34 Sutton Street
Brooklyn, NY, 11222 $ 2,399,000
Baths0.0 Sq 4,125 Monthly Estimate*
$ 15,148
Studio for $2,399,000. This 4,125 square foot home was built in 1940 on a lot size of 0.0574.
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.
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FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Ceiling Fan(s) Eat-in Kitchen ENERGY STAR Qualified Door(s) High Ceilings Open Kitchen Soaking Tub
Basement Finished Full
Basement Features Finished Full
Basement (Y/N) Y
Total Bedrooms 0
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GeneralSewer Public Sewer
Heating Hot Water
Cooling Electric Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Trash Collection Public Water Connected
Security Features Security System
Construction Materials Aluminum Siding Brick
Year Built 1940
View Trees/Woods
Property Subtype Quadruplex
Tax Year 2025
Parcel Number 02690-0052
County Kings (Brooklyn)
Property Type Residential Income
Garage Y/N N
Full Baths 0
High School A-TECH HIGH SCHOOL
City New York
Senior Community Y/N N
High School District Brooklyn 14
Number Of Units Total 6
Carport Y/N N
Elementary School Ps 110 Monitor
Property Attached Y/N Y
Tax Annual Amount 12354
Fuel Expense 4583
Middle/Junior High School John Ericsson Middle School 126
Water Sewer Expense 3744
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Brooklyn 14
Elementary School District Brooklyn 14
Tax Assessed Value 639000
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ExteriorFencing Back Yard Fenced Front Yard
Parking Features None None
Water Source Public
Building Area Total 4125
Waterfront Y/N N
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* Excluded FeaturesList ByKarina M. Guevara CBRListing Agent
Red Jasmine Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $15,148
- Monthly Property Taxes
- $1,030
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Brooklyn, NY
Average List Price $1,801,744
Percent of Sale Price 25%
About Brooklyn, NY 2,668,108 Population
8% Since 2002
$ 56,355 Median Income
36.99 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
5196047 Elementary School
4100065 Middle School
A-Tech High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/24/2026 | $2,399,000 | | Listed Price |