143 Kingsland Avenue

Greenpoint, NY 11222
$2,000,000
8 beds | 4 baths | 0.05 acres | #3590615

Description

Welcome to 143 Kingsland Ave, a unique investment opportunity in the heart of Greenpoint! Currently configured as a charming two-family residence, this property offers incredible potential with approved plans poised for conversion into a lucrative six-family dwelling. Property Highlights: Current Configuration: The building features two well-appointed units, each with distinct living spaces that are perfect for dual-income living or maintaining long-term renters. Approved Plans: Take advantage of the already approved plans for transformation into a six-family residence. This is your chance to capitalize on the thriving rental market in Greenpoint, known for its vibrant community, chic amenities, and proximity to public transportation. Location: Situated in a prime Greenpoint location, 143 Kingsland Ave offers easy access to local cafes, restaurants, parks, and entertainment options. Commuters will appreciate the quick access to the L train, connecting residents to Manhattan and beyond. Investment Potential: With the growing demand for housing in this area, converting this property into a six-family dwelling presents a significant opportunity for cash flow and long-term appreciation in a rapidly developing neighborhood.Additional Features: The property boasts a spacious backyard, ideal for outdoor gatherings or green space, as well as ample street parking, offering convenience for residents and guests alike. This property is a rare find in a hot market, and whether you're looking to maintain its current use as a two-family home or pursue the approved plans for expansion, 143 Kingsland Ave is poised to be a sound investment for the savvy buyer. Don't miss out on this exceptional opportunity-schedule your private showing today!
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  • Interior Details
    • Heating & Cooling
      • Heating:Other, See Remarks
    • Beds & Baths
      • Bedrooms:8
      • Bathrooms:4
      • Full Baths:4
  • Property Details
    • Measurements
      • Acres:0.05
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Basement:1
    • Condition
      • Year built:1910
  • Utilities / Energy Details
    • Utility
      • Sewer information:Public Sewer
      • Utility source:Public
  • Community and Neighborhood Details
    • Location
      • School district:Brooklyn 14
      • Middle School:Brooklyn Prep High School
      • High School:East Williamsburg Scholars
      • County:Brooklyn
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 000, 000
      • Taxes annual:$5, 872
  • Other
    • Source
      • MLS #:3590615

Location

Keller Williams LandmarkAsk Vinny Thompson team
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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