148 29th Street

Greenwood Heights

$1,650,000
Price
5
Beds
3
Baths
2,100 Sq. Ft.
$786 / Sq. Ft.
2,100
Sq. Ft.
$786
per Sq. Ft.

Description

Rarely available true 3-family in the up-and-coming neighborhood of Greenwood Heights where you can enjoy open space and tranquil living. Perfect for an end-user or investor. Currently used as an income property with 3 separate rental units, but can easily be made into an owner's duplex with an income-producing unit on the ground floor. Lot size is 25x100 and unused FAR of 2,905.
All units have been recently renovated. Currently configured as a 2 bedroom/1 bath (top floor), 2 bedroom/1 bath (2nd floor)
...Rarely available true 3-family in the up-and-coming neighborhood of Greenwood Heights where you can enjoy open space and tranquil living. Perfect for an end-user or investor. Currently used as an income property with 3 separate rental units, but can easily be made into an owner's duplex with an income-producing unit on the ground floor. Lot size is 25x100 and unused FAR of 2,905.

All units have been recently renovated. Currently configured as a 2 bedroom/1 bath (top floor), 2 bedroom/1 bath (2nd floor) and a 1 bedroom/1 bath (ground floor). All units have access to a well-manicured backyard through a 5' private alley that runs along the side of the house. Each unit has separate mechanical and grids which can be billed directly to tenants, leaving operating costs low. Ceiling heights in each unit are over 9'.

Currently only using .84 of FAR, with a Max FAR of 1.65 (if residential use) or 2 (if commercial use), so plenty of room to expand the property. Possibility to expand each unit to a 3 bed/2 bath. Total lot sq ft 2,504,

Minutes away from the R at 25th or the express N, D at 36th, and Industry City, one of the largest manufacturing coworking spaces and retail spaces in Brooklyn. Close to Greenwood Park a 13,000-square-foot, indoor-outdoor beer garden with bocce courts and a seasonal menu. There are also several high-profile condo and commercial projects coming soon along 4th Avenue and 5th Avenue.

This is a great investment opportunity, or perfect for someone looking for more space, this can't be missed!

Listing Agent

  1. Edith Yang

    Edith Yang

    Listing Agent

    Compass

    edith.yang@compass.com

    P: 347.702.0203

Amenities

  • Walk Up
  • Voice Intercom
  • Lowrise
  • House
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LISTING UPDATED: 02/15/2023 09:05 PM

Property Details for 148 29th Street

StatusExclusive Expired
Days on Market610
Taxes$458 / month
Maintenance-
Min. Down Pymt-
Total Rooms10.0
Compass TypeTownhouse
MLS TypeMulti Family
Year Built1934
Lot Size2,504 SF / 25' x 100'
CountyKings County

Building

148 29th St

3 Units3 StoriesBuilt in 1934
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Building Information for 148 29th Street

Stories3Residences3Year Built1934Building Size20' x 35'Building Sq. Ft2,100 SFLot Size2,504 SF / 25' x 100'Building AgePre-warBuilding TypeHouse

Payment Calculator

$9,463 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,005

Property Taxes

$458

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

Property History for 148 29th Street

DateEvent & SourcePriceAppreciationLink
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 148 29th Street

Taxable ValueLand$16,980Additions$57,060Total$74,040
Home Facts
Total Finished SqFt2,100 SqFtLot Size2,504 SqFtYear Built1934ZoningM12DAPN3006680026

Schools near 148 29th Street

This home is within Nyc Geog District #15 - Brooklyn.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 8
Rating
School
Distance
P.S. 172 Beacon School Of Excellence
PublicPK to 5

Is 136 Charles O Dewey
Public6 to 8

Sunset Park High School
Public9 to 12

Sunset Park Prep
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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