$2,250,000
For Sale by Owner
Listed 2 months ago

Multi-Family for Sale in Brooklyn, NY

34 Sutton St, Brooklyn, NY 11222
Studio
0 Bath
Built 1940
PropSlick Verified Data Key facts & insights for this exact address
1940
Year Built
$12,354
Property Tax / yr
2,500 sf
Lot Size
Kings
County

Key Facts

Property TypeMulti-Family
Year Built1940
Lot Size2,500 sq ft
Annual Property Tax$12,354

Property Description

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 description provided by the property owner. PropSlick is not responsible for the accuracy of listing descriptions or any claims made by property owners. PropSlick operates as an advertising platform under 47 U.S.C. 230. Report discriminatory content.

Amenities and Features

Air Conditioning
Heating
Gym/Fitness
Backyard/Patio

Property Location

Map shows approximate location. Exact address provided to serious inquirers upon contact.

Property Research
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Sale history, tax records, neighborhood appreciation, and investment analysis for this address.
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