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193 Greenpoint Ave 11 Unit Apartment Building $9,600,000 ($872,727/Unit) Brooklyn, NY 11222
Investment Highlights
- 100% Free Market
- Wraparound frontage on Greenpoint Ave and McGuiness Blvd
- Prime Greenpoint Location with proximity to G train
- Residential portion offers Tax Class 2C designation
- Fully Electric Building
- Meticulously constructed units with no capital expenditures needed
Executive Summary
Avison Young, as the exclusive agent, is pleased to offer for sale 193 Greenpoint Avenue (the “Property”), a 5-story mixed-use walk-up building featuring 25’ of frontage on the north side of Greenpoint Avenue block-through to McGuinness Boulevard in Greenpoint. The Property spans approximately 8,950 ± square and consists of ten (10) residential units above one (1) ground floor commercial unit. The commercial unit is occupied by J’adore - salon de coiffure through 2029. The residential and commercial components sit on\ separate tax lots and benefit from a protected Tax Class C and Tax Class 4 designation, respectively, offering long-term tax stability.
Property Facts
| Price | $9,600,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $872,727 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| No. Units | 11 | Building Size | 8,950 SF |
| Property Type | Multifamily | No. Stories | 5 |
| Property Subtype | Apartment | Year Built/Renovated | 1930/2023 |
| Zoning | R6A, C2-4 - Medium density residential district | ||
| Price | $9,600,000 |
| Price Per Unit | $872,727 |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 8,950 SF |
| No. Stories | 5 |
| Year Built/Renovated | 1930/2023 |
| Zoning | R6A, C2-4 - Medium density residential district |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
1 1
Walk Score®
Walker's Paradise (98)
Transit Score®
Excellent Transit (73)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | 02559-1401 | Improvements Assessment | $66,150 |
| Land Assessment | $13,500 | Total Assessment | $79,650 |
Property Taxes
Parcel Number
02559-1401
Land Assessment
$13,500
Improvements Assessment
$66,150
Total Assessment
$79,650
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193 Greenpoint Ave
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