Dobrodošli na adresu 29 Greenpoint Avenue, butik nekretninu mješovite namjene smještenu u srcu Greenpointa, jednog od najjačih koridora za dugoročno povećanje vrijednosti u New Yorku. Nekretnina se nalazi samo nekoliko koraka od Transmitter Parka, NYC trajekta i višemilijardske preuređenja Greenpoint Landing, a okružena je tisućama novoizgrađenih i planiranih stambenih jedinica te kontinuiranih velikih ulaganja u cijelom susjedstvu.

Nekretnina je potpuno zauzeta i sastoji se od dugoročnog maloprodajnog najmoprimca koji zauzima prizemlje i podrum, uz dva stana na višim katovima. Trenutni prihod od najma prelazi 250 tisuća dolara godišnje s projekcijom povećanja na otprilike 300 tisuća dolara temeljenom na tržišnim najmovima. Maloprodajni najam uključuje godišnje povećanje najamnine i traje do 2033. s mogućnošću obnove, dok su stambene jedinice potpuno u slobodnom tržištu i izuzete iz New Yorkovog okvira za izgon iz opravdanih razloga, nudeći trenutni kratkoročni potencijal za povećanje najma. Postojeće najamnine ostaju ispod razina susjednog tržišta, dok proizvodi stambenog tipa u području postižu otprilike 90 dolara po kvadratnom metru, a susjedne maloprodajne najmove dostižu ili premašuju 100 dolara po kvadratnom metru u najboljim lokacijama Greenpointa. Nekretnina također ima korist od statusa Zaštićene porezne klase 1 s godišnjim porezima na nekretnine od samo otprilike 9,201 dolara.

Osim stabilnog novčanog toka i budućeg rasta najma, nekretnina također nudi značajan dugoročni potencijal za proširenje i preuređenje. Lokacija trenutno sadrži otprilike 2,230 dodatnih građevinskih četvornih metara po pravu ili do otprilike 3,223 građevinska četvorna metra prema trenutnom UAP zonskom okviru, stvarajući rijetku priliku za kombiniranje dugoročnog prihoda s budućim razvojem u jednom od najbrže rastućih kvartova Brooklyna.

Welcome to 29 Greenpoint Avenue, a boutique mixed-use property located in the heart of Greenpoint, one of the strongest long-term appreciation corridors in New York City. Positioned steps from Transmitter Park, the NYC Ferry, and the multi-billion-dollar Greenpoint Landing redevelopment, the property is surrounded by thousands of newly developed and planned residential units and continued large-scale investment throughout the neighborhood.

The property is fully occupied and consists of a long-term retail tenant occupying the ground floor and cellar, along with two floor-through residential apartments above. Current in-place income exceeds $250k annually with projected upside to approximately $300k based on market rents. The retail lease includes annual rent escalations and extends through 2033 with a renewal option, while the residential units are fully free-market and exempt from New York’s Good Cause Eviction framework, offering immediate near-term rental upside. Existing rents remain below nearby market levels, with area residential walk-up product achieving approximately $90/SF and nearby retail rents approaching or exceeding $100/SF in prime Greenpoint locations. The property also benefits from Protected Tax Class 1 status with real estate taxes of only approximately $9,201 annually.

In addition to stable cash flow and future rental growth, the property also offers meaningful long-term expansion and redevelopment potential. The site currently contains approximately 2,230 additional buildable square feet as-of-right, or up to approximately 3,223 buildable square feet under the current UAP zoning framework, creating a rare opportunity to combine durable in-place income with future development optionality in one of Brooklyn’s most rapidly appreciating neighborhoods.