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42 Driggs Avenue

Brooklyn, NY 11222
  • $4,390,000
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 859046
UPDATED: 54 min ago
$4,390,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1931
County:
Area:

School Ratings & Info

Description

Welcome to an exceptional investment opportunity in the heart of Greenpoint, Brooklyn! This stunning, newly renovated 6-family building presents a rare chance to capitalize on a thriving rental market in one of Brooklyn's most desirable neighborhoods. Meticulously remodeled, each unit boasts brand new, high-end finishes, including in-unit washer/dryers for ultimate convenience. Imagine your tenants enjoying queen-sized bedrooms bathed in natural light, sleek new kitchens with stainless steel appliances, and spacious living rooms perfect for relaxing and entertaining. Each unit also features two beautifully tiled bathrooms, one with a refreshing standing shower and the other with a luxurious deep soaking tub. The primary bedroom offers the added benefit of an en-suite bathroom and double closets. With central heat/AC, hardwood floors throughout, and soaring ceilings that enhance the sense of space, these units offer a modern and comfortable living experience. Currently fully occupied and generating impressive cash flow, this FREE-MARKET property provides the flexibility to maximize your return on investment. Located in the vibrant Greenpoint neighborhood, tenants will revel in easy access to trendy restaurants, charming boutiques, and a lively nightlife scene. Don't miss your chance to own this incredible income-producing property!

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-25T00:18:29.653.
www.sheilestate.com/homes/163450876
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42 Driggs Avenue Brooklyn, NY 11222

  • Price: $4,390,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 54 min ago
  • MLS #: 859046
0
Beds
0
Baths
0
½ Baths
0.05
Acres
1931
Built
Neighborhood:
New York
County:
Brooklyn
Area:
New York
Property Description
Welcome to an exceptional investment opportunity in the heart of Greenpoint, Brooklyn! This stunning, newly renovated 6-family building presents a rare chance to capitalize on a thriving rental market in one of Brooklyn's most desirable neighborhoods. Meticulously remodeled, each unit boasts brand new, high-end finishes, including in-unit washer/dryers for ultimate convenience. Imagine your tenants enjoying queen-sized bedrooms bathed in natural light, sleek new kitchens with stainless steel appliances, and spacious living rooms perfect for relaxing and entertaining. Each unit also features two beautifully tiled bathrooms, one with a refreshing standing shower and the other with a luxurious deep soaking tub. The primary bedroom offers the added benefit of an en-suite bathroom and double closets. With central heat/AC, hardwood floors throughout, and soaring ceilings that enhance the sense of space, these units offer a modern and comfortable living experience. Currently fully occupied and generating impressive cash flow, this FREE-MARKET property provides the flexibility to maximize your return on investment. Located in the vibrant Greenpoint neighborhood, tenants will revel in easy access to trendy restaurants, charming boutiques, and a lively nightlife scene. Don't miss your chance to own this incredible income-producing property!
Exterior Features

Property Attached YN Yes Stories Total 3 Waterfront YN No

Interior Features

Basement YN Yes Cooling Central Air

Property Features

Building Area Total 4500 Gross Income 310000 Heating Forced Air Lot Size Area 2094 Net Operating Income 290048 Property Sub Type Multi Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 10456.56 Tax Source Municipality Utilities See Remarks Water Source Public Zoning R6B

Listing courtesy of Zalman L. Pavel of Zalman L. Pavel:
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Sheil Estate | Coldwell Banker Realty. Data last updated: 2025-05-25T00:18:29.653.
 
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