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Mixed-Use Property at 47 02 Greenpoint Avenue

Mixed-Use Property at 47 02 Greenpoint Avenue
FOR SALE

$3,600,000

47 02 Greenpoint Avenue, Sunnyside, NY 11104

4,113 SF

Square Feet

$875

PPSF

2

Units

1.0M

PPU

6.21%

CAP

Property Description

Units

2 — PPU: 1.0M

NOI

$223,549

Cap Rate

6.21%

  • 2 Over 3 Mixed Use
  • 100% Free Market
  • 6.2% Cap Rate

Property Details

Asset Type

Mixed-use

Zoning

R6A, C1-4

Lot Size

2,380 SF

Neighborhood

Sunnyside

Submarket

Sunnyside

ZIP

11104

Listing Type

sale


Offering Memorandum

Download

Net Operating Income (NOI)

$354,661

Debt Service Coverage Ratio (DSCR)

1.73x

Cap Rate

9.85%

Cash Flow (Annual)

$149,871

Cash-on-Cash Return

16.65%

Monthly Debt Service

$17,066

Annual Debt Service

$204,790

View on Map

Address

47 02 Greenpoint Avenue

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Sunnyside Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale

No investors found in this market.

Contact the Listing Team

Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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David Cornejo

David Cornejo

Associate Director

17 closed

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Send a Message

Shaun Riney
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Shaun Riney

Senior Managing Director of Investments

378 closed

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Sean Fopeano

Sean Fopeano

Licensed Real Estate Salesperson

30 closed

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David Cornejo

David Cornejo

Associate Director

17 closed

Call