34 Sutton Street, Brooklyn, NY 11222

• 4,125 sqft

Property Description

Exceptional Turnkey investment opportunity in the heart of Greenpoint. This well-maintained 6-family building is situated on a desirable tree-lined block and offers strong in-place income with significant upside potential. The property features 10 bedrooms, 7 full bathrooms, a full finished basement with an additional full bath, and a large private backyard with mature trees. The building consists of 3 free-market apartments, 2 rent-stabilized apartments, and one owner-occupied apartment that is presently vacant. Numerous capital improvements have been completed, including four renovated apartments, three updated kitchens, a new boiler (approx. 1 year old), roof (approx. 3 years old), siding (approx. 2 years old), and a professionally installed 24-hour security camera system. The finished lower level offers flexible space for storage, recreation, office, fitness, or other permitted uses, with direct access to the backyard. Ideally located near McGolrick Park, McCarren Park, the G train, NYC Ferry, and Greenpoint's vibrant dining, shopping, and waterfront amenities. This income-producing asset presents an excellent opportunity for investors or 1031 exchange buyers seeking stable cash flow, long-term appreciation, and value-add potential in one of Brooklyn's most sought-after neighborhoods. Financials, leases, operating statements, and maintenance records available upon request.

Listing Status:

Active

Data Last Updated:

August 10, 2026 at 10:23PM

Listing Office:

Red Jasmine Real Estate : 516-784-1019

MLS ID:

1018125

Interior

• General: First Floor BedroomFirst Floor Full BathCeiling Fan(s)Eat-in KitchenENERGY STAR Qualified Door(s)High CeilingsOpen KitchenSoaking Tub
• Basement: FinishedFull
• A/C: ElectricWall/Window Unit(s)
• Heating: Hot Water

Exterior

• Parking: None

Location

• Originating MLS: onekey2
• School District: Brooklyn 14
• County: Kings (Brooklyn)

Lot

• Zoning: 02690-0052
• View: Trees/Woods
• Fencing: Back YardFencedFront Yard

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2