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    114 Greenpoint Ave Brooklyn, NY 11222

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    For Sale
    $11,000,000

    Luxury apartments and retail in prime Greenpoint location.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 3:13 pm

    Property Features for 114 Greenpoint Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1931

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    Listing Contact
    Janine M. Losey

    Listing agent Janine M. Losey

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Janine M. Losey


    Overview

    Restored Landmark Mixed-Use Building

    Located in Greenpoint, Brooklyn, this fully restored Landmark Elevator building features 12 luxury residential apartments and 2 ground-floor retail storefronts. The property, originally two adjoining commercial buildings, underwent a complete renovation between 2012 and 2013, transforming it into a modern, energy-efficient mixed-use development. The residential component includes 2 duplex penthouses of approximately 1,200 square feet each, offering two bedrooms, two bathrooms, private terraces, and exclusive roof decks with NYC skyline views. There are also 10 one-bedroom apartments of approximately 750 square feet each, three of which include private terraces. All residences feature modern layouts, luxury finishes, private video intercom systems, and separate electric and gas metering. Building amenities include an elevator, a fitness room, bicycle storage, and a laundry room equipped with a card system. The property is secured with 24/7 indoor and outdoor video surveillance supported by off-site monitoring and utilizes high-efficiency LED lighting throughout all common areas. The building’s mechanical and energy systems are designed for maximum performance and minimal maintenance, including individual Navien condensing boilers installed in 2024 paired with a dedicated hot-water storage tank, a Mitsubishi stand-alone air-conditioning system, and a two-zone natural gas heating system with private thermostats. Additional infrastructure includes a constant-pressure, variable-speed domestic water system and a newly implemented building-wide lock system that provides remote lobby access and unique owner codes for mechanical rooms and on-site key storage. The commercial portion consists of 2 ground-floor retail storefronts that benefit from outdoor patio space and visibility along Greenpoint Avenue. These spaces are independently metered for gas, electric, and water, with long term 3% escalating leases through 2031 & 2033. The building is located on Greenpoint Avenue between Manhattan Avenue and Franklin Avenue, less than one block from the G train and close to major highways including the Long Island Expressway (I-495) and the Brooklyn-Queens Expressway (I-278).
    Location Intelligence

    Current Use by Public Records

    X & L Electric Electrical Service The Dermatology Specialists - Greenpoint Physician The Element at Greenpoint Apartment Building Goodyoga Gym & Fitness Center SRZ Designs General Contractor

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.956316
    Latitude
    40.729758

    FAQs

    What type of property is this?
    Mixed-use property - Luxury apartments and retail in prime Greenpoint location.
    Where is this mixed-use property located?
    The property is located at 114 Greenpoint Ave Brooklyn, NY.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: Fully Restored Landmark Elevator Building: A unique, modernized property with historical significance.; Strong Income Generation: $550k/year NOI with a 5% Cap Rate and 100% occupancy.; Prime Greenpoint Location: Excellent visibility on Greenpoint Avenue, near the G train and major highways.
    More about this property
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