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1st Floor - Unit Commercial
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Retail
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4,900 SF
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$3,900,000 USD
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Unit Size: 4,900 SF
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Condo Use: Retail
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Price: $3,900,000 USD
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Sale Type: Investment or Owner User
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Price/SF: $795.92 USD
Description
605–607 Manhattan Avenue | Greenpoint Retail Condos For Sale
Manhattan Avenue is the prime retail corridor in Greenpoint,
anchored by national and neighborhood tenants including Chase
Bank, TD Bank, Santander, T-Mobile, Sweetgreen, Associated
Supermarket, Rite Aid, Paloma Bakery and Pierozek.
605–607 Manhattan Avenue is positioned between Driggs Avenue
and Nassau Avenue, half a block from the Nassau Avenue G train
and moments from McCarren Park. Strong foot tra?c, dense
residential base, and consistent retail demand.
Investment Overview
Two retail condominiums o?ered together for $3,900,000
• Combined Income: $20,500/month
• Annual Income: $246,000
• Real 6% Cap Rate
• Triple Net Leases
• Minimal to zero management
Clean income-producing asset in one of Brooklyn’s strongest retail Corridors.
Sale Notes
605–607 Manhattan Avenue | Greenpoint Retail Condos For Sale
Manhattan Avenue is the prime retail corridor in Greenpoint,
anchored by national and neighborhood tenants including Chase
Bank, TD Bank, Santander, T-Mobile, Sweetgreen, Associated
Supermarket, Rite Aid, Paloma Bakery and Pierozek.
605–607 Manhattan Avenue is positioned between Driggs Avenue
and Nassau Avenue, half a block from the Nassau Avenue G train
and moments from McCarren Park. Strong foot tra?c, dense
residential base, and consistent retail demand.
Investment Overview
Two retail condominiums o?ered together for $3,900,000
• Combined Income: $20,500/month
• Annual Income: $246,000
• Real 6% Cap Rate
• Triple Net Leases
• Minimal to zero management
Clean income-producing asset in one of Brooklyn’s strongest retail
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