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    Greenpoint 6-Family Investment Opportunity Title is generated by Realmo AI

    596 Humboldt St, Brooklyn, NY 11222

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    Well-maintained 6-family building in prime Greenpoint location.

    Type:Multifamily
    Property size:
    3,750 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $453/SF
    Added:
    Mar 2, 2026
    Days on Market:
    128
    Last Refresh:
    Jul 2 at 5:38 am

    Property Features for 596 Humboldt St

    General Information

    Standard status
    Active
    Size
    3,750 SF
    Lot size
    0.06 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1928

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    Agata Landa

    Listing office Capri Jet Realty Corp

    Listing date Mar 2, 2026

    Source Crexi

    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 Capri Jet Realty Corp

    HighLights

    • Strong income potential in a desirable Greenpoint location.
    • Rent‑stabilized 6‑family building with long‑term upside.
    • Owner's unit (#1L) is free market with private backyard access and exclusive basement storage.
    • Three apartments have been renovated.
    • Prime location: 1 block to McGolrick Park and steps to McCarren Park.
    • Close proximity to Nassau Ave G train and Metropolitan Ave L train stations.

    Overview

    This well-maintained 6-family rent-stabilized building presents an investment opportunity in Greenpoint. The property features six spacious two-bedroom railroad-style apartments. Three of the units have been renovated. Apartment #1L is the owner’s unit and is free market, featuring private access to the backyard and exclusive use of the basement for owner storage. DHCR paperwork is in order. The building is 25 ft x 50 ft and sits on a 25 ft x 100 ft lot. The zoning is R6B with a FAR of 1.5 and a Max FAR of 2. Located on Humboldt Street, the property is near cafes, restaurants, shopping, and transportation options. It is one block from McGolrick Park and steps from McCarren Park, with proximity to the Nassau Ave G train and Metropolitan Ave L train stations. The property size is 3750 square feet. Taxes are $14,049 per year.

    Local Financial Insights For Apartment 5plus

    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 $212.4k $56.64
    − Vacancy −$4.2k −$1.13
    EGI $208.2k $55.51
    − OpEx −$93.7k −$24.98
    NOI $114.5k $30.53
    3,750 SF · lease $56.64/SF/yr · vacancy 2.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.64M
    $1.43M – $1.91M (±1% cap)
    NOI $114,484 @ 7.0% cap · market cap 6.74%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $3.10M
    $2.72M – $3.62M (±1% cap)
    NOI $217,350 @ 7.0% cap · market cap 12.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Nursing Home (Bike/Boat/Book/etc) Store Nursing Home Home Appliance Store Adult Day Care Bed & Breakfast Accounting Firm Pet Grooming Service Clothing & Fashion 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
    -73.944599
    Latitude
    40.722282

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 6-family building in prime Greenpoint location.
    Where is this apartment building located?
    The property is located at 596 Humboldt St Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $1,699,000.
    What are key features of this property?
    This property features: Strong income potential in a desirable Greenpoint location.; Rent‑stabilized 6‑family building with long‑term upside.; **Owner's unit (#1L) is free market with private backyard access and exclusive basement storage.**
    More about this property
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