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.
Listing By
Agency Name: 5 Boro Realty Corp
Agency Contact: 917-763-0331
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC. C.B. Choice Properties, INC. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.
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188 Eagle Street | MLS# 1056724
This commercial property located at 188 Eagle Street , Brooklyn, NY 11222 is currently listed for sale with an asking price of $5,000,000. Eagle Street is located within the Brooklyn 14 school district. Search Brooklyn real estate on www.coldwellbankerchoice.com today.