194 Greenpoint Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$3,950,000 USD
718-475-4357
194 Greenpoint Ave, Brooklyn, NY for Sale
$3,950,000 USD
Apartments - FOR SALE
1/11
null | 6.8% Cap Rate

194 Greenpoint Ave
Brooklyn, NY 11222
Greenpoint


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$1,097 USD /SF

# OF UNITS

3

PRICE/UNIT

$1,316,667

CAP RATE

6.8%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,557 SF

ZONING

R-6

APN/PARCEL ID

02575-0009

ASK ABOUT THIS PROPERTY

Daniel GreenblattMarcus & MillichapMore Info
718-475-4357

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

Daniel GreenblattMarcus & MillichapMore Info
718-475-4357

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