638 Humboldt St APT 1, Brooklyn, NY 11222

Keller Williams New York City, has been exclusively retained to offer 636 + 638 Humboldt St, in Greenpoint, Brooklyn, NY (the “Property”), two adjacent multifamilies. Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 638 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request. The units are delivered with tenants in place. There will be 1 vacancy in 636 Humboldt St. All units are rent stabilized. NOI - $63,674.08 CAP RATE: 7.11% Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point. Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense. Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.