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636 Humboldt ST Brooklyn, NY 11222
2,448 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
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.
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 (The)
Middle Schools John Ericsson Middle School 126
High Schools Williamsburg Hs-Art-Tech
Others
Special Listing Condition None
Listed by Keller Williams Points North
AFFORDABILITY CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.