Updated 5 years ago
Off Market
45 Diamond Street
Greenpoint, Brooklyn | Driggs Ave & Nassau Ave
24 Rooms8 Beds8 Baths6,600 Square FeetIncome Property
$3,495,000
floors / apts4 / 8
Lot Size25'x100'
ZoneR6B
Building TypeLow-Rise
RE Taxes$16,934
Price Per SF
$530
Building Amenities
- Voice Intercom
- Roof Deck
Property Description for 45 Diamond Street
A rare offering on 45 Diamond Street, located in the bustling neighborhood of Greenpoint, Brooklyn! This Pristine Masonry multifamily building has 8 residential units; 7 out of 8 are completely renovated. It?s the ideal property for both investors and end-users alike, with stable income and can produce a stable 5.2% cap rate. Sitting on a 25' x 100' lot (2,500 SF), the total building size is approximately 6,500 SF with 5,200 SF above grade and a 1,300 SF Full HT basement. There are 2 units per floor with 9.5 FT Ceiling HT and direct roof access on the top floor. R6B Zoning / Tax class 2B.
Situated in the Northernmost region in Brooklyn, Greenpoint is perfectly situated between Williamsburg & Long Island City. This is the premier destination in Brooklyn, offering a diverse selection of restaurants, coffee shops, public parks and trendy retail stores - all within the vicinity. The location is also a short distance away from convenient public transportation options including the G subway line on Nassau Ave.
Listing History for 45 Diamond Street
Now
11/01/2021
TOM by Evan F. Church
Corcoran
09/20/2021
$3,495,000 [-$504,000] [12.6%]
Price Drop by Evan F. Church
Corcoran
Building Details for 45 Diamond Street
OwnershipIncome Property
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts4/8
Transit and Citi Bike
Subway
Nassau Av
0.27 miles
Citi Bike
Nassau Ave & Newell St
0.08 miles
Nassau Ave & Russell St
0.14 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: 81920TH
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