Check Availability
$4,500,000
Multifamily - For Sale

221 Nassau Ave

Brooklyn, NY 11222
bedrooms
Studio
bathrooms
5 Baths
square feet
4725 Sqft
$36,632
Estimated Monthly
$0
HOA / Fees
-2.90%
Cap Rate

About This Property

The Devon Group is excited to present this 5-unit plus commercial storefront corner property in Prime Greenpoint, located on the northwest corner of McGolrick Park. This building consists of 5 residential units and one commercial unit which was formally a 1500 SF restaurant on the ground floor.  The lot Measuring 25 feet wide and 85 feet long, the building totals just shy of  5,000 square feet. In the rear is a parking for two cars. The below-ground basement is large and can provide ample storage for the restaurant or tenants. The building has been well maintained with a working roof (6-7 yrs), newer mechanicals (3-4 yrs) and new electrical boxes (5yrs). The interior apartments need TLC. Great opportunity to create condo conversion or apartment rentals in one of Brooklyn's most desirable neighborhoods. Only a short distance from the G train, bus stops, and 287 highway. Enjoy booming commercial districts in Greenpoint - Nassau and Manhattan Ave where you'll find a mix of amenities including Boutique shops, Whole-foods, Pizza, Starbucks, Partners Coffee, Crunch Fitness, Walgreens, banks (Bank of America, HSBC, Chase, TD Bank), Peter Pan Donut and Pastry Shop, Eavesdrop, Davey's, Goodbar, El Born, Calexico, Five Leaves. The area is also home to the Nite-Hawk Cinema. Transportation: G Train, L-Train to Manhattan-Bushwick.

The manager has listed the unit size as 4725 square feet.
Unit Size
4,725Ft²
Days on Market
166 days
Land Size
-
Price per sqft
$952
Property Type
Multifamily
Property Taxes
$14,536
HOA Dues
-
Year Built
1919
Listed By
Last updated: 15 days ago (NYSMLS #11223304)

Price History

Date / Event Date Event Price
Dec 28, 2023 Relisted $4,500,000
Relisted
Dec 27, 2023 No longer available -
No longer available
Nov 13, 2023 Listed by Oxford Property Group $4,500,000
Listed by Oxford Property Group

Property Highlights

Exterior Details

Exterior Information

Brick

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
5 Beds
4 Baths
3,850 ft²
$1,078/ft²
$4,150,000 Apr 28, 2021
$4,150,000 Oct 21, 2021
-
Townhouse
3 Beds
3 Baths
4,750 ft²
$758/ft²
$3,600,000 Sep 13, 2018
$3,600,000 Feb 5, 2019
-
House
4 Beds
6 Baths
4,133 ft²
$1,209/ft²
$4,995,000 Apr 13, 2023
$4,995,000 Jul 29, 2023
-
Townhouse
8 Beds
6 Baths
5,625 ft²
$747/ft²
$4,200,000 Apr 29, 2022
$4,200,000 Aug 23, 2022
-
Condo
3 Beds
3 Baths
3,689 ft²
$1,064/ft²
$3,925,000 Mar 5, 2021
$3,925,000 Aug 17, 2021
$1,720/mo
Condo
3 Beds
3.5 Baths
3,455 ft²
$1,375/ft²
$4,750,000 Jun 22, 2015
- Feb 5, 2021
$3,145/mo
Multifamily
12 Beds
6 Baths
4,125 ft²
$968/ft²
$3,995,000 Mar 15, 2024
-
$977/mo
Condo
4 Beds
4 Baths
3,500 ft²
$1,286/ft²
$4,500,000 Jul 6, 2023
-
$1,200/mo
Townhouse
4 Beds
4 Baths
3,600 ft²
$1,389/ft²
$5,000,000 Nov 21, 2023
-
$377/mo
Townhouse
5 Beds
5 Baths
6,000 ft²
$825/ft²
$4,950,000 Jan 15, 2024
-
$963/mo
Townhouse
4 Beds
5 Baths
3,181 ft²
$1,250/ft²
$3,975,000 Sep 28, 2023
-
$495/mo
Townhouse
4 Beds
5 Baths
2,880 ft²
$1,352/ft²
$3,895,000 Dec 4, 2023
-
$448/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

221 Nassau Avenue 221 Nassau Avenue, Brooklyn, NY 11222
  • 5 Units
  • 1 Unit for Sale
More about this Building
221 Nassau Avenue
Want to find out who owns 221 Nassau Avenue, Brooklyn, NY 11222? Get detailed property transactions here .

About Northern Brooklyn


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