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Mixed-Use Property with Rooftop
For Sale
Contact for pricing
Pending

380 McGuinness Blvd, Brooklyn, NY 11222

Includes a vacant commercial suite, six residential apartments, and separate utility metering.

Property SizeContact for details
Lot Size0.06 Acres
Days on Market148

Property Features for 380 McGuinness Blvd

General Information

Standard status Pending
Lot size 0.06 Acres
Property subtype Mixed Use, Multifamily
Zoning M1-1
Net Operating Income $82,350

Financials

Cap Rate 2.9%
Gross Income $98,400

Units

Unit Mix 4 x studio, 2 x 1BR
Multifamily Units 6

Additional Details

Public Transit Yes
Listing Agency: Kassin Sabbagh Realty
Listed By: Dan Shapiro · License #NY 10491201561
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Sep 3 at 10:13AM

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 Kassin Sabbagh Realty

Investment Insights

Based on property information with market context.

This mixed-use property combines a commercial suite with a grandfathered residential back house containing six apartments. The residential component includes six bedrooms and six bathrooms, while the commercial space is approximately 1,200 SF and includes rooftop space. An unfinished basement provides additional area, and the commercial and residential components have 2 separate meters. The commercial space is currently vacant.

Located in Greenpoint, the property is near shops, restaurants, and nightlife, with access to the Greenpoint G and Vernon Blvd 7 Train stops. The site measures 25 x 100 ft, and the building measures 22 x 52 ft. Zoning is M1-1 with a 0.8 FAR and 2.4 MAX FAR.

Key Highlights

  • Grandfathered residential back house with 6 apartments
  • Approximately 1,200 SF commercial space with rooftop
  • Residential component includes 6 Br and 6 Bath

Property Analytics

Current Use

BUMBERTEK Factory

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

4,615
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 - Includes a vacant commercial suite, six residential apartments, and separate utility metering.
Where is this mixed-use property located?
The property is located at 380 McGuinness Blvd Brooklyn, NY.
What are key features of this property?
This property features: Grandfathered residential back house with 6 apartments; Approximately 1,200 SF commercial space with rooftop; Residential component includes 6 Br and 6 Bath
(646) 928-5434 Call to check price and availability
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