$4,850,000 $5,300,000
Updated 12 hours ago
88 Views
Greenpoint, Brooklyn | Manhattan Ave & Graham Ave
14 Rooms8 Beds4 Baths5,540 Square FeetMulti-Family

$4,850,000 $5,300,000
floors / apts3 / 4
Lot Size50'x100'
Built Size22'x45'
ZoneR6B
Building TypeHouse
RE Taxes$7,170
Price Per SF
$875

Outdoor space and views

  • Backyard

Building Amenities

  • Driveway
  • Garage

Property Description

Presenting a RARE Opportunity To Own a 50' x 100', 10,000 SF buildable at 136-138 Frost St. . Positioned in the core of East Williamsburg.

Classified as Four-Family Home (R6B), 138 Frost recently has had new boilers installed so each tenant has its own boiler. This is an unbelievable opportunity to develop 10,000 sq. ft. residential property. The MTA's Reversal of the planned L Train shutdown increases the potential upside for this offering.

138 Frost is located in the most desirable area of East Williamsburg, surrounded by restaurants, cafes, and retail shops. The Graham L & Lorimer G subway lines are all merely minutes away.

Bring your architect & engineer to realize the full potential of this unique opportunity! All measurements (including square footage and dimensions) should be independently verified by the buyer.

Listing History

Now
06/21/2021
$4,850,000 [-$450,000] [8.5%]
Price Drop by Cono Natale
Corcoran
2021

Building Details

OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1901
Floors/Apts3/4
Learn More About the Building

Transit and Citi Bike

Subway

Graham Av
0.25 miles
Lorimer St
0.34 miles
Metropolitan Av
0.45 miles
Grand St
0.5 miles

Citi Bike

Graham Ave & Withers St
0.09 miles
Graham Ave & Herbert St
0.11 miles

Greenpoint | Brooklyn

Quick Profile

Go north, not west. Greenpoint’s placement at the furthermost tip of Brooklyn makes it peak “North Brooklyn” territory. Bordered by the East River, its geographical location has long made Greenpoint integral to maritime activity, present day ferry service to Manhattan included. With Williamsburg to the south and Long Island City to the north, Greenpoint’s “hip factor” often experiences crossover traffic from these areas. 

Particularly bustling on the weekend, the edge of McCarren Park at Bedford Avenue and Lorimer Street filters out into prime Greenpoint, where brunch has become a hallowed tradition for newer and longtime residents alike. Bars and restaurants such as Spritzenhaus and Five Leaves also provide close proximity to a post-dining jaunt in the park. 

As the neighborhood continues to grow and develop, the old world feel of a tradition of Polish immigrants has commingled with the arrival of enterprising millennials that have become a part of the go-getting spirit of the neighborhood. Filled with small coffee shops, vintage boutiques and award-winning restaurants (as well as tailored bars like TØRST offering up specialty beers on tap), Greenpoint truly is the jewel of North Brooklyn. 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.
OLR ID: 75803TH