Cushman & Wakefield has been retained on an exclusive basis to arrange for the sale of a residential development site located at 190 Greenpoint Avenue in Greenpoint, Brooklyn. Currently improved by a three-story, multifamily building which will be delivered vacant, this 25-foot-wide site offers just over 5,000 BSF of development rights. This asset offers a unique opportunity to invest in a rapidly developing part of Greenpoint and immediately capitalize on high residential rents, as well as take advantage of an extremely strong condominium market. The property is located in close proximity to two vibrant retail corridors, just a block from the Greenpoint Avenue G Train Station and five blocks from the Greenpoint East River Ferry terminal on India street. Grand Central Terminal in Manhattan is just a 20 minute commute away via the G and 7 Trains.
Off market
$2,495,200
190 Greenpoint Ave, Brooklyn, NY 11222
4beds
0baths
2,232sqft
MultiFamily
Built in 1901
-- sqft lot
$2,495,200 Zestimate®
$1,118/sqft
$5,965 Estimated rent