70 Greenpoint Ave #1, Brooklyn, NY 11222

70 Greenpoint Ave is a beautiful mixed-use brick building. Located between Greenpoint Ave and West St. 70 Greenpoint Ave contains 6 units 1bd\1bath and one significant large retail space that is built on the entire lot. Five out of six units are free market, the sixth unit is rent stabilized with high legal rent. Great cash flow, the retail space is occupied with storng lease of 5 years and income of $7000 per month. the building has been renovated and well maintained but there is still room for improvement to add value. Additionally the roofs, boilers, water heat tank, plumbing and electricity have been upgraded. The four-story two brick buildings is 5520 SF and is set on 24 ft x 95 ft on lot. The buildings is advantageously situated near public transportation. 2 min walk from the G Greenpoint Ave train. Water view/Manhattan view ! A short walking from a variety of cultural / entertainment establishments, best restaurants/bars and parks in Greenpoint. For OM please contact me.