191 Calyer St

6 Unit Apartment Building $2,150,000 ($358,333/Unit) Brooklyn, NY 11222

INVESTMENT HIGHLIGHTS

  • High vacancy for potential redevelopment (up to 7500 SF buildable)
  • Subway access at Greenpoint Avenue
  • Close proximity to Brooklyn's best retail, restaurants, and nightlife
  • Family oriented neighborhood

EXECUTIVE SUMMARY

Cushman & Wakefield is pleased to present to market 191 Calyer Street in Greenpoint, Brooklyn. The 4,125 square foot, six-unit property is located just off the corner of Greenpoint’s busiest retail corridor, Manhattan Avenue home to some of the neighborhood’s best retail, restaurants, nightlife and grocers.
The offering will be delivered with three of the six units vacant at close. Additionally, there is ~750 square feet in the basement that can be converted to rentable square footage, with egress in the front and back of the property.
191 Calyer gives investors the opportunity for steady cash-flow after lease-up, as well as end-users a path to town-home conversion.
Please direct all inquiries to Cushman & Wakefield.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,150,000
Price Per Unit $358,333
Sale Type Investment
Sale Conditions High Vacancy Property
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.06 AC
Building Size 5,250 SF
Average Occupancy 50%
No. Stories 3
Year Built 1930

UNIT AMENITIES

  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 6 - 744
Walk Score®
Walker's Paradise (99)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (96)

PROPERTY TAXES

ZONING

Zoning Code C4-3A (7500 total buildable SF.)
  • Listing ID: 34381278

  • Date on Market: 1/6/2025

  • Last Updated:

  • Address: 191 Calyer St, Brooklyn, NY 11222