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954 Manhattan Ave
Brooklyn, NY 11222
Mixed-use in Greenpoint with buildable 4k sf · Multifamily Property For Sale · 6 Units

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.

Property Facts

Price Per Unit $533,333
Sale Type Investment
Cap Rate 4.92%
Sale Condition 1031 Exchange
Gross Rent Multiplier 16
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 4
Year Built 1928
Zoning R7A, C2-4

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,668 730

Property Taxes

Property Taxes

Parcel Number
02541-0003
Land Assessment
$90,000
Improvements Assessment
$808,200
Total Assessment
$898,200
  • Listing ID: 41397209

  • Date on Market: 7/22/2026

  • Last Updated:

  • Address: 954 Manhattan Ave, Brooklyn, NY 11222

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