Updated 3 years ago
Off Market
87 Russell Street
Greenpoint, Brooklyn | Driggs Ave & Nassau Ave
Multi-Family
$1,999,000
floors / apts3 / 6
Lot Size28'x100'
Built Size28'x50'
ZoneR6B
Building TypeHouse
RE Taxes$12,083
Outdoor space and views
- Backyard
Property Description for 87 Russell Street
Rare Six Unit Greenpoint property, just across the street from McGolrick Park. Rent-Stabilized with positive cashflow, to be sold fully occupied, with no arrears. Handsome 3 story building, currently configured as 6 1-bedroom units, renovated with modern appliances, hardwood floors, and tile bathrooms. Very well maintained, with recently updated mechanical systems, full basement, and massive 50' rear garden. Superb location on the gorgeous tree-lined block of Russell Street between Driggs and Nassau Avenues, steps from vibrant shopping, cafes, restaurants and nightlife that make the Greenpoint neighborhood so desirable and unique. Rent roll, lease information, income and expenses are available upon request. Shown by appointment only with 48 hour notice.
Listing History for 87 Russell Street
Now
09/12/2023
TOM by Eric Fleming
Corcoran
05/10/2023
$1,999,000 [-$801,000] [28.6%]
Price Drop by Eric Fleming
Corcoran
Building Details for 87 Russell Street
OwnershipMulti-Family
Building TypeHouse
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts3/6
Transit and Citi Bike
Subway
Nassau Av
0.37 miles
Citi Bike
Driggs Ave & N Henry St
0.07 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: 88859TH
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