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1192 Greene Ave

1192 Greene Ave, Brooklyn, NY 11221
Available Now
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FOR SALEMultifamily / Apartments Building
Building Size
3,204SF
Lot Size
1942SF
Year Built
1950
Year Renovated
2005
Zoning
R6
Occupancy
100%
Listing Contacts
Real Estate Broker
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More property details

Currently Leased
No
Investment
Value Add
Property Class
B
No of Buildings
1
No of Stories
3
Units
3
Ownership
Local

Features & amenities

Location Amenities
Public Transportation
Metro/Subway

Location

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1192 Greene Ave
About the location

This three-story, three-unit building features a four-bedroom apartment on each floor, with the first-floor unit offering direct access to the backyard, while the second- and third-floor units are spacious floor-through layouts. The basement includes an additional three-bedroom apartment with two means of egress. All units are equipped with full kitchens and bathrooms and are individually metered for gas and electric, with meters, a gas boiler, and a gas water heater located in the basement.

The property represents a strong investment opportunity, as all units are free market and offer value-add potential through apartment upgrades and the installation of individual boilers and water heaters. Additional upside includes the ability to duplex the first floor with the basement to create a five-bedroom garden apartment, as well as air rights that allow for the construction of an additional unit above the third floor. The building also appeals to owner-users, who can occupy the first floor and basement while generating income from the upper levels. Located in prime Bushwick at the crossroads of Williamsburg and Bedford-Stuyvesant, the property is just three blocks from the J train at Kosciuszko Street, providing approximately 15-minute access to Manhattan.

Documents

FILE
1192 Greene Avenue Flyer.pdf
536 KB · Listing document
1192 Greene Ave
3,204 SF · multifamily · United States · NY
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