Property Details

Overview

Welcome to 143 Kingsland Ave, a unique investment opportunity in the heart of Greenpoint! Currently configured as a charming two-family residence, this property offers incredible potential with approved plans poised for conversion into a lucrative six-family dwelling. Property Highlights: Current Configuration: The building features two well-appointed units, each with distinct living spaces that are perfect for dual-income living or maintaining long-term renters. Approved Plans: Take advantage of the already approved plans for transformation into a six-family residence. This is your chance to capitalize on the thriving rental market in Greenpoint, known for its vibrant community, chic amenities, and proximity to public transportation. Location: Situated in a prime Greenpoint location, 143 Kingsland Ave offers easy access to local cafes, restaurants, parks, and entertainment options. Commuters will appreciate the quick access to the L train, connecting residents to Manhattan and beyond. Investment Potential: With the growing demand for housing in this area, converting this property into a six-family dwelling presents a significant opportunity for cash flow and long-term appreciation in a rapidly developing neighborhood. Additional Features: The property boasts a spacious backyard, ideal for outdoor gatherings or green space, as well as ample street parking, offering convenience for residents and guests alike. This property is a rare find in a hot market, and whether you’re looking to maintain its current use as a two-family home or pursue the approved plans for expansion, 143 Kingsland Ave is poised to be a sound investment for the savvy buyer. Don’t miss out on this exceptional opportunity-schedule your private showing today!