Listed by Marcus & Millichap - Manhattan
$3,950,000
194 Greenpoint Avenue
Details
Property Type Retail, Multifamily
Sub Type Apartment Building
Square Footage 3,377
Units 3
Cap Rate 6.80%
NOI $268,600
Price per SqFt $1,170
Year Built 2025
Buildings 1
Zoning R-6
Ground Lease No
About This Property for Sale
Marketing description
194 Greenpoint Avenue presents a rare opportunity to acquire a cash-flowing mixed-use asset at the prominent corner of Greenpoint Avenue and Manhattan Avenue in the heart of Greenpoint. Surrounded by significant residential and commercial development, the property benefits from strong neighborhood fundamentals, excellent visibility, and exceptional access to public transportation. Positioned in one of Brooklyn's most desirable and supply-constrained markets, the asset offers stable current income with long-term appreciation potential.
Listing Contacts
Listed by Marcus & Millichap - Manhattan
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$268,600.00
$22,383.33/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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