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About This Home

This 0-bedroom, 0-bathroom residential multi family at 34 Sutton Street in Brooklyn, NY is listed for $2,399,000. Built in 1940, on a 0.06 acres lot.

Agent 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.

Key Features

  • Built in 1940
  • 0.06 acre lot

Property Details

1940

Amenities

A/C

Monthly Cost Estimate

$12,830/mo

20% down · 6.5% · 30 years

Principal$1,735
Interest$10,396
Insurance$700

Estimates only. Actual payments may vary.

Location

34 Sutton Street

Brooklyn, NY 11222

Features & Amenities

Interior Features

First Floor BedroomFirst Floor Full BathCeiling Fan(s)Eat-in KitchenENERGY STAR Qualified Door(s)High CeilingsOpen KitchenSoaking Tub

Property Details

Construction

Aluminum Siding Brick

Heating

Hot Water(Heating)

Cooling

ElectricWindow Unit(s)Wall/Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 34 Sutton Street is listed at $2,399,000. The estimated monthly payment is $10,396 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.06 acre lot. Interior Features: First Floor Bedroom, First Floor Full Bath, Ceiling Fan(s).

This property is listed by Karina M. Guevara CBR and can be reached at 5167841019 or redjasminerealty@gmail.com.

KC

Karina M. Guevara CBR

Agent at Red Jasmine Real Estate

(516) 784-1019

Listed by Red Jasmine Real Estate · View on Broker Site

MLS# 1018125· Source: listhub· Updated 20 days ago

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34 Sutton Street, Brooklyn, NY 11222

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