586 Manhattan Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$5,750,000 USD
212-729-6279
586 Manhattan Ave, Brooklyn, NY for Sale
$5,750,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

586 Manhattan Ave
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • High-Income Boutique Assets – Both properties generate strong cash flow with significant rental growth potential
  • Prime Greenpoint Locations – Situated in one of Brooklyn’s most dynamic, rapidly growing neighborhoods, near top restaurants, boutiques, and transit
  • Turnkey Luxury Residences – Fully gut-renovated buildings with premium finishes and modern amenities
  • Tax-Class Protection – Offering long-term stability and investment security

OVERVIEW

Located on the east side of Manhattan Avenue between Nassau Avenue and Driggs Avenue, The Zoe is a three-story, 25-foot walk-up building encompassing approximately 3,900± SF across six (6) luxury residential units. Each unit features an open-concept layout with high-end finishes, including modern kitchens with stainless steel appliances, granite countertops, engineered hardwood flooring, recessed lighting, custom cabinetry, and luxury bathrooms with ceramic tiling. The apartments offer queen-sized bedrooms with generous closet space, split-system HVAC, and in-unit washer/dryers. The common areas at The Zoe have been thoughtfully redesigned, boasting matte black staircases, custom wall art by local artists, and stylish tiled flooring, creating a cohesive and contemporary aesthetic throughout the building.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$1,474 USD /SF

# OF UNITS

6

PRICE/UNIT

$958,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1931

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

02680-0041

ASK ABOUT THIS PROPERTY

Kyle SabathAvison YoungMore Info
212-729-6279

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Kyle SabathAvison YoungMore Info
212-729-6279

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