NY > Brooklyn > Greenpoint
Brooklyn, NY 11222,220 Eckford Street
Brooklyn, NY 11222,220 Eckford Street
Brooklyn, NY 11222,220 Eckford Street
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Listing Courtesy of Nest Seekers LLC
$3,400,000
Est. payment /mo
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8 Beds
5 Baths
3,000 SqFt
New

220 Eckford Street Brooklyn, NY 11222

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Anthony Guerriero

Anthony Guerriero

+1(646) 376-8752

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $1,133

Subdivision Greenpoint

MLS Listing ID RLS20054011

Style Prewar,Walk-Up

Bedrooms 8

HOA Y/N No

Year Built 1930

Annual Tax Amount $13,000

Property Sub-Type Multi Family

Property Description

Presenting 220 Eckford Street: an exceptional development opportunity positioned at the epicenter of Greenpoint's transformation. This 1930 pre-war townhouse represents a rare chance to create something extraordinary in Brooklyn's most coveted neighborhood. Surrounding this prime corner of Greenpoint, new luxury developments have redefined the landscape. Comparable properties command $490-510 per square foot and have been setting new benchmarks for what's possible. While neighboring blocks showcase gleaming new constructions and sophisticated conversions, 220 Eckford stands ready for its own remarkable transformation. DEVELOPMENT VISION: • 3,000+ sq ft of existing structure with expansion potential • 25' x 104' lot offering significant development rights • $83,244 annual income providing immediate cash flow during planning • Prime positioning among Greenpoint's newest luxury developments This isn't just a building. it's a blank canvas in a neighborhood where vision meets value. Whether your dream is a boutique luxury conversion maximizing the existing footprint or a ground-up development leveraging the generous lot dimensions, 220 Eckford offers the foundation for your development masterpiece. PROPERTY HIGHLIGHTS: Address: 220 Eckford Street, Brooklyn, NY, 11222 Building Class: C3 (four-family walk-up) Stories/Units: 3stories / 4 units Year Built: 1930 Approximate Building Size: 3,000 sq ft Lot Size: 2600 sq ft (25' x 104') Neighborhood: Greenpoint CURRENT UNIT MIX: #1 (Garden Duplex): 2 BD / 2 BA, $3,950/month, renovated recently #2: 2 BD / 1 BA, est. $3800-$4000/month w garden access #3: 3 BD / 1 BA, est. $3,500-$3,900/month #4: 2 BD / 1 BA, $2,987/month Units #2 and #3 currently owner occupied INCOME SNAPSHOT: Total Verified Gross Rent: $ 6937/month Total Projected Gross Rent: $14,237 - $14,837 Unit Mix: 3 BD (1) 2 BD (1), 1 BD (1), 2 BD Garden Duplex (1) Upside Potential: • Renovation of Units 2-4 could reposition rents closer to neighborhood averages and gain $50 to $65+ sqft/year INVESTMENT POTENTIAL: • Fully rented four-family building • Immediate stability + long-term upside through rent growth and upgrades • Flexible ownership: end-user can occupy one unit while collecting income from three others, or maintain as an investment property • Attractive tree-lined block with strong community ties and ongoing demand LOCATION: Situated in Greenpoint, 220 Eckford Street offers the perfect blend of neighborhood charm and connectivity. Just minutes from McCarren and McGolrick Parks, the G train (Nassau & Greenpoint Ave stations), and a vibrant dining and retail scene, the property benefits from consistent tenant demand and long-term value growth. THE TL; DR: • Four-family townhouse with established rent roll • Verified gross rent of $83,224 annually; Projected gross rent: $170,844 - $178,040 • Garden duplex with private outdoor space renting at nearly $4,000/month • Prewar details: hardwood floors, exposed brick, decorative fireplaces • Prime Greenpoint location with strong tenant base and appreciation potential

Location

State NY

County Kings

Interior

Equipment Intercom

Fireplace No

Laundry See Remarks

Exterior

View Y/N No

Private Pool No

Building

Dwelling Type Multi Family

Story 4

New Construction No

Others

Pets Allowed Pets Allowed

Tax ID 02622-0044

Ownership None

Monthly Total Fees $1, 083

Pets Allowed Building Yes, Yes

REBNY IDX
RLS Data display by Manhattan Miami Real Estate

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Anthony Guerriero

Anthony Guerriero

Broker

+1(646) 376-8752

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220 Eckford Street

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