Address
530 Graham, Brooklyn, NY
Price
$ 1,799,000
Property Attributes
- MLS#H6283446
- TypePending
- CountyBROOKLYN
- CityBrooklyn
- Zip11222
- Style
- Year Built1925
- Taxes$ 9720
- Price$ 1,799,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Sqr Footage3750
Data Source:
OneKey® MLS
Property Description
Price Improvement! 6.8% cap rate in an incredible location, where Greenpoint meets Williamsburg. Just steps from McCarren and McGolrick Parks. This six unit property presents an excellent opportunity for either an investor or an owner who can occupy the entire ground floor with a private garden and collect rents from the other 4 units above. Currently, the building consists of 6 spacious one bedroom rent stabilized apartments, 2 of which will be delivered vacant including both ground level apartments. A great value-add opportunity, the purchaser may combine the two ground floor units to create a large 3 bedroom, 2 bathroom apartment with private access to a very large and tranquil backyard. The huge cellar can be kept for private use or shared with tenants for storage. Historic details such as tin ceilings, wall moldings, and fireplace mantles add charm, and all 6 floor-through units get plenty of light. The building has been well maintained by the current owner including a new roof that was recently replaced. This property is close to many highly acclaimed restaurants and neighborhood coffee shops and is an easy walk to the Nassau Ave G train and the Graham Ave L train. This is an excellent opportunity to own a well maintained building in a prime Greenpoint location. The property is tax class protected and tenants pay for electric, which helps keep costs low. Full set up with rent roll and expenses provided upon request. 3,750 square feet Building Dimensions: 25 ft x 50 ft Lot Dimensions: 25 ft x 100 ft Zoning: R6B Annual Taxes: $8,982 Current FAR: 1.5 Max FAR: 2.0 There is an additional 1,250 square feet of buildable area for an extension.
| Elementary School | Middle School | High School |
|---|---|---|
| Call Listing Agent Elementary School | Call Listing Agent Middle School | Call Listing Agent High School |
| Price History | |
|---|---|
| 1/6/2024 | Listed $1,950,000 |
| 2/1/2024 | 8% - $1,799,000 |
General Features
| High School | Call Listing Agent |
|---|---|
| High School District | City of New York |
| Elementary School | Call Listing Agent |
| Middle/Junior High School | Call Listing Agent |
| Middle/Junior School District | City of New York |
| Elementary School District | City of New York |
Interior Features
| Basement | See Remarks |
|---|
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 11222
Price
Taxes
Visits
Year Built
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