101 NOBLE Street #NA

Welcome to 101 Noble Street: a unique twofold offering situated on a coveted Landmarked Block in Greenpoint, Brooklyn! The prospect to construct a most prestigious home sitting is at your fingertips. Sitting on an exceptionally rare 25' x 100' lot, provides the ability for a robust design & luxurious living.... Inclusive with this offering are preliminary plans of a meticulous redesign to create a Noble Street Masterpiece. Most of the leg work is done for a purchaser to simply utilize existing designs to breeze through landmarks / DOB and start building ASAP. Noble Street showcases the premier homes values in North Brooklyn, now eclipsing $5M! Preliminary design plans can be furnished upon request. On the other hand . The property is currently set up as a 3 Unit income producing property yielding the potential for investors to realize an estimated 5% Cap rate with modest Cap-Ex investment to upgrade the units. Take advantage of very low carrying costs and with its preferred tax class 1 status the property offers a sustainable asset. This existing 3,652 SF semi-detached Three Family framed home was built circa 1850 by John Purvis. Some of its nineteenth century scale and original details were retained, such as 3x working fireplaces, moldings and hardwood flooring. The superb location is minutes away from Manhattan, a short distance from the Greenpoint Avenue G subway line and NYC Ferry Terminal on India Street. Greenpoint is the premier destination and residential neighborhood in Brooklyn, offering a diverse selection of restaurants, cafes and trendy retail stores. Easy access to all the local services on Manhattan & Franklin Avenues, McCarren Park and WNYC Transmitter Park and the Pulaski Bridge Pedestrian Path to Long Island City.