5-Unit Multifamily Building in Greenpoint

179 Huron Street, Brooklyn, NY

Market Price

Price

6.2%

Cap Rate

$220,182

NOI

Overview
Cap Rate
6.2%
NOI
$220,182
Building Size
4,125 sqft
Lot Area
2,500 sqft
Units
5
Year Built
1931
Zoning
R6B
Floors
3
Description

TerraCRG has been retained to exclusively represent ownership in the sale of the 5-unit multifamily building at 179 Huron Street in the Greenpoint neighborhood of Brooklyn.

The three story 4,125 square foot building has four vacant residential units plus one rent stabilized unit. The ground floor unit has access to a large backyard. The 25 ft wide building is situated on Huron Street just off Manhattan Avenue.

179 Huron Street is just three blocks from the G train
at the Greenpoint Ave stop.

Highlights
  • Total Units - 5
  • Vacant Units - 4
  • Building Dimensions - 25 ft x 55 ft
  • Stories - 3 + Basement
  • NOI - $220,182
  • Offering Cap Rate - 6.2%

Location
Gallery