$4,500,000 Price Analysis 221 Nassau AveBrooklyn, 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 |
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
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.