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Single Family Townhouse in Prime Greenpoint! Located in the heart of prime Greenpoint, 232 N Henry St presents a rare opportunity to acquire a 15 × 100 ft lot with significant upside in prime Greenpoint location near McCarren Park, Williamsburg, and the East River waterfront. Surrounded by boutique developments, renovated townhomes, and strong retail corridors, this property is ideally positioned to capitalize on Greenpoint’s continued growth and demand. This 2-story, one-family townhouse sits on a 1, 500 SF lot and is built to approximately 1, 140 SF, leaving ~1, 860 buildable sq ft under current R6B zoning (2. 0 FAR). The property offers investors, developers, and end-users the ability to expand, reposition, or fully renovate to maximize value. The existing structure, built in 1901, features a full above-grade basement and maintains solid fundamentals, making it an ideal candidate for a custom renovation or vertical expansion. The lot’s regular shape and favorable dimensions provide flexibility for design and efficient use of additional FAR. Bld: 15 x 35 ft Lot: 15 x 100 ft Zoning: R6B FAR: 0. 76; Max FAR: 2. 0 Taxes: $4, 244/Yr This property is ideal for end-users seeking to design a custom townhouse, developers looking for a boutique expansion project and investors targeting long-term appreciation in a prime Brooklyn submarket. Don’t Miss This Great Opportunity!
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Our Executive Mortgage Banker:
$1,700,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $354 | $354 | $354 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,722 | $8,374 | $11,476 |
| Total Monthly Payment | $8,201 | $8,853 | $11,955 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.