972-974 Manhattan Ave
Brooklyn, NY 11222
Multifamily Property For Sale · 24 Units

FANTASTIC INVESTMENT OPPORTUNITY!!! This beautiful 5 stories, mixed-used, brick building consists of 24 residential units and 5 commercial units. It is located on the North-Eastern corner of Manhattan Avenue and India Street. Greenpoint Ave stop of the "G" train is right on this corner. The waterfront is just 2 blocks away. Manhattan Ave is the most dynamic street in Greenpoint where commercial rents range from $80-100 per SF. 4500SF on the Ground floor is giving enormous retail opportunity. Starbucks, McDonalds, all the banks( Chase, Bank of America, HSBC, Citibank, Dime, Greenpoint Bank), Rite Aid, Duane Reade, Eckerd, Police station, Post office are your surrounding neighbors. Commercial space consists of 5 spaces: 1. 2000Sf corner (currently deli), 2. 500SF , 3. 650 SF - currently Massage space, 4. 400SF , 5. 650SF. Possibility of all retail being delivered vacant at the closing. Residential consists of 16x2BR(s) 8x3BR(s). 1 Rent controlled and 23 rent stabilized apartments. All apartments are approx. 700SF. Possibility of 11 apartments being delivered empty at the closing. 972 Manhattan Ave Unit #: Income: Exp. Date: Unit 1 Comm. $0 vacant Unit 2 Comm. $0 vacant Unit 3 Comm. $0 vacant Unit 4 Comm. $0 vacant Unit 5 Comm. $0 vacant 1 res $892.61 3/1/2018 2BR 2 res $0.00 vacant 3BR 3 res $641.12 3/31/2018 2BR 4 res $0.00 vacant 2BR 5 res $0.00 vacant 2BR 6 res $0.00 vacant 2BR 7 res $587.66 1/31/2017 2BR 8 res $697.91 3/31/2018 3BR 9 res $877.17 vacant 2 BR 10 res $1,556.17 3/31/2017 2BR 11 res $648.83 3/31/2018 2BR 12 res $0.00 vacant 2BR 13 res $0.00 vacant 2BR 14 res $736.05 3/31/2018 3BR 15 res $0.00 vacant 2BR 16 res $523.15 3/31/2018 2BR 17 res $0.00 vacant 2BR 18 res $0.00 vacant 2BR 19 res $1,500.12 2/28/2017 2 BR 20 res $664.75 3/31/2018 3 BR 21 res $600.06 3/31/2017 2 BR 22 res $674.92 3/31/2018 2 BR 23 res $0.00 vacant 2 BR 24 res $699.85 3/31/2017 2 BR