288 McGuinness Blvd - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$2,150,000 USD
619-909-2599
288 McGuinness Blvd, Brooklyn, NY for Sale
$2,150,000 USD
Apartments - FOR SALE
1/19
null | 4.62% Cap Rate

288 McGuinness Blvd
Brooklyn, NY 11222
Greenpoint


HIGHLIGHTS

  • Exposed Brick
  • Lots of natural Light
  • Access to the backyard with nearly 1000 sq.ft

OVERVIEW

Charming Three-Family Home in Prime Greenpoint. Welcome to 288 McGuinness Boulevard, a rare opportunity to own a well-preserved three-family home in the heart of Greenpoint. Whether you're an investor seeking a strong asset or a homeowner looking to live in one unit while generating rental income from the other two, this property offers exceptional potential. Built in 1899, this home retains its original architectural charm while offering modern comforts. High ceilings, exposed brick walls, and open floor plans define each of its three well-maintained two-bedroom apartments. Unit Breakdown First Floor: A spacious 2-bedroom, 1-bathroom unit (approx. 800 sq. ft.) featuring a private, nearly 1,000 sq. ft. yard-perfect for outdoor living, entertaining, or gardening. This unit provides a rare urban retreat with ample space to unwind. Second Floor: A character-filled 2-bedroom, 1-bathroom residence (approx. 680 sq. ft.) that blends historic charm with modern updates. Exposed brick, high ceilings, and contemporary finishes create a warm yet stylish ambiance, while large windows flood the space with natural light Third Floor: A bright 2-bedroom, 1-bathroom home (approx. 680 sq. ft.) that exudes vintage appeal with thoughtful modern touches. Tall ceilings, an open floor plan, and unique architectural details make this unit both cozy and spacious, offering a perfect blend of old-world charm and contemporary convenience. Location & Investment Potential Set in a rapidly growing neighborhood with new waterfront parks and ongoing development, 288 McGuinness Boulevard is positioned for long-term value. The property is zoned M1-1, allowing for live/work flexibility or the potential for a storefront conversion. With easy access to transit-including the G train (one block away) and the East River Ferry (three blocks away)-residents enjoy seamless connectivity to Manhattan and beyond. Additionally, Greenpoint's vibrant shops, cafes, and parks are just steps away, making this an unbeatable location. Don't miss this incredible opportunity to own a gem in one of Brooklyn's most desirable neighborhoods!

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$995 USD /SF

# OF UNITS

3

PRICE/UNIT

$716,667

CAP RATE

4.62%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Storefront Retail/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,891 SF

ZONING

M1-1

APN/PARCEL ID

02542-0002

ASK ABOUT THIS PROPERTY

Alexandra SkibaHighline ResidentialMore Info
619-909-2599

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Alexandra SkibaHighline ResidentialMore Info
619-909-2599

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