List Search

756 Greene Ave
Brooklyn, NY 11221 Stuyvesant Heights

$2,400,000 USD

Multifamily For Sale  •  3,465 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 3,465 SF
  • Year Built 2000
93 Transit Score
86 Walk Score

Highlights

Fully Free Market: The property has no history of rent regulation.
Cashflow + Upside: Currently grossing $157K+ per year, with upside ready to be unlocked as apartments renew or are re-leased at market rate.
High End Finishes: The entire property is fully renovated with high end finishes, separate utilities, individual heating and cooling (split units), qu
Owner-User Opportunity: The building, neighborhood, and architecture all lend well to a hybrid owner/user/investor living in one or more of the units
Proximity to Subway: Located within 4 blocks of the 2, 3, and 5 trains, with access to Downtown Brooklyn and Union Square within 20-30 minutes.
Protected Tax Class: 2A tax class limits tax increases to no more than 8% a year or 30% over 5 years.

Public Transportation

Commuter RailDriveWalkDistance
Nostrand Avenue Station (Far Rockaway Branch - Long Island Rail Road, Hempstead Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 1.8 mi
East New York Station (Far Rockaway Branch - Long Island Rail Road, Long Beach Branch - Long Island Rail Road, West Hempstead Branch - Long Island Rail Road) 6 min - 2.5 mi
Transit/SubwayDriveWalkDistance
Kosciuszko Street (J - New York MTA Subway (The Subway)) 2 min 13 min 0.7 mi
Myrtle Avenue (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway), Z - New York MTA Subway (The Subway)) 3 min 13 min 0.7 mi
Flushing Avenue (J,M Line) (J - New York MTA Subway (The Subway), M - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Kingston-Throop Avenues (A - New York MTA Subway (The Subway), C - New York MTA Subway (The Subway)) 5 min 17 min 0.9 mi
Myrtle-Willoughby Avenues (G - New York MTA Subway (The Subway)) 4 min 18 min 0.9 mi
AirportDriveWalkDistance
LaGuardia 21 min - 9.1 mi
John F Kennedy International 23 min - 10.7 mi
Newark Liberty International 31 min - 16.5 mi
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services
DJ Johnston 914-584-7422 Matthews Real Estate Investment Services