340 Mcguinness Blvd Brooklyn, NY 11222

This prime Greenpoint, Brooklyn mixed-use building at 340 McGuinness Blvd. presents a compelling investment opportunity. The 1,875 square foot property sits on a 0.04-acre lot and features six 2-bedroom, 1-bathroom units, each with an eat-in kitchen. All units are currently rent-stabilized, generating a substantial annual income of $134,617.72, with the potential for increased revenue. Recent upgrades include a new roof (2022), water heater (2024), and gas heater (2024). The building also boasts a full basement with six additional rooms, a utility room, and a half-bath, enhancing its potential for further development or expansion. Exterior features include a backyard with steps and a patio, all finished with granite tiles. Security is ensured with eight surveillance cameras strategically placed inside and outside the building. The property's excellent location provides easy access to public transportation, shops, restaurants, and cafes. While all units are currently tenant-occupied, two units may become vacant soon. This property is offered at $2,350,000. Serious inquiries only. All information is deemed reliable but should be independently verified.