220 Eckford St Brooklyn, NY 11222
Four-unit townhouse in prime Greenpoint location with development potential.
Lot size:
0.06 AcresProperty Features for 220 Eckford St
General Information
- Property type
- Multi Family
- Standard status
- Active
- Lot size
- 0.06 Acres
Building Details
- Year built
- 1930
Source:
Elliman
Listing Agent: Kevin Michael Mchale
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Greenpoint Four-Family Development Opportunity
Located in Greenpoint, Brooklyn, 220 Eckford Street is a four-story, four-unit townhouse constructed in 1930. The building offers an existing structure of 4,075 square feet on a 25-foot by 104-foot lot. The property is located in a neighborhood with new luxury developments and offers significant development rights. The building is a four-family walk-up. The unit mix includes a garden duplex with two bedrooms and two bathrooms, and three units with two or three bedrooms and one bathroom. The garden duplex has been recently renovated. The property is situated minutes from McCarren and McGolrick Parks, the G train, and various dining and retail options. The property benefits from consistent tenant demand and long-term value growth. The building has prewar details including hardwood floors, exposed brick, and decorative fireplaces. The property offers immediate stability and long-term upside through rent growth and upgrades. An end-user can occupy one unit while collecting income from the other three, or maintain it as an investment property.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.950241
- Latitude
- 40.726862
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FAQs
What type of property is this?
Quadplex - Four-unit townhouse in prime Greenpoint location with development potential.
Where is this quadplex located?
The property is located at 220 Eckford St Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,400,000.
What are key features of this property?
This property features: - Prime Greenpoint location in a rapidly transforming area.; - Significant development potential on a 25’ x 104’ lot (2600 sq ft) with 4,075 sq ft of existing structure.; - Immediate cash flow with $83,244 annual verified gross rent and $172,044 projected gross rent.
