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    638 Humboldt St Brooklyn, NY 11222

    Picture of Apartment buildings at Humboldt St 638, Brooklyn, NY
    Pending
    For Sale
    $895,000

    Multi Family - Brooklyn, NY

    Type:Single Family Attached
    Property size:
    4,190 SF
    Lot size:
    0.06 Acres
    Days on Market:
    95
    Last Refresh:
    Dec 8 at 2:06 am

    Property Features for 638 Humboldt St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Pending
    Rooms
    Basement
    APN
    02686-0059
    Basement Y/N
    1
    Size
    4,190 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Oil

    Building Details

    Year built
    1931
    Number of units
    6
    Flooring type
    Hardwood
    Building materials
    Brick
    Architectural style
    Other

    Keller Williams Realty of Greater Nassau (516) 865-1800 [email protected]

    Listing agent Barry J. Paley CBR (516) 865-1800 License #10491208062

    Listing date Sep 5, 2025

    MLS# 879513 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Greenpoint Multifamily Investment Opportunity

    This offering presents an opportunity to acquire a double-lot package in Greenpoint, Brooklyn. The properties, located at 636 and 638 Humboldt Street, are being offered together, providing a combined 50 feet of frontage. The combined properties offer over 8,380 square feet of potential. Currently, 638 Humboldt has six units with existing rent rolls. The properties sit on R6B-zoned lots with a combined lot size of approximately 5,000 square feet. The properties offer development potential or existing cash flow as income-generating assets. The location is near McGolrick Park and close to Nassau Avenue, providing access to the G train, dining, cafes, and retail. The Net Operating Income (NOI) is $63,674.08, with a cap rate of 7.11%.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.944833
    Latitude
    40.723661

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    FAQs

    What type of property is this?
    Apartment building - Two Brooklyn properties with development potential and existing income.
    Where is this apartment building located?
    The property is located at 638 Humboldt St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Rare double-lot package (50 ft frontage) in Greenpoint, Brooklyn.; - Significant development potential with R6B zoning on a 5000 SF lot.; - Existing cash flow with 6 units and rent rolls in place.
    (516) 865-1800
    Request Owner's contact information
    638 Humboldt St Brooklyn, NY 11222
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    Brooklyn, NY 11222
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    638 Humboldt St Brooklyn, NY 11222
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