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- LoopNet Team
Greenpoint Avenue Near Manhattan Ave
Brooklyn, NY 11222
RARE Greenpoint Ave@Manhattan Ave Mixed Use · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Metro/Subway
- Storage Space
ABOUT GREENPOINT AVENUE NEAR MANHATTAN AVE , BROOKLYN, NY 11222
•Well Maintained 4 Story Walkup with Ground Flr Store & Commercial Basement + 6 x 2BR, 1Bath-Front & Back Apartments-5 of which are Rent Stabilized plus 1 Free Market Unit. •Approx 25’ frontage on Highly Trafficked Greenpoint Ave Shopping District. 4900 Built SF,R6B/C2-4 zone, 2.0FAR •Current Store is Long Time Professional Office Tenant paying only $3000/month on a month to month basis. •(Current Market Rent at this location for 1200sf store is between $5000-$6000/month (ie. $50-$60/sf/year) •Bldgs C2-4 Zoning allows for a 2nd Basement Level Store which currently rent for between $20-$25/sf/year at this location* *(This area right now is Under Utilized as storage space. Upside here would be for New Owner to convert this space to either a separate 1000sf Basement Level Store/Office Space or as Additional Lower Duplex Space for Ground Level Store)
PROPERTY TAXES
| Parcel Number | 02559-0050 | Improvements Assessment | $627,750 |
| Land Assessment | $11,250 | Total Assessment | $639,000 |
PROPERTY TAXES
