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605-607 Manhattan Ave 4,900 SF Retail Condo Unit Offered at $5,333,367 CAD in Brooklyn, NY 11222
Property Facts
| Total Building Size | 17,500 SF | Typical Floor Size | 3,500 SF |
| Property Type | Multifamily (Condo) | Year Built | 1931 |
| Property Subtype | Apartment | Lot Size | 0.09 AC |
| Building Class | B | Parking Ratio | 0.06/1,000 SF |
| Floors | 5 | ||
| Zoning | R6A/C2-4 - Residential with a commercial overlay | ||
| Total Building Size | 17,500 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 3,500 SF |
| Year Built | 1931 |
| Lot Size | 0.09 AC |
| Parking Ratio | 0.06/1,000 SF |
| Zoning | R6A/C2-4 - Residential with a commercial overlay |
Amenities
Unit Amenities
- Air Conditioning
- Storage Space
- Washer/Dryer
- Heating
- Hardwood Floors
- Surround Sound
- Walk-In Closets
- Basement
- Double Pane Windows
- Wheelchair Accessible (Rooms)
Site Amenities
- Controlled Access
- Concierge
- Laundry Facilities
- Storage Space
- Conference Rooms
1 Unit Available
Unit Commercial
| Unit Size | 4,900 SF | Sale Type | Investment or Owner User |
| Price | $5,333,367 CAD | Cap Rate | 6.09% |
| Price Per SF | $1,088.44 CAD | NOI | $324,596.92 CAD |
| Condo Use | Retail |
| Unit Size | 4,900 SF |
| Price | $5,333,367 CAD |
| Price Per SF | $1,088.44 CAD |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.09% |
| NOI | $324,596.92 CAD |
Description
605–607 Manhattan Avenue | Greenpoint Retail Condos For Sale
Manhattan Avenue is the prime retail corridor in Greenpoint,
anchored by national and neighborhood tenants including Chase
Bank, TD Bank, Santander, T-Mobile, Sweetgreen, Associated
Supermarket, Rite Aid, Paloma Bakery and Pierozek.
605–607 Manhattan Avenue is positioned between Driggs Avenue
and Nassau Avenue, half a block from the Nassau Avenue G train
and moments from McCarren Park. Strong foot tra?c, dense
residential base, and consistent retail demand.
Investment Overview
Two retail condominiums o?ered together for $3,900,000
- Combined Income: $20,500/month
- Annual Income: $246,000
- Real 6% Cap Rate
- Triple Net Leases
Minimal to zero management
Clean income-producing asset in one of Brooklyn’s strongest retail Corridors.
Sale Notes
605–607 Manhattan Avenue | Greenpoint Retail Condos For Sale
Manhattan Avenue is the prime retail corridor in Greenpoint,
anchored by national and neighborhood tenants including Chase
Bank, TD Bank, Santander, T-Mobile, Sweetgreen, Associated
Supermarket, Rite Aid, Paloma Bakery and Pierozek.
605–607 Manhattan Avenue is positioned between Driggs Avenue
and Nassau Avenue, half a block from the Nassau Avenue G train
and moments from McCarren Park. Strong foot tra?c, dense
residential base, and consistent retail demand.
Investment Overview
Two retail condominiums o?ered together for $3,900,000
- Combined Income: $20,500/month
- Annual Income: $246,000
- Real 6% Cap Rate
- Triple Net Leases
Minimal to zero management
Clean income-producing asset in one of Brooklyn’s strongest retail
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| Mr Nice Guys BK |
-
|
Jan 0000
|
| Dog Park Daycare Inc. |
-
|
Jan 0000
|
Presented by
605-607 Manhattan Ave
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