Greenpoint Building 227 Kingsland Ave 18 Unit Apartment Building $6,395,000 ($355,278/Unit) Brooklyn, NY 11222

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 227 Kingsland Avenue in Brooklyn, New York (the “Property”). The four-story brick building contains eighteen residential units comprised of seven (7), 2-Bedroom/1- Bathroom units and eleven (11), 1-Bedroom/1-Bathroom units with 11,900 square feet of gross area on a 3,500 square foot parcel of land. The Property features six (6) free market units (five 2-bedroom units and one 1-bedroom unit), eleven (11) rent stabilized units (nine 1-Bedroom units and two 2-Bedroom units) and one (1) rent controlled unit (a 2-Bedroom unit). The Property is the largest building on the block, has been exceptionally well maintained, and benefits from windows on all four sides, providing abundant natural light throughout the building and enhancing the appeal of the residential units.
The Property enjoys an exceptional location at 227 Kingsland Avenue in the heart of Greenpoint, one of Brooklyn's most desirable and rapidly appreciating residential neighborhoods. Situated just minutes from the neighborhood's thriving commercial corridors along Manhattan Avenue and Greenpoint Avenue, the Property benefits from convenient access to an extensive array of restaurants, cafés, boutiques, grocery stores, and neighborhood services that support a highly walkable urban lifestyle. The area is well connected to the broader New York metropolitan region via the Brooklyn-Queens Expressway (Interstate 278), the Long Island Expressway (Interstate 495), the Williamsburg Bridge, the Queens-Midtown Tunnel, and numerous East River crossings, providing efficient access to employment centers throughout Brooklyn, Manhattan, Queens, and Long Island. Public transportation options, including the G subway line, nearby L train connections, and NYC Ferry service, further enhance connectivity for residents.
The Property's location is particularly attractive due to Greenpoint's unique combination of historic neighborhood character, modern amenities, and waterfront accessibility. Residents enjoy proximity to McCarren Park, WNYC Transmitter Park, the Greenpoint waterfront, and an expanding network of open spaces and recreational amenities. Continued residential and mixed-use development throughout North Brooklyn has elevated the area's profile while maintaining a constrained housing supply, supporting strong rental demand and long-term value appreciation. These factors, combined with the neighborhood's affluent demographics, vibrant cultural scene, and exceptional regional accessibility, make 227 Kingsland Avenue a highly desirable residential asset within one of New York City's premier multifamily investment markets.