Marcus & Millichap - Tri Borough Multi-Family

993 Manhattan Avenue Greenpoint Brooklyn, New York

993 Manhattan Avenue
Brooklyn, NY

info heading

info content

Price: $5,650,000
Year Built: 1931
Building Size: 17,250 Square Feet
Lot Size: 3,850 Square Feet
Description:

Investment Overview

Marcus & Millichap is pleased to offer 993 Manhattan Avenue, located on the corner of Manhattan Avenue in the Greenpoint section of Brooklyn, New York.

The subject property, 993 Manhattan Avenue, is a five-story apartment building that consists of 10 studio apartments, 7 two-bedroom apartments, 3 three-bedroom apartments, and 5 retail spaces. The property is built 50 feet by 69 feet with approximately 17,250 gross square feet. The property is zoned R7A, C 2-4 (Block: 2532, Lot: 40)

This property offers investors the rare opportunity to purchase a corner mixed use building with twenty apartments and over 100 feet of retail frontage in the heart of Greenpoint, Brooklyn, NY.

Investment Highlights

  • Rare Corner Mixed Use Building in the heart of Greenpoint
  • First Sale in over 25 Years
  • Only Four Subway Stops into Manhattan | Two Blocks to G Subway Line | Three Blocks to Greenpoint Landing Ferry into Manhattan
  • Corner Retail | Over 100 Feet of Retail Frontage
  • Twenty Rent Regulated Apartments
  • Attractive Unit Mix | Low Average Rent
  • Five Retail Spaces on Manhattan Avenue and Huron Street