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$4,500,000   Price Analysis
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221 Nassau Ave
Brooklyn, NY 11222
Unknown bed 5 bath 4,725 SqFt ($952/SqFt)
Built 1919
Listed 2023-11-13
Ⓧ USDA Ineligible
due to price & location

near Brooklyn

The Devon Group is excited to present this 5-unit plus commercial storefront corner property in Prime Greenpoint

Located on the northwest corner of McGolrick Park. This building consists of 5 residential units and one commercial unit which was formally a 1500 SF restaurant on the ground floor. The lot Measuring 25 feet wide and 85 feet long, the building totals shy of 5, 000 square feet. In the rear is a parking for two cars. The below-ground basement is large and can provide ample storage for the restaurant or tenants. The building has been well maintained with a working roof (6-7 yrs), newer mechanicals (3-4 yrs) and new electrical boxes (5yrs).

The interior apartments need TLC. Great opportunity to create condo conversion or apartment rentals in one of Brooklyn's most desirable neighborhoods. Only a short distance from the G train, bus stops and 287 highway. Enjoy booming commercial districts in Greenpoint - Nassau and Manhattan Ave where you'll find a mix of amenities including Boutique shops, Whole-foods, Pizza, Starbucks, Partners Coffee, Crunch Fitness, Walgreens, banks (Bank of America, HSBC, Chase, TD Bank), Peter Pan Donut and Pastry Shop, Eavsdrop, Davey's, Goodbar, El Born, Calexico, Five Leaves. The area is also home to the Nite-Hawk Cinema. Transportation: G Train, L-Train to Manhattan-Bushwick.


Presented by Devon Benedict at
Oxford Property Group.


Property MLS #11223304 from MyStateMLS

Full Bathrooms: 5

Heating Features: Baseboard
Heating Fuel: Natural Gas

Flooring: Hardwood

Basement Sqft: 1000

Garage Spaces: 2

Association: No
Association Fee Amenities: Greenpoint
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 14536
Source Listing Status: Active
County: 36047
Availability Date: 2023-11-12
Directions: NW corner of McGorlick
Source Property Type: Multi-Unit (5+)
Area: Kings
Source Neighborhood: Kings
Source System Name: C2C

Listed 2023-11-13
$4,500,000
MyStateMLS

Total Square Feet Living: 4725
Year Built: 1919
Building Features: Building Rooftop Access: Y
Property Age: 105
Levels or Stories: 3
Structure Type: Masonry - Brick

Ps 110 The Monitor is a public elementary school located approximately 0.2 miles away.
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St Stanislaus Kostka Catholic Academy is a private elementary and middle school located approximately 0.2 miles away.
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John Ericsson Middle School 126 is a public middle school located approximately 0.5 miles away.
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Northside Charter High School is a public high school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.