$10,000

closing credit¹

232 Kingsland Ave Brooklyn, NY 11222

$2,400,000
12 beds
6 full
4,875 sqft
$492 / sqft
Multi-Family

Property details

About 232 Kingsland Ave

Prime Greenpoint property ideal for investors and developers. Key Features: Location: Close to parks, dining, and transit. Vacancy Potential: Units 1L & 1R delivered vacant; post-reno rents $3,000+/month. Current Rent Roll: 1L & 1R (Owner-occupied, $3,000 potential) 2L (Stabilized): $2,196.15 (lease) 2R: $2,250 (month-to-month) 3L (Stabilized): $2,020.48 (lease) 3R: $2,250 (month-to-month) Financial Highlights: Total Expenses: $24,325 NOI: $85,025 (Current), $156,785 (Post-Reno) Cap Rate: 6.53% (Projected) Why Invest? Steady income, growth potential, and dynamic Greenpoint location.

Highlights

Home typeMulti Family
HeatingHeat Pump, Natural Gas
StatusActive
Size4,875 sqft
BasementYes
Year built1931
ParkingNone, Street
MLS #487601
FireplaceStove

Summary

  • MLS Number: 487601
  • Office Name: eXp Realty BKNY

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$2,400,000

232 Kingsland Ave

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$742,500$11,560
2023$647,550$10,705
2021$594,000$9,426
2019$651,600$9,576
2018$65,867$8,113
2017$63,789$7,620

History based on county public records data.

Nearby schools

6

P.S. 110 The Monitor School

Public District KG-6

0.1 mi

124 Monitor St

8

P.S. 34 Oliver H. Perry School

Public District PK-5

0.5 mi

131 Norman Ave

9

P.S. 31 Samuel F. Dupont School

Public Magnet PK-5

0.7 mi

75 Meserole Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,528. Residents of Brooklyn, NY typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
49%
35k-100k
32%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
6%
Single, with Kids
18%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
3%
12-17 yrs old
51%
18-34 yrs old
32%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Music ConcertsMusic Concerts
  • Art MuseumsArt Museums
  • TennisTennis

Where do the neighbors shop?

  • H&MH&M
  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • ChipotleChipotle
  • StarbucksStarbucks
  • Jack In The BoxJack In The Box

What do the neighbors drive?

  • VolkswagenVolkswagen
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

This home is located at 232 Kingsland Ave in Brooklyn, NY and zip code 11222 in the Greenpoint neighborhood. This 4,875 square foot home was built in 1931. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 22, 2024 and is currently priced at $2,400,000.

Over 40 listings were sold over their listed price in December 2024 in Brooklyn, NY. In the same period over 178 listings were sold below the listed price and 257 listings were sold for the listed price. The inventory of homes for sale in Brooklyn, NY between November and December 2024 decreased by 10.4%. Listings spent 88 days on the market in December 2024, and had a median list price of $987,395 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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