The listing facts are current enough for an initial property review.
for saleRealtyLens property overview
$3,350,000
177 Java St
Brooklyn, NY, 11222
View more Brooklyn, NY property pages8Beds
3Baths
3,000Sqft
$1117$/sqft
Listing Notes
We are proud to present 177 Java Street in the heart of Greenpoint. Rare opportunity to acquire a 25-foot-wide, three-unit property in prime Greenpoint with strong income and value-add potential. Located on a desirable tree-lined street just off Manhattan Avenue, the building is one block from the G train and two blocks from the Greenpoint waterfront, offering excellent rental appeal and long-term appreciation. The property consists of three residential units: a two bedroom on the first floor, and two Three-bedroom units on the upper floors-well-suited for maximizing rental income in today's work-from-home environment. A fully finished basement includes laundry and additional space for storage, recreation, or potential ancillary use. Built on a 25 x 100 ft lot, the property features approximately 3, 000 sq ft of existing FAR with an additional 2, 000 sq ft of buildable FAR, providing a clear pathway for expansion and increased returns. This is a turnkey opportunity for investors to set market rents, reposition, or develop further. Great rental income, condo conversion, or long-term hold in one of Brooklyn's most consistently performing submarkets.
Market Insights
Below nearby median-10%
$1117/sqft vs a nearby median of $1242/sqft.
Nearby median$1242/sqft
Nearby properties12
Property size3,000 sqft
- -10% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,000 sqft creates a usable price-per-square-foot read.
Pricing Read
Yardstick fair value$3.86M$3.51M – $4.20M · 50% confidence
vs ask $3.35M−$506k (−15.1%)
Asking price is about 15.1% below the fair value — likely to draw competing offers if it's still on market.
$1,242/sqft median across 11 tight comps × 3,000 sqft= $3.73M
- Transit access+$149k +4.0%
- Pre-war character+$93k +2.5%
- Visible condition issues−$75k −2.0%
- Local affordability headwind−$37k −1.0%
Cumulative NYC adjustments+$130k+3.5%
Property Read
The asking price per square foot is below the nearby median, which can be worth a closer comp check.
Price history is still limited; review again as more market activity becomes available.
Diligence Read4 items to check
AI ReadinessReady to analyze
Assistant read
Generate a buyer-agent read of this listing — pricing, risks, comp check, and negotiation leverage. Takes a few seconds.
Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 43 days
- Last price change
- No change recorded
- Listed
- Mar 30, 2026
- Photos
- 18 photos
- Property type
- multi family
- Status
- for sale
- Last sold
- Apr 9, 2019 · $2,190,000
Features & Amenities
Two Or More StoriesBasementRental PropertyDen
Photos
Building Facts
- Year built
- 1915
- Stories
- 3
- Total units
- 3
- Residential units
- 3
- Building area
- 3,000 sqft
- Lot size
- 2,500 sqft
- Land use
- Multi-family walk-up buildings
- Building class
- C0
From NYC public records where available.
Price History
May 4, 2026Initial record
$3,350,000for sale
Public Records
DOB violations0 open
0 total recorded against the building
HPD violations7 open
15 total recorded
ACRIS documents15
Tax-lot deed, mortgage, and transfer records on file
311 calls (12 mo)28,974
Top: illegal parking
Top complaint types in ZIP 11222
- Illegal Parking9,827
- Noise - Residential1,595
- HEAT/HOT WATER1,317
- Blocked Driveway1,187
- Noise - Commercial855
Recent HPD
- May 5, 2026Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 20, 2025Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
- Jun 10, 2025Class A · (A) § HMC:FILE ANNUAL BEDBUG REPORT IN ACCORDANCE WITH HPD RULE AS DESCRIBED ON THE BACK OF THIS NOTICE OF VIOLATION OR AS DESCRIBED ON HPD S WEBSITE, WWW.NYC.GOV\HPD, SEARCH BE...
- Nov 27, 2024Class I · §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE SUBJECT TO CIVIL PENALTIES, PROHIBITE...
Recent Transfers (ACRIS)
- Apr 9, 2019DEED$2,190,000
- Jun 19, 2018DEED, LE
Sourced from NYC Open Data (DOB, HPD, ACRIS). Updated as the city republishes — check the original source for live status.