SIDEWALK Realty is pleased to present 220 Calyer Street. This ideally situated home is an excellent value for an end-user or an investor. Currently built out as a 3 Family, this 2,250 sf house offers a tremendous array of options. With 7500 sf in buildable square footage, this is also a wonderful opportunity for a developer. 220 Calyer Street is in Prime Greenpoint, in close proximity to mass transit, Manhattan Avenue and all of the conveniences of the neighborhood, from Michelin-starred restaurants to art galleries. This is an exceedingly rare listing, well-positioned for a savvy buyer to unlock value and for an end-user to simply enjoy the neighborhood. Currently set up as three apartments, the property can be delivered vacant by 6-1-17. Projected Annual Income: $235,000-$250,000 This is based on a fully built out newly constructed 80 ft building with 6 floor-through 2 Bedroom apartments with a monthly rent of $3200-$3500 each.
