Kim Hart
Licensed Associate Real Estate Broker
REALTOR®
(518) 791-3181 Cell

34 Sutton Street, Brooklyn, NY 11222

New - 21 Hours Ago
View Full Photo Gallery

Property Description

A rare opportunity to acquire an exceptional, well-maintained 6-Family Building in one of the most sought after neighborhoods. Located in tree-lined block in the heart of Greenpoint, Brooklyn, this income-producing asset offers investors immediate and stable cash flow, long-term appreciation potential, and future upside in a strong rental market. Featuring 10 Bedrooms and 7 Full Bathrooms with Full Finished Basement, private huge backyard with mature trees for a nice view from the kitchens. Current Gross annual rental income of approximately $13,722 per month, $164,665 annually. The building is comprised of 3 free-market units currently month to month and 3 rent-stabilized units, with one rent-stabilized apartment currently vacant, previously owner occupied. Numerous capital improvements have been completed, including four recently renovated apartments, 3 newly updated kitchens, a new boiler (approximately one year old), roof (approximately three years old), and siding (approximately two years old). A professionally installed 24-hour security camera system is also in place.Finished lower level with full bathroom and access to yard offers potential for additional storage, office, recreational, media room, hobby, fitness gym, etc. Ideally situated near McGolrick Park, McCarren Park, minutes from the G train, NYC Ferry, and Greenpoint's renowned restaurants, cafes, Farmer markets, boutiques, and waterfront destinations. The neighborhood continues to experience strong tenant demand and investor interest.Strong rental income with below-market rents - built-in value-add opportunity, Ideal for 1031 exchange buyers seeking a stabilized Brooklyn asset, Favorable cap rate in a high-demand rental corridor, Close proximity to Manhattan via the BQE and multiple transit options.Whether you're a seasoned investor looking to expand your Brooklyn portfolio or a 1031 exchange buyer seeking a quality replacement property, 34 Sutton Street delivers the fundamentals: location, income, and long-term appreciation in one of NYC's most desirable neighborhoods.The property has been professionally managed for the past five years, with organized financial records, leases, operating statements, and maintenance documentation available for review.

34 Sutton Street | MLS# 1010064

This commercial property located at 34 Sutton Street, Brooklyn, NY 11222 is currently listed for sale with an asking price of $2,399,000. Sutton Street is located within the Brooklyn 14 school district. Search Brooklyn real estate on kim-hart.coldwellbankerprime.com today.

Gallery

Property Features

Property Type: Commercial -
Basement: Yes
Basement: Finished, Full
Cooling: Electric, Wall/Window Unit(s)
Fenced: Yes
Heating: Hot Water
Lot Size: 0.06 Acres
Taxes: $12,354
Year Built: 1940

Feature Descriptions

Building Area Total: 4125
Exterior: Aluminum Siding, Brick
Fencing: Back Yard, Fenced, Front Yard
Fuel Expense: 4583
Heating Units: 1
Heating Zones: 1
Maintenance Expense: 1200
Maintenance Expense: 1200
On Market Date: 2026-06-06
Parcel Number: 02690-0052
Parking Features: None
Property Attached Y/N: 1
Rental Term: Monthly
Security: yes
Security Features: Security System
Separate Electric Meters: 6
Separate Gas Meters: 6
Sewer: Public Sewer
Special View Info: Trees/Woods
Trash Expense: 1615
Units: 6
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Trash Collection Public, Water Connected
Water: Public

Local Schools

School District: Brooklyn 14

Demographics

Listed By / Shown By

Listing By

Agency Name: Red Jasmine Real Estate
Agency Contact: 516-784-1019

Shown By

Agent Name: Kim Hart
Agent Phone: (518) 791-3181 Cell
Agency Title: Coldwell Banker Prime Properties

IDX logo

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/07/2026. The listing information on this page last changed on 06/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/07/2026 12:07:09 AM EST) or Global MLS (last updated Sat 06/06/2026 11:53:08 PM EST) or New York State Alliance MLS (last updated Sun 06/07/2026 12:02:59 AM EST) or Hudson Valley Catskill Region MLS (last updated Sun 06/07/2026 12:01:11 AM EST) or OneKey MLS (last updated Sun 06/07/2026 12:00:32 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



C.B. Prime Properties, Inc. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated.

Homestead Funding Corp. Company NMLS# 3232. Equal Housing Lender. State Licensing Information

Coldwell Banker®. All rights reserved. The Coldwell Banker System is comprised of company owned offices which are owned by a subsidiary of Anywhere Advisors LLC and franchised offices. Coldwell Banker Real Estate LLC, fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with, or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.


Privacy Policy / DMCA Notice / ADA Accessibility

Login to My Homefinder

Pixel