Turnkey Mixed Use Property at 29 Greenpoint Avenue
FOR SALE
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$3,995,000
29 Greenpoint Avenue, Brooklyn, NY 11222
2,714 SF
Square Feet
$1,472
PPSF
2
Units
1.0M
PPU
5.36%
CAP
Property Description
Units
2 — PPU: 1.0M
NOI
$214,253
Cap Rate
5.36%
- Turn Key Mixed Use
- A+ Greenpoint Waterfront Location
Property Details
Asset Type
Mixed-use
Neighborhood
Greenpoint
Submarket
Brooklyn
ZIP
11222
Listing Type
sale
Offering Memorandum
30 years
10 years
Net Operating Income (NOI)
$339,913
Debt Service Coverage Ratio (DSCR)
1.50x
Cap Rate
8.51%
Cash Flow (Annual)
$112,653
Cash-on-Cash Return
11.28%
Monthly Debt Service
$18,938
Annual Debt Service
$227,260
View on Map
Address
29 Greenpoint Avenue
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Brooklyn Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale
No investors found in this market.
