212-376-5450
168 India St, Brooklyn, NY for Sale
Apartments - FOR SALE
1/3
null | Request Cap Rate

168 India St
Brooklyn, NY 11222
Greenpoint


OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

16

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6

APN/PARCEL ID

02541-0020

ASK ABOUT THIS PROPERTY

212-376-5450

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

212-376-5450

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