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Mixed-use in Greenpoint with buildable 4k sf 954 Manhattan Ave 6 Unit Apartment Building $3,200,000 ($533,333/Unit) 4.92% Cap Rate Brooklyn, NY 11222
Investment Highlights
- Rent-stabilized six-family with a store in Greenpoint for sale!
- Commercial lease ends soon!
- R7A and C2-4 zoning, 4,000 sf buildable left
- Call L/A Peter Nowik 347-927-6829
Executive Summary
Rent-stabilized six-family with a store for sale in a Prime Greenpoint Location with a subway right around the corner, two blocks to the waterfront, and a pier. With R7A and C2-4 zoning, it has 4,000 sf of buildable area left (please verify with your own architect). Delivered with a commercial lease ending soon.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,668 | 730 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02541-0003 | Total Assessment | $898,200 |
| Land Assessment | $90,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $808,200 | Tax Year | 2026 |
Property Taxes
Parcel Number
02541-0003
Land Assessment
$90,000
Improvements Assessment
$808,200
Total Assessment
$898,200
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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Contact the Sale Advisor
Mixed-use in Greenpoint with buildable 4k sf | 954 Manhattan Ave