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66 Greenpoint Ave 8,500 SF 100% Leased Office Building Brooklyn, NY 11222 $8,900,000 ($1,047.06/SF) 6% Cap Rate



Investment Highlights
- Prime Location
- Walking Distance to Transportation
- In-Place Cashflow
Executive Summary
68 Greenpoint Avenue is a well-positioned, mixed-use commercial property in the heart of Greenpoint, one of New York City’s most desirable neighborhoods. The four-story building features two ground-floor retail units and three upper-floor-through commercial spaces, offering a total estimated 11,480 square feet. Its waterfront-adjacent location, just one block from the G train at Greenpoint Avenue station and three blocks from the East River Ferry on India Street, enhances accessibility and appeal for tenants in retail, office, and creative sectors.
Greenpoint, Brooklyn, is undergoing a major residential transformation through waterfront rezoning. Greenpoint Landing and related projects have delivered over 1,000 units since 2023, with 1 Java Street (834 units) nearing completion in 2025 and Kingsland Commons Phase 2 (311 affordable units) under construction. Upcoming proposals from TF Cornerstone and Park Tower Group will add over 2,000 more, pushing the neighborhood toward 5,500+ new residences by the early 2030s and cementing Greenpoint as one of Brooklyn’s fastest-growing residential hubs.
Greenpoint, Brooklyn, is undergoing a major residential transformation through waterfront rezoning. Greenpoint Landing and related projects have delivered over 1,000 units since 2023, with 1 Java Street (834 units) nearing completion in 2025 and Kingsland Commons Phase 2 (311 affordable units) under construction. Upcoming proposals from TF Cornerstone and Park Tower Group will add over 2,000 more, pushing the neighborhood toward 5,500+ new residences by the early 2030s and cementing Greenpoint as one of Brooklyn’s fastest-growing residential hubs.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Building Size
8,500 SF
Building Class
C
Year Built
1931
Price
$8,900,000
Price Per SF
$1,047.06
Cap Rate
6%
NOI
$534,000
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,125 SF
Building FAR
3.25
Lot Size
0.06 AC
Zoning
M1-2/R6A
Amenities
- Metro/Subway
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- An Choi
- Accommodation and Food Services
- -
- $42.50
- Modified Gross
- Jul 2027
- Di An Di
- Accommodation and Food Services
- -
- -
- -
- -
- Hail Mary
- Retailer
- -
- -
- Triple Net
- Mar 2026
- Vanesa Daschuta
- Public Administration
- -
- -
- -
- -
- Visual Inclination LLC
- Retailer
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| An Choi | Accommodation and Food Services | - | $42.50 | Modified Gross | Jul 2027 | |
| Di An Di | Accommodation and Food Services | - | - | - | - | |
| Hail Mary | Retailer | - | - | Triple Net | Mar 2026 | |
| Vanesa Daschuta | Public Administration | - | - | - | - | |
| Visual Inclination LLC | Retailer | - | - | - | - |
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (95)
Property Taxes
| Parcel Number | 02562-0017 | Improvements Assessment | $1,227,600 |
| Land Assessment | $102,600 | Total Assessment | $1,330,200 |
Property Taxes
Parcel Number
02562-0017
Land Assessment
$102,600
Improvements Assessment
$1,227,600
Total Assessment
$1,330,200
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Presented by
J.P Weber Inc.
66 Greenpoint Ave
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