81% FREE-MARKET MULTIFAMILY BUILDING
168 India Street is a renovated ~8,700 SF multifamily
property strategically positioned on the south side
of India Street, between Manhattan Avenue and
McGuinness Boulevard in prime Greenpoint. The building
features 16 residential units, 13 of which are free market
(81%), offering stable income with long-term upside
driven by Williamsburg and Greenpoint’s strong free
market fundamentals. The efficient unit mix includes 2
studios, 13 one-bedrooms, and 1 two-bedroom—ideal
for the young professionals and couples who define
Greenpoint’s thriving rental market.
UNBEATABLE GREENPOINT LOCATION
Just half a block from the Train entrance on Manhattan
Avenue, 168 India Street delivers exceptional transit access
that today’s renters demand. The nearby Greenpoint Ferry
provides an additional seamless connection to Midtown
Manhattan, while McGuinness Boulevard to the east offers
direct access to the Queens Midtown Tunnel for those
traveling by car. This connectivity positions the property at
the center of one of Brooklyn’s most desirable and fastest
growing neighborhoods.
STRONG RESIDENTIAL FUNDAMENTALS
The property’s 13 free-market units provide stable cash
flow with significant long-term appreciation potential as
Williamsburg and Greenpoint continue to demonstrate
some of the strongest residential fundamentals in New
York City. The building also includes a basement and
roof that present potential for amenitization, adding
further value and appeal to prospective tenants.
Greenpoint’s combination of the flourishing Manhattan
Avenue retail corridor, superior Manhattan access,
walkability, dining, and nightlife has made it a top choice
for young professionals seeking efficient, well-located
apartments—precisely what 168 India Street delivers.