Milton Coste

Licensed Real Estate Associate Broker

(917) 416-7433

SOLD FOR $3,200,000

· Closed June 30, 2022

57 Driggs Avenue
Looking for something similar?

$3,200,000

$557 per sq ft

57 Driggs Avenue

Greenpoint, Brooklyn

MLS® #RLS10780152

RLS at REBNY

Listing by Compass

6

Bedrooms

6

Baths

5,749

Sq. Ft.

1928

Year Built

Quick Summary

Bedrooms 6
Bathrooms 6
Living Area 5,749 sq ft
Year Built 1928
Neighborhood Greenpoint

Property Highlights

  • Views: City
  • Outdoor Space: Building Terrace, Terrace
  • Style: Prewar architecture

Property Details

Type Single Family Residence
Total Rooms 12
Baths 6 Full
View City
Pets Yes
Cross Street Sutton Street/Kingsland Avenue
Year Built 1928
Living Area 5,749 sq ft
Architectural Style Prewar
Parcel # 02706-0011
Block/Lot 2706/11

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 Terrace Terrace

Building Information

Stories 3
Style Prewar

Greenpoint 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 Neighborhood

Active Listings

36

Median Asking Price

$1.86M

Median $/Sqft

$1,533

Avg Days on Market

N/A

New This Week

5

Price Reduced

14%

Sold (30 Days)

5

Median Sale Price

$2.35M

Live data from RLS at REBNY • Updated 3/24/26, 9:24 PM EST

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Location

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57 Driggs Avenue, Greenpoint, Kings County • Near Sutton Street/Kingsland Avenue

MLS® ID: RLS10780152
First Listed: 4/5/2021
Price Changed: 6/7/2022
Closed: 6/30/2022
Contract Date: 6/6/2022

Listing 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 at REBNY

RLS Data display by Keller Williams NYC. Data last updated on 3/25/2026 at 1:24 AM UTC

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