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Six-Unit Residential Building with Store
For Sale
Contact for pricing

954 Manhattan Avenue, New York, NY 11222

Rent-stabilized six-family building includes a store and is delivered with one vacant apartment and a near-term commercial lease rollover.

Property SizeContact for details
Days on Market162

Property Features for 954 Manhattan Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning R7A

Building Details

Year Built 1928
Buildings 1
Units 7
Listing Agency: TRADEMARKO REALTY INC.
Listed By: Peter Nowik · License #10401329596
Source: Crexi
Added: Mar 25 Changed: Aug 14 Last Checked: Sep 1 at 12:52AM

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 TRADEMARKO REALTY INC.

Investment Insights

Based on property information with market context.

This rent-stabilized six-family residential building includes a ground-floor store. The property is being delivered with one vacant apartment. The commercial storefront is subject to an existing lease that is scheduled to end soon.

The building is located in Greenpoint with a subway stop around the corner. It is also described as about two blocks to the waterfront and a nearby pier.

For buyers seeking a multi-family structure with on-site retail, the combination of rent-stabilized units and an expiring storefront lease provides a straightforward near-term operating timeline.

Key Highlights

  • Rent‑stabilized six‑family building built in 1928
  • Includes an on‑site store with a commercial lease that ends soon
  • Delivered with one vacant apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Nursing Home Pet Grooming Service Law Firm Adult Day Care Mobile Phone Store 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.

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?
Apartment building - Rent-stabilized six-family building includes a store and is delivered with one vacant apartment and a near-term commercial lease rollover.
Where is this apartment building located?
The property is located at 954 Manhattan Avenue New York, NY.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Rent‑stabilized six‑family building built in 1928; Includes an on‑site store with a commercial lease that ends soon; Delivered with one vacant apartment
(347) 927-6829 Call to check price and availability
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