75 Beadel Street

DEAL FELL THROUGH - BACK ON THE MARKET - NEW PRICE! Over 5% CAP.

Welcome to 75 Beadel Street in Greenpoint, Brooklyn, a 4-unit stone facade townhouse now listed for sale, ideal as an investment opportunity or a private owner residence with additional rental income. This turnkey carefully maintained and updated property has it all including a stream of income to help pay your monthly mortgage or over a 5% Cap Rate (at the asking price.) This multifamily home boasts 7 bedrooms, 4 full bathrooms, plus historical prewar architectural details throughout the common areas and some units, an enormous basement (58 ft long) currently set up for shared laundry, storage and bike room, utilities and direct access to the large multilevel backyard perfect for BBQ-ing and al fresco entertaining. All major systems and the units themselves have been updated. The opportunity exists with the first level floor-through unit plus basement to create and customize an expansive owner duplex with sole private garden use, plus keeping 2-3 rental units for income (approx. $6100/month EXTRA INCOME without rent considered from Unit 1/owner's unit).
THERE ARE TENANTS IN PLACE SO ACCESS IS LIMITED. NO SAME DAY SHOWINGS. ADVANCE NOTICE REQUIRED. PROOF OF VAX OR RECENT NEG TEST AND MASK WORN PROPERLY REQUIRED TO SHOW.

This house is currently configured as 4 separate rental apartments:
- FIRST FLOOR (unit #1): full floor 2BR (plus Home Office/Den), 1BA with direct access to garden;
- SECOND FLOOR (units #2, #3)- two 1BR, 1BA units;
- THIRD FLOOR (unit #4): one full floor 3BR, 1BA unit. The house is 20 ft wide x 55 ft deep, sits on a 100 ft lot, and has 3300 SF of interior space with updated or replaced mechanical and structural systems including - electrical, plumbing, boiler, water tank, some appliances, and roof with an added central skylight and spectacular skyline views of Manhattan.

The house is located just 6 blocks to Cooper Park, 8 blocks to McGolrick Park, 15 min to McCarren Park, and sits in between numerous go-to destinations. Inquire for more details, to schedule a visit by appointment, or a virtual tour. All units are currently occupied so we require at least 24 hours notice to show.