287-299 McGuinness Boulevard, NY

3 Adjacent Multifamily Buildings Totaling 30 Units in Greenpoint

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Overview

Key Highlights

  • Price $16,000,000
  • $/SF $516
  • Units 30
  • Cap Rate 7.79%

Key Facts

• 3 adjacent walk-up buildings with 10 units each

• Unit mix ranges from two (2) to six (6) bedrooms

• 421a tax abatement expires in 2027

• Each unit contains a washer/dryer
• Tax class 2B

• Conveniently surrounded by local eateries, nightlife, parks and easy access to other boroughs

• Located just 1.5 blocks from the Greenpoint Av G train station

Location

Our Team

Benjamin Vago

Ariel Property Advisors
212.544.9500 Ext. 85

Sean Kelly

Partner
Ariel Property Advisors
212.544.9500 Ext. 59

Erik Moloney

Ariel Property Advisors
212.544.9500 Ext. 24

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