Peter Daly
Licensed Associate Real Estate Broker
Realtor, REALTOR®
Clifton Park, NY
Cell: (518) 956-0059 Office: (518) 383-0030 Fax: (518) 383-6225

34 Sutton Street, Brooklyn, NY 11222

New - 47 Hours Ago
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Property Description

Exceptional 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 and 3 rent-stabilized apartments, including one currently vacant rent-stabilized unit previously occupied by the owner. Current gross rental income is approximately $164,665 annually. 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.

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 peter-daly.coldwellbankerprime.com today.

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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
Days on Site: 1
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: Peter Daly
Agent Phone: (518) 956-0059 Cell
Agency Title: Coldwell Banker Prime Properties

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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 06/08/2026. The listing information on this page last changed on 06/08/2026. 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 Mon 06/08/2026 12:00:58 AM EST) or Global MLS (last updated Sun 06/07/2026 11:52:19 PM EST) or New York State Alliance MLS (last updated Sun 06/07/2026 11:58:55 PM EST) or Hudson Valley Catskill Region MLS (last updated Sun 06/07/2026 11:51:12 PM EST) or OneKey MLS (last updated Sun 06/07/2026 11:53:21 PM 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.

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