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$5,000,000
Est. payment /mo
2,500 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Subdivision Greenpoint
MLS Listing ID 1056724
Style Flats
Rental Info No
Year Built 1931
Annual Tax Amount $70,700
Lot Size 2,500 Sqft
Acres 0.0574
Property Sub-Type Multi Family
Source onekey2
Property Description
5 Boro Realty is pleased to offer for sale 188 Eagle Street, a 17-unit mixed-use multifamily asset in north Greenpoint, comprising 16 residential apartments and 1 ground-floor retail unit. Built in 1931, the four-story brick walk-up sits one block from McGuinness Boulevard at the foot of the Pulaski Bridge, with direct access to Long Island City and Midtown Manhattan. The residential component consists of 16 rent-stabilized apartments across a well-balanced mix of eight 2-bedrooms, seven 1-bedrooms and one studio. The ground-floor retail unit diversifies the income stream and complements the residential rent roll. Greenpoint continues to rank among North Brooklyn's strongest multifamily submarkets, driven by sustained renter demand and limited new supply on its narrow side streets. The property is a five-minute walk to the G train at Manhattan Avenue and India Street and carries a 93 Walk Score and 93 Transit Score. The offering presents investors with a stable income-producing asset and a long-term hold in one of Brooklyn's most sought-after neighborhoods. Rent roll and financials available upon request.
Location
State NY
County Kings (brooklyn)
Rooms
Basement See Remarks
Interior
Heating Baseboard
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Parking Features Off Site, Off Street, On Street
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Story 4
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Brooklyn 14
School District Brooklyn 14
Others
Special Listing Condition None
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Listed by 5 Boro Realty Corp • Gabrielle Winters
Nearby School & Business
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