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128 India St
Brooklyn, NY 11222 Greenpoint

$3,650,000 USD

Storefront Retail Residential For Sale • 3,800 SF

Property Details

Property Type Storefront Retail Residential
Total Building Size 3,880 SF
Lot Size 0.04 AC
Building Class C
Year Built 1931
Cap Rate 5.97 %
Tenancy Multiple
Zoning R7A / C2-4; Partial R6B

100 Transit Score

100 Walk Score

                
                    Highlights
                
                                Mixed-Use Property in Prime Greenpoint 
                            
                                The subject property is located in a highly desirable location between Manhattan Avenue and Franklin Street
                            
                                The property offers three apartments and one commercial space
                            
                                There is no exposure to rent stabilization laws and is a fully free market building
                            
                                The property is gut-renovated with stainless steel appliances 
                            
                                The expenses are to remain under control with a protected tax class (8/30 rule) and pass-through utilities

Property Flyers

128 India Street OM (Greenpoint)

Cap Rate:

5.97 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Flame & Leaf

Public Transportation

Commuter Rail	Drive	Walk	Distance
Long Island City Station (Hempstead Branch - Long Island Rail Road)	5 min	20 min	1.0 mi
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	4 min	-	1.1 mi
Transit/Subway	Drive	Walk	Distance
Greenpoint Avenue (G - New York MTA Subway (The Subway))	0 min	2 min	0.1 mi
Nassau Avenue (G - New York MTA Subway (The Subway))	2 min	11 min	0.6 mi
Vernon Boulevard-Jackson Avenue (7 - New York MTA Subway (The Subway))	4 min	18 min	0.9 mi
Long Island City Station (Hempstead Branch - Long Island Rail Road)	5 min	20 min	1.0 mi
Airport	Drive	Walk	Distance
LaGuardia	16 min	-	6.9 mi
John F Kennedy International	26 min	-	15.0 mi
Newark Liberty International	29 min	-	17.4 mi

Donal Flaherty 631-848-7780 Investment Property Realty Group

128 India St Brooklyn, NY 11222 Greenpoint