$3,400,000
PENDING

Estimated payment $19,490/month

Total Views 4,402
8 Beds
5 Baths
4,800 Sq Ft
$708 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • 2-minute walk to McGolrick Playground
  • High Ceiling
  • No Heating

About This Home

*All tours are by appointment only.The VaIcourt Team has been exclusively retained to facilitate the sale of 221 Nassau Avenue, a semi-detached, mixed-use corner building consisting of four residential apartments and one ground-floor commercial unit.At nearly 4,800 sq. ft., the building is perfectly situated on a 25' x 85' lot that sits directly across the street from the center north entrance to McGolrick Park. With its close proximity to the Nassau Ave G train, 221 Nassau is enhanced by local grocery stores, restaurants, coffee shops, Citibike stations, and nightlife.Bring your architect and engineer, because this offering presents an excellent repositioning opportunity, rarely available in Greenpoint, one of Brooklyn's most sought-after neighborhoods. The property is zoned R6B, C2-4, benefits from protected tax class 2A, and can be delivered vacant.

Listing Agent

Jeff Valcourt

Compass License #10301217564 Listed on: 09/12/2024

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,500

Year Built

  • Built in 1919

Lot Details

  • Lot Dimensions are 25.000000x85.000000

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 4,800 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wood Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Greenpoint Subdivision

Listing and Financial Details

  • Legal Lot and Block 33 / 02655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,500

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property SubType: Multi Family
  • Property Type: Residential
  • Neighborhood: Greenpoint
  • Entry Level: 1
  • Structure Type: Mixed Use
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Interior Features: High Ceilings
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 4800.0
  • Living Area Units: Square Feet
  • Rooms (Total): 16
  • Window Features: Bay Window(s)

Beds/Baths

  • Full Bathrooms: 5
  • Bathrooms Integer: 5
  • Bedrooms: 8

Exterior Features

  • View: No

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Laundry Features: See Remarks
  • Cooling: No
  • Heating: No

Condo/Co-op/Association

  • Common Charge/Maintenance Fee Frequency: Monthly
  • Association: No
  • Common Interest: None

Lot Info

  • Lot Size Units: Square Feet
  • Lot Size Dimensions: 25.000000x85.000000

Building Info

  • New Construction: No
  • Units: 4
  • Total Stories: 3
  • Year Built: 1919

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Block: 02655
  • Tax Lot: 33
  • Tax Annual: 16500.0

Multi Family

  • Building Area Units: Square Feet

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,509 $637,650 $272,700 $364,950
2024 $16,509 $531,360 $272,700 $258,660
2023 $15,006 $664,200 $272,700 $391,500
2022 $10,874 $664,200 $272,700 $391,500
2021 $13,467 $643,500 $272,700 $370,800
2020 $10,087 $707,850 $272,700 $435,150
2019 $12,811 $711,450 $272,700 $438,750
2018 $11,321 $94,099 $42,460 $51,639
2017 $11,125 $91,153 $47,052 $44,101
2016 $8,638 $84,445 $48,050 $36,395
2015 $5,570 $84,373 $56,560 $27,813
2014 $5,570 $78,136 $62,882 $15,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Pending -- -- --
09/12/2024 09/12/24 For Sale $3,400,000 -- $708 / Sq Ft
Source: Real Estate Board of New York (REBNY)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: Real Estate Board of New York (REBNY)

MLS Number: RLS11009161

Real Estate Board of New York (REBNY)

APN: 02655-0033