldt Street
House in Greenpoint •  building info
studio • 2,450ft² $365 per ft²
List Price

$895,000

Key Details
Days on market
178
Last price change
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Estimated payment
$6,298/mo
Taxes
$1,338/mo
Maintenance
N/A
Description
Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 638 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request. NOI - $63,674.08 CAP RATE: 7.11% Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point. Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense. Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.

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Home features
Hardwood floors
Building amenities
Services and facilities
Parking Available
Building info

History
What it'll cost
Purchase price
$895,000
Asking Price: $895,000
Term
30 Years
Down Payment
$89,000 (10%)
Min: 10% (89,000)
Rate
6.25 %
Mortgage Amount
$805,500
Mortgage Payment
$4,960
Taxes
$1,338
Estimated closing cost
$26,000
Total monthly cost $6,298
Listing Courtesy of Keller Williams Points North

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