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Remodeled Mixed-Use Loft Building
For Sale
Contact for pricing
Pending

131 Greenpoint Ave, Brooklyn, NY 11222

Renovated residential units complement a leased, fully vented restaurant space.

Property SizeContact for details
Days on Market147

Property Features for 131 Greenpoint Ave

General Information

Standard status Pending
Property subtype Mixed Use
Occupancy 100%

Site & Location

Frontage 24 ft
Public Transit Yes

Additional Details

Multifamily Units 6

Building Details

Tenancy Multi
Listing Agency: Besen Partners
Listed By: Magal Gabay · License #NY: 10401330308
Source: Crexi
Added: Apr 12 Changed: Sep 2 Last Checked: Sep 2 at 11:37PM

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 Besen Partners

Investment Insights

Based on property information with market context.

131 Greenpoint Avenue is a remodeled mixed-use loft property with six free-market apartments that have been gut renovated and updated with condo-style finishes. Interior details include Italian cabinetry, oak flooring, and bathrooms designed with Carrara marble-inspired finishes. The ground-floor commercial component includes a fully vented restaurant space, a backyard area, and basement storage or support space. A new 10-year retail lease has been executed for a Mexican restaurant, and the property is reported as 100% occupied.

The building is located in Greenpoint near the Greenpoint Avenue G train station, with B43 and B62 bus service nearby. Manhattan Avenue provides an established neighborhood retail corridor and surrounding amenities. The property also benefits from a dense residential setting and nearby national and local retail, dining, banking, grocery, pharmacy, fitness, and bookstore tenants.

Key Highlights

  • Six gut‑renovated, free‑market apartments with condo‑style finishes
  • New 10‑year retail lease executed for a Mexican restaurant
  • Property reported as 100% occupied

Property Analytics

Current Use

Jungle Cafe Restaurant

Suggested Use

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

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,887
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated residential units complement a leased, fully vented restaurant space.
Where is this mixed-use property located?
The property is located at 131 Greenpoint Ave Brooklyn, NY.
What are key features of this property?
This property features: Six gut‑renovated, free‑market apartments with condo‑style finishes; New 10‑year retail lease executed for a Mexican restaurant; Property reported as 100% occupied
(917) 741-5652 Call to check price and availability
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