$995,000

636 Humboldt Street, Brooklyn, NY 11222

  • 4,190 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon2,448sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $237/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 636 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request. NOI - $74,908.42 CAP RATE: 7.53% Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point. Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense. Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.

Listing Status:
Active
Listing Office:
Keller Williams Points North : 516-865-1800
MLS ID:
879444
  • Basement: Storage SpaceUnfinishedWalk-Out Access
  • Flooring: Hardwood
  • A/C: None
  • Heating: Oil

This listing courtesy of Keller Williams Points North

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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