SOLD! 3 Adjacent Multifamily Buildings Totaling 30 Units in Greenpoint
Market Price
287-299 McGuinness Boulevard, Brooklyn, NY
For Sale
Multifamily
Unknown Sub Type
Active
Last Updated: 04/02/2025
7.83
Cap Rate
1,252,929
NOI
Details:
Cap Rate: 7.83%
NOI: $1,252,929
Combined Building Size : 31,023 sqft
Combined Lot Area : 7,000 sqft
Units: 30
GRM: 10.11
Average Room Size: 516 sqft
Price Per Sqft: $516
Price Per Unit: $533,333
Zoning: R6A
Highlights:
- 3 adjacent walk-up buildings with 10 units each
- Unit mix ranges from two (2) to six (6) bedrooms
- 421a tax abatement expires in 2027
- Each unit contains a washer/dryer
- Tax class 2B
- Conveniently surrounded by local eateries, nightlife, parks and easy access to other boroughs
- Located just 1.5 blocks from the Greenpoint Ave G train station
Description:
Sold!
Location
Gallery
