229 Calyer Street
229 CALYER STREET | Brooklyn, NY 11222
Compass has been retained on an exclusive basis to arrange for the sale of a four-story multifamily building located at 229 Calyer Street in Greenpoint, Brooklyn. Set just off of the vibrant retail corridor of Manhattan Avenue on a quant, tree-lined side street, 229 Calyer is ideally located in what is arguably considered one of the most desirable residential neighborhoods in North Brooklyn.
This family-owned property offers eight floor-through apartments across 5,500 square feet with an additional 1,375 square foot basement with 8' ceiling heights. The building is fully occupied and rent-stabilized and the DHCR records are available upon request. At free market rents the subject property could easily generate over $250,000 in gross annual revenue.
229 Calyer Street sits just .3 miles from the G Train Station at Greenpoint Avenue offering access throughout Brooklyn, Queens and Manhattan. The area is also serviced by the East River Ferry terminal at India Street along with numerous MTA bus routes and Citi Bike Stations.