Brooklyn (Greenpoint), NY, 11222 | $1,150,000

An exceptional investment opportunity in one of Brooklyn's most sought-after and rapidly appreciating neighborhoods. This solid 3-story, 6-unit walk-up at 695 Meeker Avenue offers immediate cash flow with significant upside. The building spans approximately 4, 536 sq/ft (54x22) across six well-proportioned units, each featuring 2 bedrooms, a living room, dining room, and full bath. The dining room in each unit can be easily converted to a third bedroom, offering a clear value-add path for the next owner. With $107, 000 in annual gross income, real estate taxes of only $12, 776 , and a 12-bed/6-bath configuration, the numbers speak for themselves. Located steps from McGolrick Park and within easy walking distance of both the L and G subway lines, 695 Meeker Ave sits at the center of Greenpoint's ongoing transformation — surrounded by new restaurants, boutiques, and a growing influx of young professionals. Whether you're a seasoned investor or looking to plant your flag in one of Brooklyn's hottest corridors, this is a rare chance to acquire a cash-flowing asset with real room to grow. Opportunities like this don't wait. Call and schedule a private tour! *The information provided is deemed reliable but not guaranteed, including square footage, dimensions, zoning, income figures etc. All data should be independently verified. Keller Williams NYC assumes no liability for errors or omissions. Prospective buyers and investors are encouraged to consult their own legal, financial, and zoning professionals prior to making any decisions.

Features

  • Town: Brooklyn
  • Levels: 3
  • Rooms: 42
  • Bedrooms: 12
  • Baths: 6 full
  • Lot Size: 54.0 x 30.0
  • Laundry: Building None,None
  • Year Built: 1928
  • Est. Taxes: $12,780
  • Pet Policy: Building Cats OK,Building Dogs OK,Cats OK,Dogs OK
  • MLS#: RLS20092726
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/RLS20092726/695meekeravenue_brooklyn_ny?source=qrflyer
Copyright © 2026  The Real Estate Board of New York, Inc., All rights reserved
All information is intended only for the Registrant’s personal, non-commercial use. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. RLS Data display by William Raveis Real Estate, Inc.
Listing courtesy of Keller Williams NYC   Phone: 212-301-1140

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
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Brooklyn (Greenpoint), NY, 11222

$1,150,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $920,000 $920,000 $920,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,065 $1,065 $1,065
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $5,152 $5,590 $7,701
Total Monthly Payment $6,342 $6,780 $8,891

* 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.