Description
An exceptional investment opportunity in one of Brooklyn's most sought-after and rapidly appreciating neighborhoods. This solid 3-story, 6-unit walk-up at 695 Meeker Avenue offers immediate cash flow with significant upside.
The building spans approximately 4,536 sq/ft (54x22) across six well-proportioned units, each featuring 2 bedrooms, a living room, dining room, and full bath. The dining room in each unit can be easily converted to a third bedroom, offering a clear value-add path for the next owner.
With $107,000 in annual gross income, real estate taxes of only $12,776 , and a 12-bed/6-bath configuration, the numbers speak for themselves.
Located steps from McGolrick Park and within easy walking distance of both the L and G subway lines, 695 Meeker Ave sits at the center of Greenpoint's ongoing transformation — surrounded by new restaurants, boutiques, and a growing influx of young professionals.
Whether you're a seasoned investor or looking to plant your flag in one of Brooklyn's hottest corridors, this is a rare chance to acquire a cash-flowing asset with real room to grow.
Opportunities like this don't wait. Call and schedule a private tour!
*The information provided is deemed reliable but not guaranteed, including
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Property Details
- Multi Family
Amenities
- Pets: Building Cats O K, Building Dogs O K, Cats O K, Dogs O K
The Neighborhood
Greenpoint is a cozy, slow-moving neighborhood in the northernmost corner of Brooklyn.
While hipness is all but impossible to avoid in northern Brooklyn, Greenpoint’s attitude is a bit more laidback than its neighbors. It is also easily one of the most beautiful areas in Brooklyn. The stunning waterfront views and historic buildings suggest an atmosphere that is comparable to low-key Brooklyn Heights. But dig a little a deeper, and you’ll discover a truly unique nei ... read more
