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212 Franklin St
Brooklyn, NY 11222 Greenpoint

$5,300,000 USD

Storefront Retail Residential For Sale  •  3,500 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 3,500 SF
  • Lot Size 0.04 AC
  • Building Class C
  • Year Built 1931
  • Cap Rate 5.56 %
  • Tenancy Multiple
  • Zoning R6B, C2-4
100 Transit Score
100 Walk Score

Highlights

Flexible long-term potential to maintain as an investment, occupy residential space, or convert to a luxury single-family residence.
Steps from neighborhood retail, dining, waterfront amenities, and public transportation.
Fully rebuilt in 2014, featuring a modern metal-framed structure with a striking brick façade.
Trophy mixed-use asset located in the heart of Greenpoint, one of Brooklyn's most desirable neighborhoods.

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $329,650 USD (2026)
Cap Rate: 5.56 %
Total Expenses: $30,350 USD

Major Tenants

Tenant SF Occupied Lease End Date
Order Design LLC

Public Transportation

Commuter RailDriveWalkDistance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road) 4 min - 1.2 mi
Long Island City Station (Hempstead Branch - Long Island Rail Road) 5 min - 1.5 mi
Transit/SubwayDriveWalkDistance
Greenpoint Avenue (G - New York MTA Subway (The Subway)) 1 min 5 min 0.3 mi
Nassau Avenue (G - New York MTA Subway (The Subway)) 3 min 15 min 0.8 mi
Vernon Boulevard-Jackson Avenue (7 - New York MTA Subway (The Subway)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
LaGuardia 16 min - 6.6 mi
John F Kennedy International 25 min - 15.2 mi
Newark Liberty International 28 min - 17.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Chris Cavorti 914-804-7091 The Corcoran Group
Chris Cavorti 914-804-7091 The Corcoran Group