Prime Greenpoint – Legal Two-Family with Full Basement | M1-1 Zoning | Opportunity Zone** House need TLC
Great for flipper , end-users, investors, or developers looking for mixed-use/flex-use potential.
The neighboring property sold around 2.5 Million after renovation .
Discover an exceptional investment opportunity in the heart of Greenpoint, Brooklyn. This freestanding legal two-family home sits on a generous lot and offers flexible residential and commercial potential under coveted M1-1 zoning.
Property Highlights
Legal Two-Family Home (B9)
Lot Size: 25.5 ft x 102.75 ft (approx. 2,650 sq ft)
Full Basement
Multiple parking spaces
Built: 1920 – Solid frame construction
Location-Located in Greenpoint, one of Brooklyn’s most desirable and rapidly growing neighborhoods.
Close to transportation, shops, restaurants, and thriving local businesses.
Zoning & Development
Zoning: M1-1 (light manufacturing)
Opportunity Zone: Yes
Low Carrying Costs
Annual Property Tax: approx. $3,434