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Map
$4,500,000
●
Multifamily -
For Sale
221 Nassau Ave
Brooklyn, NY 11222
Studio
5 Baths
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.
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
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
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
-
Sold
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
-
Sold
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
Active
Multifamily
12
Beds
6
Baths
4,125 ft²
$968/ft²
$3,995,000
Mar 15, 2024
-
$977/mo
Active
Condo
4
Beds
4
Baths
3,500 ft²
$1,286/ft²
$4,500,000
Jul 6, 2023
-
$1,200/mo
In Contract
Townhouse
4
Beds
4
Baths
3,600 ft²
$1,389/ft²
$5,000,000
Nov 21, 2023
-
$377/mo
Active
Townhouse
5
Beds
5
Baths
6,000 ft²
$825/ft²
$4,950,000
Jan 15, 2024
-
$963/mo
Active
Townhouse
4
Beds
5
Baths
3,181 ft²
$1,250/ft²
$3,975,000
Sep 28, 2023
-
$495/mo
Active
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