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 Hooka 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 owners unit with skyline views, or a fresh new rental in one of Brooklyns most unique neighborhoods.
Each unit is spacious and full of character, and with the buildings strong bones and classic layout, there's plenty of potential for updates that reflect your styleor 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 90 day notice
Insurance: $3803
Flood Insurance : $1419
Electricity for common spaces is around $50 a month
Heating is gas and Gas is $336 a month onbudget 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 imaginationor just bring your bags and make the most of this already-income-producing gem.