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$4,100,000 Just Listed
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Property Description
Prime Greenpoint 6-Family Investment Opportunity. This fully renovated building offers modern, high-end finishes and strong in-place income in one of Brooklyn's most desirable rental markets. Each apartment features spacious layouts, queen-sized bedrooms, stainless steel kitchens, in-unit washer/dryers, each room Seprete heat & A/C, hardwood floors, and high ceilings. Units include two stylish bathrooms with contemporary tile work, including a standing shower and deep soaking tub, while primary bedrooms feature en-suite baths and generous closet space. The property is fully occupied and free-market, providing excellent cash flow with long-term upside. Located in the heart of vibrant Greenpoint, moments from popular restaurants, cafes, parks, boutique shopping, and convenient transportation. A rare opportunity to acquire a turnkey, income-producing asset in one of Brooklyn's most sought-after neighborhoods.
Full Property Details
Full Property Details for 42 Driggs Ave
General
- Price: $4,100,000
- Taxes: $11,176
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 969749
- Updated: 3/10/2026
- Added to Site: 2 day(s) ago
Parking
- Parking Features: Off Street
Location
- County: Kings (Brooklyn)
Heating & Cooling
- Cooling Type: ENERGY STAR Qualified Equipment
- Heating Type: ENERGY STAR Qualified Equipment
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Connected
Structural Information
- Detached/Attached: Attached
- Construction: Stucco
- Basement: Yes
- Basement Desc.: Partially Finished
- Building Size: 4500
- Square Feet: 4,500
- Year Built: 1931
Lot Features
- Lot Size (Acres): 0.0481
- Lot Size (Sq. Ft.): 2,094
- Zoning: R6B
Financial Considerations
- Tax Amount: $11,176.36
Disclosures and Reports
- Special Conditions: None
- Property ID: 02689-0049
Listed by Zalman L. Pavel
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Schools
Schools serving 42 Driggs Ave
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
Ps 110 The Monitor 124 Monitor Street, Brooklyn, NY 11222 | K-6 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 42 Driggs Ave
Date
Details
Price
Change
Source
3/10/2026
Listed
$4,100,000
81.42%
MLS
5/03/2022
Sold
$2,260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 42 Driggs Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$11,286
8%
$90,292
-87%
2024
$10,457
8%
$685,350
14%
2023
$9,688
5%
$603,000
2%
2022
$9,206
8%
$592,650
8%
2021
$8,528
-2%
$548,100
-4%
2020
$8,663
8%
$571,500
—
2019
$8,025
9%
$571,500
859%
2017
$7,342
—
$59,607
3%
2017
$7,342
6%
$57,725
8%
2016
$6,894
—
$53,478
—
2015
$6,883
14%
$53,427
8%
2014
$6,027
1%
$49,491
8%
2013
$5,965
—
$45,852
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 42 Driggs Ave
42 Driggs Avenue, Brooklyn, NY 11222 (MLS# 969749) is a Commercial property. 42 Driggs Avenue is currently listed for $4,100,000 and was received on March 10, 2026. Want to learn more about 42 Driggs Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

