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242 Kingsland Ave Building, Brooklyn, NY 11222

$2,975,000
Listing Details:
$2,975,000 Price
Townhouse Property Type
Greenpoint Neighborhood
12 Beds
6 Baths
-- Approx. Sq. Ft.
$866 RET
Key Features:
Prewar
Allows Pets
Description:

242 Kingsland Avenue is a well maintained 6-unit, 3 story brick building with a full height cellar. It spans approximately 6,500 sq ft and has been consistently renovated over the years. The apartments are in great condition with modern kitchens and bathrooms. The mechanical systems are also up to date. Situated on a lovely tree lined street, the building is built 25' x 65'.

Projected Rent Roll: $180,000
Current annual taxes: $10,402
Other annual expenses: $11,000
Lot: 25100
Built: 25x65
Units: six (5 apt's are free market / 1 apt is rent stabilized)
Stories: 3 + full height cellar
There are separate electric meters and cooking gas meters for each unit.
242 Kingsland is a functioning investment property with 2 vacancies ready for immediate occupancy. Near the L train at Graham and the G train at Nassau, B48 Bus. You can be in Manhattan in 30 minutes.

Listing courtesy of The Corcoran Group

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