by RH Advisors

Check Availability
$3,150,000
House - For Sale

145 Nassau Avenue

Brooklyn, NY 11222
bedrooms
5 Beds
bathrooms
5 Baths
square feet
3912 Sqft
$19,268
Estimated Monthly
$800
HOA / Fees
1.60%
Cap Rate

About This Property

Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint!

This ??unique mixed-use property is more than just real estate; it's a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors' and developers' dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures.

The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms.

The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don't miss out on this chance to secure this incredible property for your real estate portfolio.

Contact me today for more details and to schedule a private tour.
Unit Size
3,912Ft²
Days on Market
270 days
Land Size
-
Price per sqft
$805
Property Type
House
Property Taxes
$3,000
HOA Dues
$800
Year Built
1931
Last updated: 2 months ago (RLS #COMP-1398673484657691289)

Price History

Date / Event Date Event Price
Apr 25, 2024 In contract -
In contract
Nov 9, 2023 Price Decreased $3,150,000
↓ $150K (4.6%)
Price Decreased
Sep 15, 2023 Listed by Compass Greater NY, LLC $3,300,000
Listed by Compass Greater NY, LLC
Aug 1, 2023 No longer available -
No longer available
Aug 1, 2023 Listed by Compass $3,300,000
Listed by Compass
Show More

Property Highlights

Garage
Air Conditioning
Interior Details

Bedroom Information

Bedrooms: 5

Bathroom Information

Full Bathrooms: 5

Interior Information

Appliances: Dryer, Dishwasher, Range, Refrigerator, Washer
Flooring Type: Hardwood
Living Area: 3912

Room Information

Laundry Features: In Unit, See Remarks
Rooms: 14
Exterior Details

Property Information

Year Built: 1931

Building Information

Pets Allowed: Building No, Cats O K, Dogs O K

Lot Information

Lot Size Dimensions: 75.000000x20.000000

Land Information

Tax Lot: 0031
Tax Block: 02650

Building Info

Overview

    General

  • Year Built: 1931
  • Building Count: 1
  • Floor Count: 4
  • Total Unit Count: 5
  • Residential Unit Count: 3
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 1,500
  • Lot Size Depth Feet: 20
  • Lot Size Frontage Feet: 75
  • Building Depth: 20
  • Building Frontage: 75
  • Gross Building Area: 3,800

    Building Floor Area

  • Residential Building Floor Area: 2,300
  • Commercial Building Floor Area: 1,500
  • Office Building Floor Area: 1,500

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 2
  • Facilities Floor Area Ratio: 2

Building

  • Building Type: S9
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: N
  • Proximity Code: 3
  • Extension Code: E

Neighborhood

  • Community District: 301
  • City Council District: 33
  • Police Precinct: 94
  • Fire Company: E238
  • Health Area: 200
  • Sanitation District Borough: 3
  • Sanitation Subsection: 3B
  • School District: 14

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R6B
  • Zoning Commercial Overlay 1: C2-4

Geography

  • Borough Name: BK
  • Borough Code: 3
  • Block: 2650
  • Lot: 31
  • Borough Block Lot: 3026500031

    Address

  • Full Address: 145 Nassau Avenue
  • Zip Code: 11222

Valuation

    Assessments Valuation

  • Assessed Total Value: $276,750
  • Assessed Land Value: $54,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Townhouse
4 Beds
4 Baths
3,650 ft²
$904/ft²
$3,300,000 Jun 16, 2017
- Feb 5, 2021
$1,847/mo
Townhouse
4 Beds
4 Baths
3,650 ft²
$904/ft²
$3,300,000 Sep 10, 2016
- Feb 5, 2021
$1,847/mo
Multifamily
6 Beds
3 Baths
-
$2,630,000 May 25, 2023
$2,630,000 Aug 15, 2023
-
Townhouse
3 Beds
4 Baths
-
$3,000,000 Dec 22, 2021
$3,000,000 Apr 13, 2022
-
Townhouse
Stu
-
-
$3,495,000 May 13, 2018
$3,495,000 Aug 8, 2018
-
Condo
3 Beds
3 Baths
1,800 ft²
$1,664/ft²
$2,995,000 Apr 27, 2021
$2,995,000 Aug 23, 2021
$1,446/mo
Multifamily
5 Beds
3 Baths
-
$2,800,000 Sep 12, 2023
-
$327/mo
House
4 Beds
4 Baths
-
$2,750,000 Sep 13, 2023
-
$685/mo
Townhouse
6 Beds
5 Baths
-
$2,995,000 Nov 10, 2023
-
$495/mo
Townhouse
6 Beds
4 Baths
-
$2,750,000 Oct 9, 2023
-
$596/mo
Condo
4 Beds
3 Baths
-
$3,495,000 Jul 6, 2023
-
$1,100/mo
Multifamily
4 Beds
7 Baths
-
$2,649,000 Nov 6, 2023
-
$576/mo

About Northern Brooklyn


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Frequently Asked Questions

When was property at 145 Nassau Avenue built and last sold?
The property at 145 Nassau Avenue was built in 1931 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 145 Nassau Avenue is $3,181,500.
What are some comparable homes to 145 Nassau Avenue?
Homes that are comparable to 145 Nassau Avenue include a multifamily property at 151 Bayard Street, a townhouse property at 707 Humboldt Street, a condo property at 111 Noble Street.

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