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Listing Courtesy of Compass
$ 3,500,000
Est. payment | /mo
6 Beds
4 Baths
4,000 SqFt
$ 3,500,000
Est. payment | /mo
6 Beds
4 Baths
4,000 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $875
Subdivision Greenpoint
MLS Listing ID RLS20031458
Bedrooms 6
HOA Y/N Yes
Year Built 1920
Annual Tax Amount $11,496
Property Sub-Type Multi Family
Property Description
*All tours are by appointment* Introducing 14–18 Russell Street, currently setup as a four-unit multifamily property offering 56 feet of frontage, including a garage with a legal curb cut. The main structure at 18 Russell, which consists of three apartments, is connected to an independent “tiny house,” which in turn is attached to the garage at 14 Russell Street, for a total of approximately 4,000 square feet.
Available for the first time in over 40 years, 14–18 Russell represents one of the most unique investment opportunities in the rapidly appreciating McGolrick Park area of Greenpoint. Additionally, the property is conveniently located near the L and G trains as well as McCarren Park.
Whether purchasing as an investor or a savvy end user, the property offers flexible configurations. Live in the standalone tiny house and enjoy the backyard and garage while benefiting from the income-producing, free-market apartments next door, or take advantage of the substantial remaining FAR to expand and customize the existing footprint. The property is zoned R6B, benefits from a protected tax class (2A), and can be delivered vacant.
Available for the first time in over 40 years, 14–18 Russell represents one of the most unique investment opportunities in the rapidly appreciating McGolrick Park area of Greenpoint. Additionally, the property is conveniently located near the L and G trains as well as McCarren Park.
Whether purchasing as an investor or a savvy end user, the property offers flexible configurations. Live in the standalone tiny house and enjoy the backyard and garage while benefiting from the income-producing, free-market apartments next door, or take advantage of the substantial remaining FAR to expand and customize the existing footprint. The property is zoned R6B, benefits from a protected tax class (2A), and can be delivered vacant.
Location
State NY
County Kings
Interior
Interior Features High Ceilings, Kitchen Island
Heating Baseboard, Natural Gas
Furnishings Unfurnished
Fireplace No
Appliance Gas Cooktop, Stainless Steel Appliance(s)
Laundry See Remarks
Exterior
Exterior Feature Private Outdoor Space Over 60 Sqft, Private Yard
View Y/N No
Private Pool No
Building
Dwelling Type Multi Family
Story 3
New Construction No
Others
Ownership None
Monthly Total Fees $958
Pets Allowed Building No, No
RLS Data display by Real Broker, LLC
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