605-607 Manhattan Ave - Apartments CONDO FOR SALE


Brooklyn, NY 11222- Greenpoint
$3,900,000 USD
646-284-2026
605-607 Manhattan Ave, Brooklyn, NY for Sale
$3,900,000 USD
Apartments CONDO - FOR SALE
1/18
null | 6.09% Cap Rate

Mar '30


605-607 Manhattan Ave
Brooklyn, NY 11222
Greenpoint


OVERVIEW

605–607 Manhattan Avenue | Greenpoint Retail Condos For Sale Manhattan Avenue is the prime retail corridor in Greenpoint, anchored by national and neighborhood tenants including Chase Bank, TD Bank, Santander, T-Mobile, Sweetgreen, Associated Supermarket, Rite Aid, Paloma Bakery and Pierozek. 605–607 Manhattan Avenue is positioned between Driggs Avenue and Nassau Avenue, half a block from the Nassau Avenue G train and moments from McCarren Park. Strong foot tra?c, dense residential base, and consistent retail demand. Investment Overview Two retail condominiums o?ered together for $3,900,000 • Combined Income: $20,500/month • Annual Income: $246,000 • Real 6% Cap Rate • Triple Net Leases • Minimal to zero management Clean income-producing asset in one of Brooklyn’s strongest retail

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$609 USD /SF

CAP RATE

6.09%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

17,500 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1931

SPRINKLERS

-

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

R6A/C2-4

APN/PARCEL ID

02679-1207,02679-1304,02679-7501,02679-7502

ASK ABOUT THIS PROPERTY

Michal KurasMichal KurasMore Info
646-284-2026

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Michal KurasMichal KurasMore Info
646-284-2026

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