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130 Coffey Street 130 Coffey St 3 Unit Apartment Building £1,404,062 (£468,021/Unit) Brooklyn, NY 11231

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EXECUTIVE SUMMARY

130 Coffey Street – A Red Hook Opportunity With Room to Grow
Welcome to 130 Coffey Street, a rare three-family townhouse in the heart of Red Hook—a waterfront enclave where tree lined streets meet creative energy. This stately frame building offers a smart opportunity for those looking for rental income.
Configured as three full-floor units, the building provides immediate value and future flexibility. The top-floor apartment will be delivered vacant, presenting the perfect chance to live above your investment or reimagine the space entirely. Think: a sun-soaked owner’s unit with skyline views, or a fresh new rental in one of Brooklyn’s most unique neighborhoods.
Each unit is spacious and full of character, and with the building’s strong bones and classic layout, there's plenty of potential for updates that reflect your style—or your portfolio goals. Whether you're seeking a multi-generational setup, supplemental rental income, or a full-blown investment play, this home checks the right boxes.
Unit 1 a one bedroom with massive garden lease is up at the end of 2025 and is current renting for $2750
Unit 2 lease is up end of 2025 is a 1 bed plus den and rents for $2675
Unit 3 will be delivered empty and was renting for $2800
All leases can be terminated with 60 day notice
Yearly Insurance: $3803
Yearly Flood Insurance : $1419
Electricity for common spaces is around $50 a month
Heating is gas and Gas is $336 a month on budget plan
Hot water heater is less than 2 years old
This is your chance to plant roots in a neighborhood with serious soul. Bring your architect, bring your imagination—or just bring your bags and make the most of this already-income-producing gem.

PROPERTY FACTS

Price	£1,404,062	Costar Property Class	C
Price Per Unit	£468,021	Total Plot Size	0.05 ac
Sale Type	Investment	Property Size	2,877 sq ft
No. Units	3	No. Floors	3
Property Type	Build-to-Rent	Year Built	1899
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Use Class	R5

Price	£1,404,062
Price Per Unit	£468,021
Sale Type	Investment
No. Units	3
Property Type	Build-to-Rent
Property Subtype	Apartment
Apartment Style	Low-Rise
Costar Property Class	C
Total Plot Size	0.05 ac
Property Size	2,877 sq ft
No. Floors	3
Year Built	1899
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Use Class	R5