Byenveni nan 29 Greenpoint Avenue, yon pwopriyete boutique melanje-itur ki sitiye nan kè Greenpoint, youn nan koridò ki pi fò pou apreciation long tèm nan New York City. Li plase kèk etap de Transmitter Park, NYC Ferry, ak gwo devlopman Greenpoint Landing ki vo plizyè milya dola, pwopriyete a antoure ak dè milye inite rezidansyèl ki fèk devlope ak ki planifye ak kontinyasyon gwo envestisman nan tout katye a.

Pwopriyete a konplètman okipe e li gen yon lokatè komèsyal ki okipe premye etaj la ak sousòl la, ansanm ak de apatman rezidansyèl ki pase sou chak etaj anwo. Revni ki egziste deja depase $250k pa ane ak yon pwojeksyon pou monte a apeprè $300k baze sou lwaye mache yo. Lokasyon komèsyal la gen ladan ogmantasyon lwaye anyèl e li pwolonje jiska 2033 ak yon opsyon renouvèlman, pandan ke inite rezidansyèl yo se konplètman sou mache gratis ak egzante de kad Eviksyon Bon Kòz New York la, sa ki ofri yon ogmantasyon lwaye imedya nan kout tèm. Lwaye ki egziste yo rete anba nivo mache ki tou pre yo, ak pwodwi rezidansyèl ki ka mache nan zòn nan ap atenn apeprè $90/SF epi lwaye komèsyal ki toupre yo ap pwoche oswa depase $100/SF nan lokal prime Greenpoint yo. Pwopriyete a benefisye tou de estati Pwoteksyon Tak Klase 1 ak taks sou byen imobilye sèlman apeprè $9,201 pa ane.

Anplis de yon koule lajan ki estab ak kwasans lwaye nan lavni, pwopriyete a ofri tou potansyèl enpòtan pou ekspansyon ak devlopman long tèm. Sit la gen kounye a apeprè 2,230 pye kare adisyonèl ki kapab bati kòm dwa, oswa jiska apeprè 3,223 pye kare ki kapab bati anba kad zòn UAP ki la a, sa ki kreye yon opòtinite ra pou konbine revni ki dirab ki la a avèk opsyon devlopman nan lavni nan youn nan katye ki ap grandi pi rapidman Brooklyn.

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.