Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a fully-occupied four-story, walk-up apartment building located on the west side of Sutton Street between Driggs Avenue and Nassau Avenue. The building consists of eight two-bedroom apartments. All of the apartments are "railroad" 2-bedrooms one of which has an in-unit washer and dryer and has exclusive access to the rear yard which commands a premium rent. Of the eight units, three are RS, two are RC, and three are FM. The common areas of the building have been recently upgraded and un-used lower level mechanical areas could allow for duplexed units in the future. The three FM units were recently gut renovated and feature new hardwood floors throughout, stainless steel appliances, recessed LED lighting, bathrooms with quartz tiles, and ample storage. The average in-place rent is $30 per square foot which is approximately 40% below market. It is located less than two blocks from McGolrick Park and neighborhood hot spots such as Greenpoint Heights, Little Dokebi, Variety Cofee, and Selamat Pagi. Additionally, the property is only a short walk from the Nassau Avenue G train station.
Greenpoint, Brooklyn.
