Modern Townhouse in Prime
272 Greene Ave Brooklyn, NY 11238
272 Greene Ave, Brooklyn, NY, 11238
$3,850,000
Pending
For Sale
$3,850,000
Pending
Stunning 5-story, 2-family townhouse with parking in Clinton Hill.
Property Size3,300 SF
Days on Market113
Property Features for 272 Greene Ave
General Information
- Standard status
- Pending
- Size
- 3,300 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2025
Listing agency
(212) 913-9058
Listed by
Jessica Henson
(212) 913-9058
Source
Elliman
Added: Apr 1 Updated: Jul 10 at 12:32PM Checked: Jul 22 at 10:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jessica Henson
Investment Insights
Based on property information with market context.
This new 5-story, 2-family townhouse with a garage is located in Clinton Hill. Designed by a Swiss architect, the property offers over 3,300 square feet of living space. The residence features an all-white stucco facade with expansive windows. Inside, concrete floors and stairs are finished in white epoxy, complemented by white plaster walls and floor-to-ceiling windows. The upper triplex unit, spanning 1,900 square feet with an entrance on Classon Avenue, includes 3 bedrooms and 3 baths. The first level has two bedrooms with views, and a full bath. The next floor features a large living area, a minimalist kitchen, a half bath, and a washer/dryer. The top floor offers a triangular bedroom and full bath, leading to a private rooftop terrace. The lower duplex unit, accessible from Greene Avenue, provides a private courtyard. This 1,400-square-foot unit has 2 bedrooms and 2.5 baths, featuring a 28’ x 15’ living area with a streamlined kitchen and a full bathroom overlooking the courtyard. The lower level includes spaces for sleeping or a home studio/office, a walk-in closet, a half bath, and a washer/dryer. The townhouse has an all-electric split system with central air and heat, and triple-glazed windows. The garage is adjacent to the Greene Avenue entrance. The two units can be combined to create a single-family home. The property is located on a tree-lined intersection in Clinton Hill, near restaurants, cafes, bars, shops, Pratt Institute, and subway lines. The location has a walk score of 95, a transit score of 100, and a bike score of 76.
Key Highlights
- Prime Clinton Hill location with excellent walk, bike, and transit scores (95, 76, and 100 respectively), near trendy restaurants, cafes, shops, and subway lines.
- Modern, architect‑designed (Inès Lamunière) 2‑family townhouse with a striking all‑white stucco facade and expansive windows.
- Income‑generating potential: Live in the upper triplex and rent out the lower duplex.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $168.3k | $51.00 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $165.1k | $50.03 |
| − OpEx | −$49.5k | −$15.01 |
| NOI | $115.6k | $35.02 |
3,300 SF · lease $51.00/SF/yr · vacancy 1.90% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.65M
$1.44M – $1.93M
NOI $115,572 @ 7.0% cap · market cap 3.00%
Second Best
Apartment 5plus
$1.44M
$1.26M – $1.68M
NOI $100,746 @ 7.0% cap · market cap 2.62%
Theoretical Best
Specialty Retail
$2.73M
$2.39M – $3.19M
NOI $191,268 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Stunning 5-story, 2-family townhouse with parking in Clinton Hill.
Where is this duplex located?
The property is located at 272 Greene Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,850,000.
What are key features of this property?
This property features: Prime Clinton Hill location with excellent walk, bike, and transit scores (95, 76, and 100 respectively), near trendy restaurants, cafes, shops, and subway lines.; Modern, architect‑designed (Inès Lamunière) 2‑family townhouse with a striking all‑white stucco facade and expansive windows.; Income‑generating potential: Live in the upper triplex and rent out the lower duplex.
