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197 Nassau Ave, Brooklyn, NY, 11222

12beds
12baths
4,350sqft
$3,950,000
$908price/sqft
$28,296/moest. monthly cost
$1,131,840/yrincome needed

About This Home

Native Real Estate is pleased to present 197 Nassau Avenue in Greenpoint. With 6 residential units and two store fronts, this building is the perfect opportunity for an end user, investor or exchange opportunity in its clean original condition. Most apartments already have a dishwasher, central air, updated kitchen and bathroom and laundry in unit or in building! Amazing original details well preserved and treated such as original hardwood floors, exposed brick walls etc. Building: 25×58 Lot: 25×100 Unused FAR: 650SF The building has been maintained and updated over the years. The property is located steps from McGolrick, in between Humboldt and North Henry Street, and surrounded by a number of trendy restaurants, bars, cafes, and shops. More info is available on request. Showings are by appointment only.

Getting Around

88
WalkingVery Walkable
0
TransitVery Limited Transit
87
BikeVery Bikeable

Schools

7/10
Ps 110 The MonitorGrades PK-50.2 mi
3/10
A-Tech High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1928

Materials

  • Roof: Roof Rights

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Inside

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 12
  • Full bathrooms: 12

Cooling

  • Cooling features: Central Air

Features

  • Flooring: Hardwood

Interior Area

  • Total structure area: 4,350
  • Total interior livable area: 4,350 sqft

Property

Details

  • Parcel number: 026540034
  • Special condition: Resale

Features

  • Patio & porch: Other
  • Exterior features: Courtyard,Balcony,Garden

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Heat Wave
Tsunami

FEMA Declared Disasters in Kings County and New York

Flood
Severe Storm
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $19,973$239,676
Home Insurance *$1,512$18,144
Property Taxes $6,093$73,116
Electricity $718$8,626
Total$28,296$339,552
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$970,148/yr
40% on housing$848,880/yr
45% on housing$754,560/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.2%
4.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$908This listing

vs Other Active Listings

Avg $/sqft

ZIP 11222$1,028
Kings County$697

vs Homes Sold Last Month

Median $/sqft

ZIP 11222$1,742
Kings County$623

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2024-10-28Listed for sale$3,950,000
2016-11-11Listing removed$3,200
2016-04-21Listing removed$1,900
2016-03-20Price change$1,898
2016-01-07Listed for rent$1,900
2015-08-31Listing removed$2,000
2015-08-23Price change$2,000
2015-06-03Listed for rent$3,000
2014-05-17Listing removed$1,975
2014-04-17Price change$1,975
2014-04-05Listed for rent$2,195
2000-03-29Sold$320,000

For Sale by Agent

AgentBram Lefevere
BrokerageNative Real Estate LLC

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