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18544669
18544670

189 Woodpoint Road, Brooklyn, NY 11211

KV
109918089
Brown Harris Stevens
Listed by Brown Harris Stevens
$3,550,000
730 days on market
Updated 75 days ago

189 Woodpoint Road

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,952
Units 4
Cap Rate 5.65%
NOI $200,655
Occupancy 100%
Pro-Forma Cap Rate 6.04%
Pro-Forma NOI $214,455
Price per SqFt $898
Class A
Year Built 1999
Year Renovated 2016
Buildings 1
Stories 4
Lot Size (SqFt) 2,231
Zoning R6B
Investment Type Value Add
Ownership LOCAL

Multifamily | 4 Units | $887,500/unit

Marketing description

A 18’ wide four-unit four story building. The property has a two bedroom duplex apartment on the ground floor. The unit has two full bathrooms along with a half bathroom. There is a living/dining area along with the full kitchen. This apartment has access to the back yard.

Floors two through fourth each is a three-bedroom floor-through apartment. The apartments have two full bathrooms along with a full kitchen a living/dining area. All the apartments have nice wood floors, the bedrooms are spacious with a good size closet. The kitchens have stainless steel appliances, along with a washer & dryer, microwave and dishwasher.

There is common hallway storage closets. The apartments are individually metered for gas and electric. The tenants pay their own heat & hot water. The property is located two blocks from Metropolitan Avenue which has nice restaurants and brand name retail stores. The L train is two blocks away on Metroplitan & Graham Avenue.

The building is a great user opportunity, a user can live on the ground floor apartment and rent out the upper three floors.

Investment highlights

The property is a prime investment opportunity, because the units are renovated and free market this will allow an investor to always rent them out at full market value.

Listing Contacts

KV
109918089
Brown Harris Stevens
Listed by Brown Harris Stevens

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$200,655.00
$16,721.25/mo

Valuation Metrics

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DSCR
5.65%
Cap Rate
5.65%
ROI

Map

Zoning

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R6B ResidentialMulti FamilyGeneral Residence
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Last updated Apr 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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