587 Manhattan Ave
Brooklyn, NY 11222
Retail Property For Sale

- Retail condominium with ~35 feet of high visibility frontage on Manhattan Avenue, Greenpoint’s main retail corridor - Nearly 15-foot ceilings on the ground floor - The condo spans two levels in a brand new luxury development - Leased to a wine bar for a 10-year term with a 5-year option. After the abated rent of $102,000 in year one, the rent will rise to $108,000 in year two with 3% annual increases thereafter -Nassau Avenue G train station (3 million riders annually) is on the same block and several CitiBike locations are in the immediate vicinity - Unparalleled location on Manhattan Avenue surrounded by neighborhood favorites including Five Leaves, Torst, Spritzenhaus, Frankels, Peter Pan Donuts, Charlotte Patiserie and Greenpoint Fish & Lobster among dozens of other bars and restaurants