42 Driggs Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$4,390,000 USD
929-214-2120
42 Driggs Ave, Brooklyn, NY for Sale
$4,390,000 USD
Apartments - FOR SALE
1/16
null | 6.61% Cap Rate

42 Driggs Ave
Brooklyn, NY 11222
Greenpoint


OVERVIEW

Welcome to this stunning newly renovated 6-family building in the heart of Greenpoint, Brooklyn NY. This property offers a rare opportunity for investors looking to capitalize on solid rental income in one of the most sought-after areas in Brooklyn. Each unit has been meticulously updated with brand new finishes, ensuring tenants a modern and comfortable living experience. With all units currently occupied, this property is already generating impressive cash flow. Located in the vibrant neighborhood of Greenpoint, residents will enjoy easy access to trendy restaurants, charming boutiques, and bustling nightlife spots. The free market allows for flexibility in setting rental rates, giving you the potential to maximize your ROI. Don't miss out on this incredible investment opportunity in Greenpoint Brooklyn NY – schedule a showing today!

FOR SALE DETAILS

PRICE

$4,390,000 USD

PRICE/SF

$976 USD /SF

# OF UNITS

6

PRICE/UNIT

$731,667

CAP RATE

6.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,095 SF

ZONING

R6B

APN/PARCEL ID

02689-0049

ASK ABOUT THIS PROPERTY

Zalman PavelPlexis Realty NY LLCMore Info
929-214-2120

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Zalman PavelPlexis Realty NY LLCMore Info
929-214-2120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.