30-Unit Multifamily in Greenpoint
Price$21,000,000
Cap Rate5.46%
NOI$1,145,825
Price / SF$725
Building SF28,980
Units30
Asset TypeMultifamily
Investment Highlights
Greenpoint BK | 30 unit residential building. Lot size : 200 x 35. Fully occupied. R6A Zoning.All residential units are leased at roughly $72 PSFR, which is below the area average for newer buildings. 421a tax abatement on final year, 100% Free Market in 2027. 28,980 total sqft. 4 stories. Unit mix: 1-5 bedrooms. NOI: $1,145,825. 5.46% cap. Asking $21m. Negotiable
Due Diligence & Financials 1
Rent rolls, financials and offering materials for this listing are released after you sign the NCNDA and Daniel Mahgerefteh approves your request.
Location
📍 Greenpoint
🔒 The exact address and location are confidential and are released only after you sign the NCNDA and the listing broker approves your request.