Listing Courtesy of Nest Seekers LLC
$3,400,000
Potential Rebate: $51,000
Presenting 220 Eckford Street: an exceptional development opportunity positioned at the epicenter of Greenpoint's transformation. This 1930 pre-war townhouse represents a rare chance to create something extraordinary in Brooklyn's most coveted neighborhood. Surrounding this prime corner of Greenpoint, new luxury developments have redefined the landscape. Comparable properties command $490-510 per square foot and have been setting new benchmarks for what's possible. While neighboring blocks showcase gleaming new constructions and sophisticated conversions, 220 Eckford stands ready for its own remarkable transformation. DEVELOPMENT VISION: • 4,075 sq ft of existing structure with expansion potential • 25’ x 104’ lot offering significant development rights • $83,244 annual income providing immediate cash flow during planning • Prime positioning among Greenpoint’s newest luxury developments This isn’t just a building. it’s a blank canvas in a neighborhood where vision meets value. Whether your dream is a boutique luxury conversion maximizing the existing footprint or a ground-up development leveraging the generous lot dimensions, 220 Eckford offers the foundation for your development masterpiece. PROPERTY HIGHLIGHTS: Address: 220 Eckford Street, Brooklyn, NY, 11222 Building Class: C3 (four-family walk-up) Stories/Units: 4 stories / 4 units Year Built: 1930 Approximate Building Size: 4,075 sq ft Lot Size: 2600 sq ft (25’ x 104’) Neighborhood: Greenpoint CURRENT UNIT MIX: #1 (Garden Duplex): 2 BD / 2 BA, $3,950/month, renovated recently; 925 Sq Ft #2: 2 BD / 1 BA, estimated $3700/month w garden access; 1100 Sq Ft #3: 3 BD / 1 BA, estimated $3,700/month; 1200 Sq Ft #4: 2 BD / 1 BA, $2,987/month; 850 Sq Ft Units #2 and #3 currently owner occupied INCOME SNAPSHOT: Total Verified Gross Rent: $ 6937/month Total Projected Gross Rent: $14,337/month Unit Mix: 3 BD (1) 2 BD (1), 1 BD (1), 2 BD Garden Duplex (1) Upside Potential: • Renovation of Units 2-4 could reposition rents closer to neighborhood averages and gain $50 to $65+ sqft/year INVESTMENT POTENTIAL: • Fully rented four-family building • Immediate stability + long-term upside through rent growth and upgrades • Flexible ownership: end-user can occupy one unit while collecting income from three others, or maintain as an investment property • Attractive tree-lined block with strong community ties and ongoing demand LOCATION: Situated in Greenpoint, 220 Eckford Street offers the perfect blend of neighborhood charm and connectivity. Just minutes from McCarren and McGolrick Parks, the G train (Nassau & Greenpoint Ave stations), and a vibrant dining and retail scene, the property benefits from consistent tenant demand and long-term value growth. THE TL; DR: • Four-family townhouse with established rent roll • Verified gross rent of $83,224 annually; Projected gross rent: $172,044 annually • Garden duplex with private outdoor space renting at nearly $4,000/month • Prewar details: hardwood floors, exposed brick, decorative fireplaces • Prime Greenpoint location with strong tenant base and appreciation potential
$17,884 per month
30 year fixed, 6.28% Interest
One-time rebate at closing
$51,000
Monthly savings impact
$142/mo
💡 Estimated at 1.5% of purchase price
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: This calculator provides estimates for informational purposes only. Actual monthly payments, interest rates, taxes, and rebate amounts may vary. The rebate calculation is an estimate and subject to final terms. This information is not provided by the Real Estate Board of New York (REBNY).
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RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.
The Real Estate Rebate Team
Listing Courtesy of Nest Seekers LLC
Data Source: TRESTLE #RLS20054011

Compare average listing prices and value metrics for 220 Eckford Street against the surrounding Greenpoint market.
than the Greenpoint price-per-sq-ft average
Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
Greenpoint is Brooklyn's trendy northern tip. For buyers seeking Greenpoint Brooklyn real estate, it offers waterfront condos.
Living in Greenpoint is cool. As a Brooklyn NYC neighborhood, it has Polish roots and modern vibes.
Homes for sale in Greenpoint are mix of frame houses and glass condos.
The lifestyle is hipster-chic.
G train and Ferry.
McCarren Park and Transmitter Park.
Trend-conscious buyers.

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