Brooklyn, NY 11222,636 Humboldt ST
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$ 995,000
Est. payment | /mo

2,448 Sqft Lot


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$ 995,000
Est. payment | /mo
Save

2,448 Sqft Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 879444

Rental Info No

Year Built 1931

Annual Tax Amount $16,050

Lot Size 2,448 Sqft

Acres 0.0562

Property Sub-Type Multi Family

Source onekey2

Property Description

Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn's most desirable and rapidly evolving neighborhoods.

636 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request.

NOI - $74,908.42

CAP RATE: 7.53%

Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point.

Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense.

Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.

Location

State NY

County Kings (brooklyn)

Rooms

Basement Storage Space, Unfinished, Walk-Out Access

Interior

Heating Oil

Cooling None

Flooring Hardwood

Fireplace No

Exterior

Utilities Available Trash Collection Public

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Ps 110 Monitor

Middle Schools John Ericsson Middle School 126

High Schools Brooklyn 14

School District Brooklyn 14

Others

Special Listing Condition None

Listed by Keller Williams Points North • Barry J. Paley CBR
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1029 Little East Neck Rd, West Babylon, New York, 11704, USA

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636 Humboldt ST