Updated 2 years ago
Sold
145 Nassau Ave
Greenpoint, Brooklyn | McGuinnes Blvd & Newel Street
14 Rooms5 Beds5 Baths3,912 Square FeetMixed Use
$2,700,000
floors / apts4 / 3
Lot Size75'x20'
Built Size75' wide
ZoneR6B
Building TypeLow-Rise
RE Taxes$36,000
Price Per SF
$690
This property was sold for $2,700,000 on 10/03/24.
Building Amenities
- Voice Intercom
Property Description for 145 Nassau Ave
Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint!
This ??unique mixed-use property is more than just real estate; it’s a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors’ and developers’ dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures.
The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms.
The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don’t miss out on this chance to secure this incredible property for your real estate portfolio.
Contact me today for more details and to schedule a private tour.
Listing History for 145 Nassau Ave
Now
10/03/2024
$2,700,000
Sold and Closed by Olgierd Minkiewicz
Compass
07/02/2024
Contract Signed by Olgierd Minkiewicz
Compass
Building Details for 145 Nassau Ave
OwnershipMixed Use
Building TypeLow-Rise
Service LevelVoice Intercom
AgePre-War
AccessWalk-up
Year Built1931
Floors/Apts4/3
Transit and Citi Bike
Subway
Nassau Av
0.2 miles
Citi Bike
Nassau Ave & Newell St
0.01 miles
Leonard St & Nassau Ave
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: 92519TH
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