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Three-Family Apartment Assemblage
For Sale
Contact for pricing
Pending

122 McGuinness Blvd, Brooklyn, NY 11222

Assemblage of nine three-family buildings with a 1BR/3BR unit mix and R6B zoning with as-of-right expansion.

Property Size33,065 SF
Lot Size0.50 Acres
Days on Market121

Property Features for 122 McGuinness Blvd

General Information

Standard status Pending
Size 33,065 SF
Lot size 0.50 Acres
Property subtype Multifamily
Zoning R6B

Additional Details

Highway Access Yes
Multifamily Units 27
Listing Agency: Marcus & Millichap - Manhattan
Listed By: Jakub Nowak · License #NY 10301211147
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 9 at 10:30AM

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 Marcus & Millichap - Manhattan

Investment Insights

Based on property information with market context.

An assemblage of nine three-family structures for sale at 122-156 McGuinness Boulevard, built as one 1BR unit and two 3BR units per building. The offering provides 500 feet of frontage running from the corner of Norman Avenue north to Meserole Avenue, on assemblage tax lots totaling 21,977 square feet. With R6B zoning, the assemblage supports 43,954 square feet of buildable space versus 33,065 square feet currently in existing buildings, plus an open lot totaling 5,900 square feet for additional 10,889 square feet of as-of-right development.

The property is positioned in Greenpoint, Brooklyn, approximately three blocks from the Nassau Avenue “G” subway station and less than a half mile from the McGuinness Boulevard exit of the BQE. The site is also described as being between McCarren Park and McGolrick Park, with nearby retail corridors along Nassau Avenue and Manhattan Avenue.

For investors, the mix of nine professionally managed three-family buildings and the identified as-of-right expansion square footage create a structure designed for current income while allowing future growth within the existing development framework.

Key Highlights

  • Assemblage of nine three‑family structures at 122‑156 McGuinness Boulevard
  • Unit mix: each building has one 1BR unit and two 3BR units (9 buildings total)
  • R6B zoning allows 43,954 SF buildable space on 21,977 SF of tax lots

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Nursing Home (Bike/Boat/Book/etc) Store Pet Grooming Service Home Appliance Store Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

27
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,597
Businesses Nearby

Demographics for 11222, NY

41,957
Population
21,917
Households
1.9
Avg Household Size
35
Median Age
65%
College-Educated
94%
High-School Grad
1.5 sq mi
ZIP Area
27,971
Density / Sq Mi
$123,963
Median Household Income
$74,237
Median Earnings
$2,595
Median Rent
$1,245,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Assemblage of nine three-family buildings with a 1BR/3BR unit mix and R6B zoning with as-of-right expansion.
Where is this triplex located?
The property is located at 122 McGuinness Blvd Brooklyn, NY.
What are key features of this property?
This property features: Assemblage of nine three‑family structures at 122‑156 McGuinness Boulevard; Unit mix: each building has one 1BR unit and two 3BR units (9 buildings total); R6B zoning allows 43,954 SF buildable space on 21,977 SF of tax lots
(646) 345-7000 Call to check price and availability
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