
Greenpoint Gem
3 Full Floor units! Large yard! 25 x 100 lot
Marketing description
Rare opportunity to acquire a 25-foot-wide, three-unit property in prime Greenpoint with strong income and value-add potential. Located on a desirable tree-lined street just off Manhattan Avenue, the building is one block from the G train and two blocks from the Greenpoint waterfront, offering excellent tenant appeal and long-term appreciation.
The property consists of three residential units: a two bedroom on the first floor, and two three bedroom units on the upper floors—well-suited for maximizing rental income in today’s work-from-home environment. A fully finished basement includes laundry and additional space for storage, recreation, or potential ancillary use.
Built on a 25 x 100 ft lot, the property features approximately 3,000 sq ft of existing FAR with an additional 2,000 sq ft of buildable FAR, providing a clear pathway for expansion and increased returns.
This is a turnkey opportunity for investors to set market rents, reposition, or develop further. great rental income, condo conversion, or long-term hold in one of Brooklyn’s most consistently performing submarkets
Investment highlights
25 x 100 lot
Renovated and Fully Leased with great Tenants
All leases expire 6/30/26
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