3 months on rocket

4318 Greenpoint Avenue *, New York City, NY, 11104

$1,980,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
1 Full Bath
2,200 SqFt
$900/SqFt
Condo
Schools Nearby

Location

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4318 Greenpoint Avenue *, New York$1,980,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
HeatingNone
CoolingNone
MLS #RLMX-95814
StatusActive

About 4318 Greenpoint Avenue *

Investment Opportunity in Thriving Sunnyside<br><br>Ground Floor:<br>Large flexible commercial space<br>This ground floor in a city area is ideal for a variety of businesses, including a retail<br>store, restaurant, lawyers office, or dry-clean store.<br>Top Floor:<br>Two spacious one-bedroom apartments<br>Modern renovations with private kitchens and bathrooms<br>Potential for strong rental income<br>Full Basement:<br>Fully furnished with ample storage space<br>Ideal for inventory, equipment, or additional income potential<br>Additional Highlights:<br>Building size: 2,200 SF<br>Building class: C<br>Year built/renovated: 1925/2019<br>Price: $1,980,000<br>Price per SF: $900<br>Cap rate: 7%<br>NOI: $138,600<br>Percent leased: Vacant (will be delivered vacant)<br>Location: 3 blocks from Queens Blvd and 7 Train<br>Prime Location:<br><br>Situated on a vibrant stretch of Greenpoint Ave, this property benefits from high foot traffic and convenient access to public transportation. The 7 train at Queens Blvd is just a short walk away, providing easy connections to Manhattan and beyond. The surrounding neighborhood is a dynamic mix of residential, retail, and commercial establishments, ensuring a steady stream of potential customers or tenants.<br><br>Investment Potential:<br><br>With its flexible layout, strong rental income potential, and prime location, 4318 Greenpoint Ave presents a compelling investment opportunity for savvy buyers. Whether youre looking for a retail space to launch your business, rental apartments to generate passive income, or a combination of both, this property has something to offer.<br><br>INVESTMENT HIGHLIGHTS<br>Will be Delivered Vacant<br>Newly Renovated Apartment Units<br>3 Blocks from Queens Blvd and 7 Train<br><br>This mixed-use gem in Sunnyside, Queens offers a prime location, versatile layout, and strong income potential. 4318 Greenpoint Ave boasts a charming storefront on the ground floor, perfect for a variety of retail or office uses. Above, two newly renovated one-bedroom apartments provide attractive residential options, each with its own private kitchen and bathroom.<br><br>Dont miss out on this chance to own a piece of thriving Sunnyside. Contact us today to schedule a viewing!<br><br><br><br><br><br>

Property Details

Property Features

Property Information:

  • Architectural Style: Prewar
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Serene Powers Real Estate LLC
  • Office Phone: (646) 706-1282
  • Listing Agent: Serene Powers
  • Agent Phone: (646) 706-1282

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,980,000
  • Price Per SqFt: $900/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in New York, NY.

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New York, NY

City

Med. Sold Price

$845.4K

Med. Price/SqFt

$636

Avg. Days On Market

96

# of Sold Homes

1548

4318 Greenpoint Avenue * vs New York

101 DAYS ON ROCKET

+5 Days

$1,980,000

+$1.1M More

$900/SqFt

+$263 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $263/SqFt more than other homes in New York, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REBNY
  • MLS Number: #RLMX-95814

Listing Office:

  • Office Name: Serene Powers Real Estate LLC
  • Office Phone: (646) 706-1282
  • Listing Agent: Serene Powers
  • Agent Phone: (646) 706-1282

IDX ©2024 The Real Estate Board of New York, Inc., All rights reserved. Website powered by IHR Technology Services.

Listing information for certain New York City properties provided courtesy of the Real Estate Board ofNew York’s Residential Listing Service (the “RLS”). The information contained in this listing has not beenverified by the RLS and should be verified by the consumer. The listing information provided here is forthe consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property.

This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 4/29/2024, 11:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$9,950

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,003

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3383518
6
/10

  • PS 199 Maurice A Fitzgerald

  • 3920 48th Ave

  • 0.27 miles

  • Public District Grades KG-4

school-card-donut-3383519
8
/10

  • PS 150

  • 4001 43rd Ave

  • 0.33 miles

  • Public District Grades PK-6

school-card-donut-3383520
5
/10

  • PS 110

  • 4825 37th St

  • 0.40 miles

  • Public District Grades KG-1

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,348. Most New York, NY residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4318 Greenpoint Avenue *

What is the listing price of this property?

The listing price of 4318 Greenpoint Avenue * property is $1,980,000.

What type of property is this?

The property 4318 Greenpoint Avenue * is a condo located in New York City, New York, 11104.

Is this property for sale now?

Active Listing: 4318 Greenpoint Avenue * is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 4318 Greenpoint Avenue * has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 4318 Greenpoint Avenue * is 2,200 SqFt (source: MLS/tax record).

Rocket Homes›New York›Queens County›New York›11104›4318 Greenpoint Avenue *

This home is located at 4318 Greenpoint Avenue * in New York City, NY and zip code 11104 in the Northwestern Queens neighborhood. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $1,980,000.

In March 2024 more than 154 listings in New York, NY were sold above the asking price. During the same period more than 645 listings were sold at asking price, while more than 748 were sold below. The number of homes for sale in New York, NY increased by 3.7% between February 2024 and March 2024. The median list price of listings available in March 2024 was $845,489, while the average time on the real estate market was 96 days.

From Rocket Homes Real Estate and based on county public records data.

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