Linecity
BuyRent
Agents

Agent Search

Enter Agent Name
BuildingsNeighborhoodsBlogAwards Show
Sign UpLog In
57 Driggs Ave
Greenpoint, Brooklyn | Sutton Street & Kingsland Ave
12 Rooms6 Beds6 Baths5,749 Square FeetMulti-Family
$3,200,000
$3,200,000
Updated 4 years ago
Sold

57 Driggs Ave

Greenpoint, Brooklyn | Sutton Street & Kingsland Ave

12 Rooms6 Beds6 Baths5,749 Square FeetMulti-Family

$3,200,000
floors / apts3 / 5
Lot Size25'x100'
ZoneR6B
Building TypeLow-Rise
RE Taxes$21,557
Price Per SF
$557

Outdoor space and views

  • Terrace
  • City Views
  • Park Views

Building Amenities

  • Voice Intercom

Property Description for 57 Driggs Ave

Compass Commercial is pleased to present 57 Driggs Avenue. 57 Driggs is a 5750 SF, fully free-market brick 4 family over 2,500 SF of SouthEastern facing commercial corner frontage. The property is tax class protected, and has significant upside potential rarely available in this area of North Brooklyn. This rare, value-added opportunity is ideally located in one of the most vibrant and fast-growing sections of Brooklyn, on the border of Williamsburg and Greenpoint. It's within walking distance to both the L and G trains, and located only 1 block from beautiful McGolrick Park. Each unit is individually metered so tenants pay for their own utility usage, and there is a separate water meter for the commercial space. This property represents a tremendous repositioning opportunity, especially with current commercial rent comps at nearly four dollars per foot. This is a quality asset, ready for new generational ownership, and presents a realistic 7.5% Pro Forma Cap Rate. Metrics: -4 residential units -2,500 SF of corner Commercial/retail with full basement that has 9 ft ceilings -All units individually metered for utilities. -Protected tax class 2A -Nearby Trains: L & G

Listing History for 57 Driggs Ave

Now
06/29/2022
Sold and Closed by Jeff L. Valcourt
Compass
06/06/2022
Contract Signed by Jeff L. Valcourt
Compass
Load More

Building Details for 57 Driggs Ave

OwnershipMulti-Family
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1928
Floors/Apts3/5
Learn More About the Building

Transit and Citi Bike

Citi Bike

Driggs Ave & N Henry St
0.11 miles
Morgan Ave & Lombardy St
0.13 miles

Contact Agent

Contact Agent

Jeff Valcourt
Compass

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. 

More

Featured on the Linecity Blog

Newly Released Developments

More Condos for McGuinness Boulevard. Parker House launches sales in Greenpoint

Sales have been launched at the Parker House, a new boutique condominium in the Greenpoint neighborhood of Brooklyn.  The mid-block development at 183 McGuinness Boulevard is located between Meserole Avenue and Calyer Street and is one of a multitude of residential projects currently transforming this section of McGuinness Boulevard. The six-story building will contain 2...

posted on May 31, 2022
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: 80040TH
Let us know if you see something incorrect on this listing.
Line City

Find home.  Discover happiness.TM

About LinecityTermsPrivacyListings PolicyContact UsFeedback
Linecity © 2026.  All rights reserved.