638 Humboldt Street

Brooklyn, NY 11222

Presenting a rare opportunity to own a double-lot package in the heart of Greenpoint, Brooklyn. 636 and 638 Humboldt Street are being offered together, delivering a combined 50 feet of frontage and over 8,380 SF of potential — ideal for investors, developers, or end-users seeking long-term upside in one of Brooklyn’s most desirable and rapidly evolving neighborhoods. 638 Humboldt currently has 6 units which have existing rent rolls in place. Offering memo available upon request. NOI - $63,674.08 CAP RATE: 7.11% Both properties sit on R6B-zoned lots with a combined lot size of approximately 5000 SF, offering significant development potential or existing cash flow as income-generating assets with a very low entry point. Whether you choose to hold and collect, renovate and reposition, or develop from the ground up, the possibilities are immense. Nestled on a charming tree-lined block just steps from McGolrick Park and close to Nassau Avenue, this location offers the perfect blend of neighborhood charm and urban accessibility. Residents enjoy easy access to the G train, local dining institutions, cafes, and boutique retail.

Listing courtesy of Keller Williams Points North barry@barrypaley.com


Based on information submitted to the MLS GRID as of 2025-06-25 04:27 AM EDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.