94 Greenpoint Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$7,500,000 USD
646-284-2026
94 Greenpoint Ave, Brooklyn, NY for Sale
$7,500,000 USD
Apartments - FOR SALE
1/23
null | 5.81% Cap Rate

94 Greenpoint Ave
Brooklyn, NY 11222
Greenpoint


OVERVIEW

Prime 7,333 SF Residential Building in Greenpoint Located in the heart of Greenpoint, between Franklin St and Manhattan Ave, this exceptional 7,333 square foot residential building is a prime investment opportunity. Completed in 2016, the new construction building boasts a certificate of occupancy and offers unparalleled luxury and craftsmanship. Building Features: - 8 Units: Each unit is thoughtfully designed, featuring premium appliances, beautiful hardwood floors, and exquisite woodwork. Some units are set up as duplexes, providing spacious living areas. - Private Gardens & Roof Terraces: Ground-floor units include private gardens, while the penthouse units offer private roof terraces with stunning Manhattan views.High-Quality Construction: This brick construction building is built like a tank, with imported doors and meticulous attention to detail, ensuring durability and elegance. - Landmark Block: Situated on a landmark block, this building combines historical charm with modern luxury. Investment Potential: - Condo Conversion Possibility: The building offers the potential for condo conversion, allowing for flexible ownership and investment strategies. - Retail conversion of the ground floor. Greenpoint Ave generates north of $100 per sq. ft. for retail spaces - Versatile Usage: Whether you choose to take one or more units as an owner and collect rent from the remaining units or hold the entire building strictly as an investment, the options are endless. Don't miss out on this rare opportunity to own a top-notch new construction building in one of Brooklyn's most desirable neighborhoods.

FOR SALE DETAILS

PRICE

$7,500,000 USD

PRICE/SF

$1,023 USD /SF

# OF UNITS

8

PRICE/UNIT

$937,500

CAP RATE

5.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2014

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,375 SF

ZONING

-

APN/PARCEL ID

02563-0009

ASK ABOUT THIS PROPERTY

Michal KurasMichal KurasMore Info
646-284-2026

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Michal KurasMichal KurasMore Info
646-284-2026

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