1021 Manhattan Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$3,600,000 USD
347-927-6829
1021 Manhattan Ave, Brooklyn, NY for Sale
$3,600,000 USD
Apartments - FOR SALE
1/5
null | 5.69% Cap Rate

1021 Manhattan Ave
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • Mixed-use property in the heart of Greenpoint with three apartments delivered vacant!
  • R7A zone with commercial C2-4 overlay allows for additional 2,005 sf.
  • Renovated in 2015. Qualified Opportunity Zone!

OVERVIEW

I'm happy to offer this income-producing, recently updated mixed-use property on the main artery of Greenpoint. Three apartments might be vacant at the closing. R-7A zone with commercial overlay C2-4 allows for an additional 2,005 SF (please verify it with your architect). The house was last time renovated in 2015. Qualified Opportunity Zone!

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$655 USD /SF

# OF UNITS

6

PRICE/UNIT

$600,000

CAP RATE

5.69%

% LEASED

57%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,873 SF

ZONING

R7A, C2-4

APN/PARCEL ID

02512-0049

ASK ABOUT THIS PROPERTY

Peter NowikTrademarko Realty IncMore Info
347-927-6829

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Peter NowikTrademarko Realty IncMore Info
347-927-6829

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.