9 Hausman St Floor 1, Brooklyn, NY, 11222

About This Home

We are pleased to present 9 Hausman Street, a prime investment opportunity located in the rapidly evolving Greenpoint section of Brooklyn. This 3-unit, 2,685 square foot frame townhome sits approximately 1,140 square feet (20’ x 57’) on a 2,000 square foot (20’ x 100’) lot and offers a rare combination of immediate vacancy, deregulated status, and repositioning flexibility. Situated just off the Nassau Avenue corridor, this property is perfectly positioned for an investor or end-user looking to capitalize on Greenpoint’s soaring residential demand. Delivered 100% vacant at closing, the asset provides a blank canvas for a luxury renovation, a condo conversion, or the creation of a high-income rental portfolio without the encumbrances of rent stabilization. Units are “railroad” layouts. Unit 1 is a 2-bedroom with backyard access. The basement has plumbing (bathroom with shower) and can be finished as part of a 1st floor duplex unit. Units 2 and 3 are 3-bedrooms. All units are currently occupied and generating rental income at below-market rents. Immediate upside can be achieved with new tenants at market rents, with greater upside potential being unlocked through unit renovations and/or future condo conversions. PROPERTY HIGHLIGHTS Blank Canvas Delivery: The property will be delivered fully vacant, allowing for immediate renovation and repositioning. This removes the uncertainty and extended timelines often associated with occupied value-add projects. Deregulated Status: As a vacant 3-unit building, the property is not subject to rent stabilization laws, offering the future owner full market-rate income potential. Flexible Configurations: Modernize the three units (approx. 806 SF each) to capture premium market rents. Alternatively, as a quicker path to increased value, new tenants can be charged the current market rents for the units as-is with minor cosmetic improvements. Owner-Occupancy: Homebuyers and owner-occupants are able to convert the 1st floor unit and basement into a renovated duplex unit with private deck and backyard access, and generate stable rental income from the other 2 units. For more information or to arrange a property tour, please contact Thomas Brennan.