114-116 Greenpoint Ave Immeuble residentiel 12 lots 9 498 280 € (791 523 €/Lot) Taux de capitalisation 4,92 % Brooklyn, NY 11222

An exceptional investment opportunity in the heart of Greenpoint, Brooklyn — a fully restored Landmark Elevator Building featuring 12 luxury residential apartments and 2 ground-floor retail storefronts.
Originally two adjoining commercial properties, the building was completely gut-renovated in 2012–2013 into a modern, energy-efficient, mixed-use development with premium finishes and strong income potential.
Residential Breakdown
• (2) Duplex Penthouses – Approx. 1,200 SF each
o 2 Bedrooms / 2 Bathrooms with Private Terraces & Roof Decks
• (10) One-Bedroom Apartments – Approx. 750 SF each/. (3) Units include Private Terraces
All apartments feature modern layouts, luxury finishes, private video intercoms, and are separately metered for electric and gas.

Commercial Retail Spaces
• (2) Ground-Floor Storefronts with Outdoor Patio Space and excellent visibility on Greenpoint Avenue
• Independently metered for gas, electric and water

Building Amenities & Systems
• Elevator Building
• Fitness Room
• Bicycle Storage Area
• Laundry Room with card system – generates approx. $6,000/year in additional income
• 24/7 Indoor & Outdoor Video Surveillance with off-site monitoring
• High-Efficiency LED Lighting throughout

Mechanical & Energy Systems
o Individual Navien Condensing Boiler (Installed 2024) and hot water storage tank
o Mitsubishi Stand-Alone Air Conditioning System
o Two-Zone Natural Gas Heating System with private thermostats
• Constant-Pressure Variable-Speed Domestic Water System
• New Building-Wide Lock System with remote lobby access and unique owner codes for mechanical rooms and on site key storage
Designed for maximum energy efficiency, this property operates with modern, low-maintenance systems that enhance long-term value and reduce operating costs.

Highlights
• Fully restored Landmark property in Greenpoint’s prime corridor
• 12 luxury residential units + 2 ground floor retail spaces
• Elevator, fitness room, bike storage, laundry income
• Separately metered utilities (electric & gas)
• New boilers installed in 2024
• Energy-efficient mechanicals & lighting
• Turnkey investment with strong income potential
Original structure restored and converted in 2012–2013
Construction Type: Landmark masonry building, fully modernized
Location: Greenpoint Avenue, between Manhattan Avenue & Franklin Avenue, Brooklyn, NY
Transportation: Less than 1 block to the G Train; convenient highway access to Long Island Expressway (I-495) and Brooklyn-Queens Expressway (I-278)
For photos, floor plans, maps, and more property details, visit. www.greenpointave.com