*All tours are by appointment* Introducing 14–18 Russell Street, currently setup as a four-unit multifamily property offering 56 feet of frontage, including a garage with a legal curb cut. The main structure at 18 Russell, which consists of three apartments, is connected to an independent “tiny house,” which in turn is attached to the garage at 14 Russell Street, for a total of approximately 4,000 square feet.
Available for the first time in over 40 years, 14–18 Russell represents one of the most unique investment opportunities in the rapidly appreciating McGolrick Park area of Greenpoint. Additionally, the property is conveniently located near the L and G trains as well as McCarren Park.
Whether purchasing as an investor or a savvy end user, the property offers flexible configurations. Live in the standalone tiny house and enjoy the backyard and garage while benefiting from the income-producing, free-market apartments next door, or take advantage of the substantial remaining FAR to expand and customize the existing footprint. The property is zoned R6B, benefits from a protected tax class (2A), and can be delivered vacant.
Listed by Jeffrey L Valcourt
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License #10301217564
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Compass
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(917) 244-5321
Last updated September 06, 2025
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Source: REBNY #RLS20031458
Listing Facts
TypeMulti-family
NeighborhoodGreenpoint
Bedrooms6
Bathrooms4
Days on Prevu85
Taxes$11,496/year
Size4,000 sqft
Price per sqft$800
Location
Mortgage Calculator
Listing History
09/02/2025
Price Decreased
$3,200,000
06/17/2025
Listed by Compass
$3,500,000
Estimated Closing Costs
Total
$121,180
Attorney Fees
$4,000
NYC Mansion Tax
$48,000
Title Insurance
$14,400
Bank Attorney
$1,500
Mortgage Recording Tax
$49,280
Other Closing Costs
$4,000
Estimated closing costs are based on the list price of $3,200,000 and a 20% downpayment. These estimates are for indicative purposes only. Actual closing costs may vary for each transaction. See the Closing Costs Calculator for calculations specific to your situation.
Property Details for 18 Russell Street
Association
Amenities
Pets Allowed: Building No, No
Compensation
Commissions
Buyer Agency Compensation: 1.5Percent
Exterior
Construction
Number Of Units Total: 4
Property Condition: Good Condition
Stories Total: 3
Structure Type: Multi Family
Window Features: Skylight(s)
Year Built: 1920
Entry Level: 1
Measurements
Building Area Total: 4,000
Building Area Units: SquareFeet
Lot Size Area: 2,754
Lot Size Dimensions: 27,541
Lot Size Units: SquareFeet
Financial
Taxes
Tax Annual Amount: $11,496.00
Interior
Features
Appliances: Gas Cooktop, Stainless Steel Appliance(s)
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.