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Active - House for sale
530 Graham Avenue, Greenpoint, NY 11222
Facts & features
Why you’ll love it
- New roof
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 is an excellent opportunity for an investor or an owner who can occupy the entire ground floor with private garden and collect rents from the other 4 units. Currently, the building consists of 6 spacious one bedroom rent stabilized apartments, 3 of which will be delivered vacant including both ground level apartments. Purchaser may combine two ground floor units to create a large 3 bed/2 bath apartment with private access to a large and tranquil backyard. Historic details including tin ceilings, wall moldings, and fireplace mantles add charm. All 6 floor-through units get plenty of light. Building has been well maintained including new roof. Property is close to restaurants, coffee shops, and an easy walk to the G & L trains. No open permits or violations, tax class protected, tenants pay for gas and electric.
Listed by: Jonathan W. Wade • WillWade@elegran.com • Elegran LLC
Co-listed by: Elegran LLC
Come see by yourself
Affordability
$11,367/mo
- Mortgage$10,619
- Property tax$749
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
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Travel times
About Greenpoint
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Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
