SOLD FOR $2,700,000
· Sold at asking price · Closed October 16, 2024
$2,700,000
$690 per sq ft
145 Nassau Avenue
MLS® #RLS10988695
Listing by Compass
5
Bedrooms
5
Baths
3,912
Sq. Ft.
1931
Year Built
Sale Details
Property Summary
Description
Introducing a once-in-a-lifetime investment opportunity in the heart of Greenpoint! This ??unique mixed-use property is more than just real estate; it’s a gateway to endless possibilities. Situated on a 1,500sf lot in a versatile R6B/C2-4 zoning district and with 75 feet of frontage, this 4-story property is an investors’ and developers’ dream. Located on the prime corner of Nassau Ave and Newel St., this property attracts ?considerable foot traffic in one of the most sought-after pockets of Greenpoint. 145 Nassau Avenue is in excellent condition and can be delivered vacant or with residential tenants in place. Surrounded by low-rise buildings, the property allows significant light and air exposures. The property features over 1,300sf of ground floor commercial space and 3 residential apartments (two 2 bedroom and one 1 bedroom). All residential units receive ?outstanding natural light and have been renovated and very well maintained. Each unit offers corner bedrooms, hardwood floors, dishwashers, washer/dryers and marble bathrooms. The potential for growth is immense. With a prospective Cap Rate of 7.26% this is hands down the best deal on the market right now. Don’t miss out on this chance to secure this incredible property for your real estate portfolio. Contact me today for more details and to schedule a private tour.
Property Details
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Listing courtesy of Olgierd Minkiewicz at Compass. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved.