287-299 McGuinness Boulevard, NY
3 Adjacent Multifamily Buildings Totaling 30 Units in Greenpoint
Overview
Key Highlights
- Price $13,250,000
- $/SF $427
- Units 30
- Cap Rate 9.01%
Investment Highlights
• 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 Ave G train station
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