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Greenpoint Lofts, 231 Norman Avenue, #502

$475,000 ($633 per ft2) | Studio, 1 bath | Approx. 750 ft2
Building Profile  | 
227 days on Market

Key Details

  • Listed: Apr 11, 2024
    Last Price Change: ($20,000) on Sep 20
    Days on Market: 227
    Building Type: Condominium
    Neighborhood: Greenpoint (Brooklyn)
Monthly Common Charges: $400
Monthly Real Estate Taxes: $248
Total Taxes & Fees: $648 ($0.86/ft2)
Est. Monthly Mortgage: $2,536
Total Est. Monthly Carrying Cost: $3,184 ($4.25/ft2)
Note: the above is based on a down payment of 20% ($95,000), which is the minimum amount permitted by the building.

Description

Welcome to Unit 502 at 231 Norman Avenue aka the Greenpoint Lofts -- a commercial condo building in prime north Brooklyn with a recently redone exterior, a full-time super, low common charges, lower taxes, and a fantastic 10k SF roof deck with 360-degree views. Unit 502 was fully renovated less than five years ago and is currently utilized as a luxury photography studio and office. It features 13.5’ ceilings, large windows facing south that bring in tons of light with unobstructed and PROTECTED views, and a clean layout that could work for many different types of end-users – artist’s studio, creative office, showroom, etc. – or for investors looking at the long-term appreciation in the area.

Financially, this condo presents a sensible investment with total expenses of ~$550/month between common charges and taxes, ensuring manageable overhead costs moving forward. Feel free to reach out with additional questions or to schedule a showing at your convenience.

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Listing courtesy of Compass

Pricing History

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About Greenpoint Lofts, 231 Norman Avenue

Building Amenities

  • Pre War
  • Intercom
  • Elevator
  • Rooftop Terrace
  • Courtyard
  • Live-In Superintendent
  • Virtual Doorman

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Subways

  1. G
at Manhattan Ave and Norman Ave 0.40 miles

Other Apartments Available in this Building (1)

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