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67 Norman Avenue
About This Property
Formerly a multifamily building, this 4 bedroom single family gem just underwent a gut renovation redevelopment with function, timeless contemporary design and quality materials as the foundation of the project. Designed with intention, you will enjoy a great floorplan with incredible amounts of storage and great flow. The home has 10ft+ ceilings, brand new plumbing, electric and ducted HVAC, fully furnished closets interiors and a wired video intercom system. The kitchen has high end appliances, custom hardwood maple and oak cabinetry and beautiful marble countertops. The house has 3 full bathrooms and 2 half bathrooms. The primary en-suite bathroom has a smart toilet, high end full teak vanity, free standing tub, and a large shower with seat and multifunction shower. The large primary suite fits a king bed and has an XL fully built closet. The primary floor also has an extra cozy family room that could also be converted into a 5th bedroom if needed. Upstairs, the ceilings get higher for 3 more bedrooms, two that are quite large and one which is perfect for a home office or nursery. There is also a windowed finished basement with access to the front and back of the property. Lastly the home is hardwired with CAT6 for the WFH employee that needs high speed internet. Come explore this one of kind passion project.
This outstanding location at the border of Greenpoint and Williamsburg is at the epicenter of Brooklyn's best amenities and attractions. Just over a block away, beloved McCarren Park offers a pool, track, tennis, a greenmarket and more, while revitalized waterfront parks deliver extraordinary outdoor space and recreation alongside iconic city views. Explore fantastic shopping, dining and nightlife venues along Manhattan and Franklin avenues, or visit one of the chic local hotels, including the William Vale and Wythe Hotel. If live music is your passion, Warsaw, Brooklyn Bowl and the Williamsburg Hall of Music are all nearby. The G train is just 300 feet from your door, and the L train, excellent bus service, two ferry terminals and CitiBikes are within easy reach, providing easy access to the rest of the city and beyond.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 20, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Listed by Compass | $3,675,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017