Free Market Mixed Use Building in Greenpoint
$3,600,000
248 Driggs Avenue, Brooklyn, NY 11222
5.08
Cap Rate
175,130
NOI
Details:
Description:
Ariel Property Advisors has been retained on an exclusive basis to arrange the sale of 248 Driggs Avenue, a 6-unit mixed-use building located in a prime Greenpoint location. The subject property is located on the west side of Driggs Avenue, between Eckford Street and Graham Avenue.
248 Driggs Ave is a 3-story, 4,650-square-foot mixed-use building with a current rent roll generating over $175,000 in net operating income. The building contains one commercial unit and five 2-bedroom residential units. 248 Driggs Avenue presents prospective investors with immediate cash flow, as well as future upside opportunities.
Situated between McCarren Park and Msgr. McGolrick Park, the property is located in the heart of Greenpoint and is conveniently surrounded by local eateries, historical buildings, and waterfront views. The Nassau Avenue Station, providing access to the G Train, is just two blocks away. Additionally, Interstate 278 which facilitates access to Manhattan and Queens, is also situated nearby the property.
Documents:
| Title | ||
|---|---|---|
| Investment Flyer |
Location
Gallery
