FOR SALE
918 MANHATTAN AVENUE Greenpoint, Brooklyn
Property Features
MIXED-USE BUILDING WITH AIR RIGHTS
Location Block / Lot
East side of Manhattan Avenue between Greenpoint Avenue and Kent Street
2559 / 7
Lot Dimensions
25’ x 100’
Lot Size
2,500 SF
Building Dimensions
25’ x 50’
Gross Building Size
5,000 SF
Plus full basement
Stories
3
Plus full basement
Residential Units
2
Commercial Units
1
Zoning Commercial / Residential FAR
C4-3A
Built full on the lot R6A equivalent
3.00
Available Air Rights
2,500 SF
Assessment (17/18)
$28,836
Taxes (17/18)
Plus extension
Protected Tax Class 1
$5,878
Information presented herein is subject to change and should be individually verified. All measurements and square footage estimates are approximate.
918 Manhattan
East River Ferry 5 blocks Greenpoint Av
20 min to Grand Central via 7 train
G
Greenpoint Asking Price
$3,999,000
•
Three-story 5,000 SF masonry mixed-use building with a 2,500 SF basement on Greenpoint’s most active retail corridor
•
The building’s 2,500 SF ground floor retail space plus full basement are currently owner-occupied and will be delivered vacant
•
Floors 2 and 3 host large floor-through apartments with 2BR layouts and great ceiling heights. The 3rd floor unit was recently renovated and is leased through June 2018 at $3,500/mo. The 2nd floor unit is currently vacant
•
The asset carries an additional 2,500 SF of market-rate air rights
•
Located on the same block as the Greenpoint Avenue G train station and just five (5) blocks from the East River Ferry terminal
•
Unparalleled location on Manhattan Avenue surrounded by neighborhood favorite restaurants and bars including Paulie Gee’s, Esme, Maman, Starbucks, Budin, Peter Pan Donuts, French Epi, The Bounty as well as several banks and grocery stores
For further information, please contact exclusive agents: Brendan Maddigan
Ethan Stanton
Executive Managing Director
Director
718 307 6507
718 307 6553
Mark Lively
Michael Gigante
Director
Associate Director
718 307 6524
718 307 6555
Michael Purcell
Bogdan Trach
Associate
Senior Associate
718 307 6550
718 307 6554
[email protected] [email protected] CUSHMAN & WAKEFIELD REALTY OF BROOKLYN, LLC One Pierrepont Plaza, 9th Floor, Suite 2, Brooklyn, NY 11201 cushmanwakefield.com
[email protected] [email protected] [email protected] [email protected] Cushman & Wakefield Copyright 2017. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.