$4,200,000
Updated 4 years ago
Sold

141 Engert Ave

Greenpoint, Brooklyn | McGuinness Blvd South & Humboldt Street

18 Rooms8 Beds6 Baths5,625 Square FeetMulti-Family

$4,200,000
floors / apts3 / 4
Lot Size25'x95'
ZoneR6B
Building TypeLow-Rise
RE Taxes$15,971
Price Per SF
$747

Outdoor space and views

  • Terrace

Building Amenities

  • Voice Intercom

Property Description for 141 Engert Ave

Once in a lifetime opportunity! First time on the market in close to a century. 141 Engert presents a unique investment to a plethora of buyers and developers. The dramatic turn of the century facade with natural stone arches, original cornice and beautiful brickwork encases over 5,600 sqft of living space. The 25x95 property is built full on the lots first floor and cellar, and is currently setup as 4 free market residential apartments, and 4 commercial spaces but there is so much flexibility its amazing. Savy business owner? Why not own your space instead of being at the mercy of your landlord and collect rent from the apartments above. For developers, the owners have approved plans to convert the structure into 8 residential apartments, with ground floor duplexes and private terraces (Plans available upon request). When completed this trophy building will be a cash cow. Can be delivered vacant. Greenpoint is one of the hottest markets in the city and with good reason. Some of the best dining and nightlife has been established here and the cultural scene is second to none. With residential rents at an all time high, this is the perfect opportunity to break into this high demand market.

Listing History for 141 Engert Ave

Now
08/23/2022
$4,200,000
Sold and Closed by Justin Daly
Compass
06/22/2022
Contract Signed by Justin Daly
Compass

Building Details for 141 Engert Ave

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1920
Floors/Apts3/4
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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: 85405TH