688 Manhattan Ave - Apartments FOR SALE


Brooklyn, NY 11222- Greenpoint
$3,995,000 USD
718-710-8170
688 Manhattan Ave, Brooklyn, NY for Sale
$3,995,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

688 Manhattan Ave
Brooklyn, NY 11222
Greenpoint


OVERVIEW

Public Remarks Welcome to 688 Manhattan Avenue, a standout mixed-use investment property located in the heart of Greenpoint. This well-maintained building features six free-market residential units and three commercial spaces, with two stores currently vacant, offering an excellent opportunity for a new business or additional income potential. The residential units consist of a mix of one- and two-bedroom apartments, providing strong and consistent rental appeal. The property is in excellent overall condition and presents a compelling opportunity for investors seeking stable cash flow and solid returns. Ideally positioned in one of Brooklyn’s most sought-after neighborhoods, the building is close to McCarren Park, McGolrick Park, and convenient transportation options including the Nassau Avenue G train and the Bedford Avenue L train, which is just one stop from Manhattan. Residents and businesses alike benefit from the area’s renowned restaurants, shops, and neighborhood amenities, making this location highly attractive for both residential and commercial tenants.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$720 USD /SF

# OF UNITS

6

PRICE/UNIT

$665,833

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

0.04 AC

LAND SF

1,742 SF

ZONING

R6A

APN/PARCEL ID

02647-0056

ASK ABOUT THIS PROPERTY

Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

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Marek SobolewskiTrademarko RealtyMore Info
718-710-8170

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