193 Greenpoint Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$9,600,000 USD
718-606-7058
193 Greenpoint Ave, Brooklyn, NY for Sale
$9,600,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

193 Greenpoint Ave
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • 100% Free Market
  • Residential portion offers Tax Class 2C designation
  • Wraparound frontage on Greenpoint Ave and McGuiness Blvd
  • Fully Electric Building
  • Prime Greenpoint Location with proximity to G train
  • Meticulously constructed units with no capital expenditures needed

OVERVIEW

Avison Young, as the exclusive agent, is pleased to offer for sale 193 Greenpoint Avenue (the “Property”), a 5-story mixed-use walk-up building featuring 25’ of frontage on the north side of Greenpoint Avenue block-through to McGuinness Boulevard in Greenpoint. The Property spans approximately 8,950 ± square and consists of ten (10) residential units above one (1) ground floor commercial unit. The commercial unit is occupied by J’adore - salon de coiffure through 2029. The residential and commercial components sit on\ separate tax lots and benefit from a protected Tax Class C and Tax Class 4 designation, respectively, offering long-term tax stability.

FOR SALE DETAILS

PRICE

$9,600,000 USD

PRICE/SF

$2,706 USD /SF

# OF UNITS

11

PRICE/UNIT

$872,727

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

R6A, C2-4

APN/PARCEL ID

02559-0037

ASK ABOUT THIS PROPERTY

Patrick MadiganAvison YoungMore Info
718-606-7058

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Patrick MadiganAvison YoungMore Info
718-606-7058

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