688 Manhattan Ave
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688 Manhattan Ave
6 Unit Apartment Building $5,700,000 ($950,000/Unit) Brooklyn, NY 11222
Executive Summary
Welcome to 688 Manhattan Ave, an exceptional income-producing mixed-use property located in the vibrant hub of Greenpoint. The property boasts six free market apartments and three commercial spaces, with one currently vacant-perfect for a new business venture. This prime real estate opportunity offers great return on investment with a mix of 1 and 2-bedroom units. The entire building is well-maintained and in excellent condition. This property promises strong rental income. Situated in the premier Greenpoint neighborhood of Brooklyn, the property is conveniently close to McCarren and McGolrick Parks, the Nassau Avenue G train station, and the Bedford Avenue L train station-just one stop from Manhattan. Enjoy the proximity to Brooklyn's finest restaurants and all other amenities, making this a highly desirable location for both residential and commercial tenants.
Property Facts
| Price | $5,700,000 | Apartment Style | Mid Rise |
| Price Per Unit | $950,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.04 AC |
| No. Units | 6 | Building Size | 5,552 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1930 |
| Price | $5,700,000 |
| Price Per Unit | $950,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.04 AC |
| Building Size | 5,552 SF |
| No. Stories | 4 |
| Year Built | 1930 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 3 | - | - |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Excellent Transit (84)
Bike Score ®
Biker's Paradise (96)
PROPERTY TAXES
| Parcel Number | 02647-0056 | Improvements Assessment | $1,338,570 |
| Land Assessment | $10,350 | Total Assessment | $1,348,920 |
PROPERTY TAXES
Parcel Number
02647-0056
Land Assessment
$10,350
Improvements Assessment
$1,338,570
Total Assessment
$1,348,920
zoning
| Zoning Code | R6A |
| R6A |
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688 Manhattan Ave
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