SOLD FOR $3,200,000
· Closed June 30, 2022
57 Driggs Avenue
MLS® #RLS10780152
Listing by Compass
6
Bedrooms
6
Baths
5,749
Sq. Ft.
1928
Year Built
Quick Summary
Property Highlights
- Views: City
- Outdoor Space: Building Terrace, Terrace
- Style: Prewar architecture
Property Details
Listing History
| Event | Date | Price | Change |
|---|---|---|---|
| Listed | Apr 5, 2021 | $3,200,000 | - |
| Price Reduced | Jun 7, 2022 | $3,290,000 | +2.8% |
Description
Compass Commercial is pleased to present 57 Driggs Avenue. 57 Driggs is a 5750 SF, fully free-market brick 4 family over 2,500 SF of SouthEastern facing commercial corner frontage. The property is tax class protected, and has significant upside potential rarely available in this area of North Brooklyn. This rare, value-added opportunity is ideally located in one of the most vibrant and fast-growing sections of Brooklyn, on the border of Williamsburg and Greenpoint. It's within walking distance to both the L and G trains, and located only 1 block from beautiful McGolrick Park. Each unit is individually metered so tenants pay for their own utility usage, and there is a separate water meter for the commercial space. This property represents a tremendous repositioning opportunity, especially with current commercial rent comps at nearly four dollars per foot. This is a quality asset, ready for new generational ownership, and presents a realistic 7.5% Pro Forma Cap Rate. Metrics: -4 residential units -2,500 SF of corner Commercial/retail with full basement that has 9 ft ceilings -All units individually metered for utilities. -Protected tax class 2A -Nearby Trains: L & G
Features & Amenities
Exterior Features
Building Information
About Greenpoint
View All Greenpoint ListingsGreenpoint is a neighborhood that perfectly balances its industrial heritage with a modern, creative spirit. Known for its stunning views of the Manhattan skyline and its rich industrial heritage, the area has become a premier destination for luxury living. The real estate landscape features a mix of historic multi-family homes, converted factory lofts, and a new wave of high-end glass towers along the East River waterfront.
Greenpoint Live Market Data
View NeighborhoodActive Listings
66
Median Asking Price
$1.90M
Median $/Sqft
$1,485
Avg Days on Market
N/A
New This Week
7
Price Reduced
21%
Sold (30 Days)
9
Median Sale Price
$1.07M
Live data from RLS at REBNY • Updated 6/1/26, 9:37 AM EST
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Location
57 Driggs Avenue, Greenpoint, Kings County • Near Sutton Street/Kingsland Avenue
Building Information
Official NYC property records for this building
Tax & Assessment
Note: Individual unit taxes may differ. Verify current tax bills with NYC DOF.
Source: NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning (data.cityofnewyork.us)
Want help estimating ownership costs or understanding building compliance? Let's discuss
Listing Data
RLS® at REBNY (Real Estate Board of New York) via Trestle API. Updated in real-time.
Building Data
NYC PLUTO (Primary Land Use Tax Lot Output), NYC Department of City Planning. Updated quarterly.
Market Data
RLS® at REBNY (Real Estate Board of New York). Live data updated in real-time.
Map & Location
OpenStreetMap contributors via Leaflet. Geocoding via Nominatim.
All data is provided for informational purposes only and should be independently verified. See our Data Sources Policy for more information.
Frequently Asked Questions
Common questions about this property
This property has 6 bedrooms and 6 full bathrooms.
The listed interior living area is 5,749 square feet. Verify dimensions independently during due diligence.
According to MLS records, the building was constructed in 1928, making it approximately 98 years old.
Pets are permitted at this property. Contact the listing broker for weight limits or breed restrictions.
At the current list price of $3,200,000 for 5,749 sq ft, the asking price per square foot is approximately $557. This figure is for reference only and may differ from appraised or assessed values.
To schedule a private showing, contact Milton Coste at (917) 416-7433 or [email protected]. Per REBNY guidelines effective 2025, a Buyer Representation Agreement is required before a buyer's broker can show you properties. You may attend open houses independently without one.
Have a question not answered here?
(917) 416-7433Listing Courtesy of Compass - Jeff Valcourt
Listing Contact: (917) 244-5321
Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing 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. This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Broker Commission Disclosure: Broker commissions are not set by law and are fully negotiable.
Buyer Notice: Planning to work with a buyer's broker? A Buyer Representation Agreement is required before your broker can show you properties, per REBNY/UCBA guidelines (effective 2025). You may attend open houses independently without one.
RLS Data display by Keller Williams NYC. Data last updated on 6/1/2026 at 1:37 PM UTC