34 Sutton St Greenpoint, NY 11222
Greenpoint NeighborhoodEstimated payment $13,988/month
Highlights
- View of Trees or Woods
- High Ceiling
- Soaking Tub
- Main Floor Bedroom
- Eat-In Kitchen
- 4-minute walk to Monsignor McGolrick Park
About This Home
Exceptional Turnkey investment opportunity in the heart of Greenpoint. This well-maintained 6-family building is situated on a desirable tree-lined block and offers strong in-place income with significant upside potential. The property features 10 bedrooms, 7 full bathrooms, a full finished basement with an additional full bath, and a large private backyard with mature trees. The building consists of 3 free-market apartments, 2 rent-stabilized apartments, and one owner-occupied apartment that is presently vacant. Numerous capital improvements have been completed, including four renovated apartments, three updated kitchens, a new boiler (approx. 1 year old), roof (approx. 3 years old), siding (approx. 2 years old), and a professionally installed 24-hour security camera system. The finished lower level offers flexible space for storage, recreation, office, fitness, or other permitted uses, with direct access to the backyard. Ideally located near McGolrick Park, McCarren Park, the G train, NYC Ferry, and Greenpoint's vibrant dining, shopping, and waterfront amenities. This income-producing asset presents an excellent opportunity for investors or 1031 exchange buyers seeking stable cash flow, long-term appreciation, and value-add potential in one of Brooklyn's most sought-after neighborhoods. Financials, leases, operating statements, and maintenance records available upon request.
Listing Agent
Red Jasmine Real Estate Brokerage Phone: 516-784-1019 License #10491204302 Listed on: 06/24/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,354
Year Built
- Built in 1940
Lot Details
- 2,500 Sq Ft Lot
- Back and Front Yard Fenced
Home Design
- Quadruplex
- Brick Exterior Construction
- Aluminum Siding
Interior Spaces
- High Ceiling
- Ceiling Fan
- ENERGY STAR Qualified Doors
- Views of Woods
- Finished Basement
- Basement Fills Entire Space Under The House
- Home Security System
- Eat-In Kitchen
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
- Soaking Tub
Schools
- Ps 110 Monitor Elementary School
- John Ericsson Middle School 126
- A-Tech High School
Utilities
- Cooling System Mounted To A Wall/Window
- Hot Water Heating System
- Natural Gas Connected
- Cable TV Available
Community Details
- 6 Units
- 6 Separate Gas Meters
Listing and Financial Details
- Assessor Parcel Number 02690-0052
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $12,476 | $511,200 | $5,850 | $505,350 |
| 2025 | $11,560 | $639,000 | $5,850 | $633,150 |
| 2024 | $11,560 | $628,200 | $5,850 | $622,350 |
| 2023 | $10,504 | $547,650 | $5,850 | $541,800 |
| 2022 | $10,122 | $543,150 | $5,850 | $537,300 |
| 2021 | $9,269 | $502,650 | $5,850 | $496,800 |
| 2019 | $8,900 | $523,800 | $5,850 | $517,950 |
| 2018 | $8,378 | $65,867 | $772 | $65,095 |
| 2017 | $8,113 | $63,789 | $869 | $62,920 |
| 2016 | $7,621 | $59,111 | $1,007 | $58,104 |
| 2015 | $4,984 | $59,057 | $1,207 | $57,850 |
| 2014 | $4,984 | $54,714 | $1,083 | $53,631 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/24/2026 06/24/26 | For Sale | $2,399,000 | 0.0% | $582 / Sq Ft |
| 10/20/2023 10/20/23 | Price Changed | $3,000 | -6.3% | $4 / Sq Ft |
| 09/29/2023 09/29/23 | Price Changed | $3,200 | -8.6% | $4 / Sq Ft |
| 09/05/2023 09/05/23 | Price Changed | $3,500 | +16.7% | $5 / Sq Ft |
| 09/01/2023 09/01/23 | For Rent | $3,000 | -- | -- |
Source: OneKey® MLS
MLS Number: 1018125
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