| ID # | RLS20071075 |
| Details | 4 bed, 4 bath, 1 half bath, Interior: 3250 ft2, 302m2, 6 Units in the building, Building has 3 floors (DOM): 138 days |
| Construction Year | 1928 |
| Maintenance Fees | $1,334 |
| Taxes (per year) | $15,324 |
| Bus | 1 min: B48 |
| 3 min: B24, Q59 | |
| 6 min: B43, B62 | |
| 7 min: Q54 | |
| Subway | 3 min: L |
| 5 min: G | |
| LIRR | 1.8 miles: "Long Island City" |
| 1.8 miles: "Hunterspoint Avenue" | |
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42 Jackson Street-1031 Replacement Property | 6.34% In-Place Cap
This turnkey investment property offers immediate in-place income in a high-demand North Brooklyn submarket near Williamsburg and Greenpoint. The building features a diversified income stream, consisting of four fully leased, free-market one-bedroom apartments and a ground-floor commercial space with a finished retail basement.
The commercial unit spans approximately 1,000 square feet on the first floor and is currently built out for a salon or personal services use. All four residential units feature efficient layouts with individual split air conditioning and heating systems.
With minimal near-term capital needs, this multi-family asset is a strong fit for investors and 1031 exchange buyers seeking stabilized income and long-term upside. Conveniently located with quick access to neighborhood amenities, dining, and public transportation.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. © 2026 The Real Estate Board of New York, Inc., All rights reserved.






