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Investment Highlights

  • Rent-stabilized six-family with a store in Greenpoint for sale!
  • Commercial lease ends soon!
  • R7A and C2-4 zoning, 4,000 sf buildable left
  • Call L/A Peter Nowik 347-927-6829

Executive Summary

Rent-stabilized six-family with a store for sale in a Prime Greenpoint Location with a subway right around the corner, two blocks to the waterfront, and a pier. With R7A and C2-4 zoning, it has 4,000 sf of buildable area left (please verify with your own architect). Delivered with a commercial lease ending soon.

Financial Summary (Actual - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $4,507,168 CAD
Price Per Unit $751,195 CAD
Sale Type Investment
Cap Rate 4.92%
Sale Condition 1031 Exchange
Gross Rent Multiplier 16
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.06 AC
Building Size 6,000 SF
Average Occupancy 100%
No. Stories 4
Year Built 1928
Zoning R7A, C2-4

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $2,349 CAD 730
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
02541-0003
Land Assessment
$126,763 CAD
Improvements Assessment
$1,138,334 CAD
Total Assessment
$1,265,097 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
  • Listing ID: 41397209

  • Date on Market: 2026-07-22

  • Last Updated:

  • Address: 954 Manhattan Ave, Brooklyn, NY 11222

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