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Recently Updated Mixed-Use Income Property

1021 Manhattan Ave Brooklyn, NY 11222

Claim this Listing
For Sale
$3,600,000

MULTI_FAMILY - Brooklyn, NY

Property size:
3,300 SF
Lot size:
0.04 Acres
Price / SF:
$1,090/SF
Added:
Jul 10, 2023
Days on Market:
1098
Last Refresh:
Jul 11 at 7:06 am

Property Features for 1021 Manhattan Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
7
Rooms
Bedroom 7, Bedroom 6, Bedroom 4, Family Room, Bedroom 10, Bedroom 9, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 11, Bedroom 12, Bedroom 1, Bathroom 1, Bedroom 8, Bathroom 6, Bedroom 3, Bathroom 7, Bathroom 2, Basement, Bathroom 5, Bedroom 5
Parking features
On Street
Basement
Finished, Full
Appliances
Gas Water Heater
Standard status
Active
APN
02512-0049
Size
3,300 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
13986

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public

Building Details

Year built
1931
Number of units
6
Building materials
Brick

Listing agent Peter Nowik

Listing office Trademarko Realty Inc 6832 Forest Ave, Ridgewood, NY

Listing date Jul 10, 2023

MLS# L3490323

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This recently updated mixed-use property includes three apartments and retail space, with renovations last completed in 2015. At closing, three apartments might be vacant, which can matter for timing and immediate occupancy plans. The building measures 20 by 55, with a lot size of 0.043 acres.

Located on the main artery of Greenpoint at 1021 Manhattan Ave, Brooklyn, NY 11222, the property is positioned within an R-7A zone with a commercial overlay C2-4. The overlay may allow an additional 2,005 SF, subject to confirmation with an architect.

The combination of residential units and commercial space can support a tenant mix aligned with a mixed-use operating strategy. For buyers, the possible apartment vacancies at closing should be weighed alongside the opportunity to evaluate expansion potential under the stated zoning overlay. The listing is also described as Qualified Opportunity Zone.

Key Highlights

  • Mixed‑use income‑producing property on Greenpoint’s main artery; recently updated.
  • R‑7A zoning with commercial overlay C2‑4 allows for an additional 2,005 SF (verify with your architect).
  • Built in 1931 with brick construction; building size 20x55.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Greenpoint Natural Market Specialty Food Shop

Suggested Use

Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Law Firm Mobile Phone Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Adult Day Care Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Recently updated mixed-use building offering rental income with potential for additional commercial square footage under current zoning.
Where is this mixed-use property located?
The property is located at 1021 Manhattan Ave Brooklyn, NY.
What is the asking price?
The asking price for this property is $3,600,000.
What are key features of this property?
This property features: Mixed‑use income‑producing property on Greenpoint’s main artery; recently updated.; R‑7A zoning with commercial overlay C2‑4 allows for an additional 2,005 SF (verify with your architect).; Built in 1931 with brick construction; building size 20x55.
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