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Three-Story Mixed-Use Building
For Sale
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55 Driggs Ave, Brooklyn, NY 11222

Vacant asset combines commercial space with residential apartments.

Property SizeContact for details
Lot Size0.05 Acres
Days on Market145

Property Features for 55 Driggs Ave

General Information

Standard status Active
Lot size 0.05 Acres
Property subtype Mixed Use

Additional Details

Sprinkler System Yes

Building Details

Buildings 1
Stories 3
Construction brick
Tenancy Multi
Listing Agency: Capri Jet Realty Corp
Listed By: Theo Eastwind · License #NY 10301212398
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:35PM

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 Capri Jet Realty Corp

Investment Insights

Based on property information with market context.

This vacant three-story brick mixed-use building contains approximately 2,000 SF of retail space, 2,600 residential SF, and a semi-finished 2,000 SF basement. The 20 x 100 ft lot supports a compact urban configuration, while the residential component is being converted from a two-family layout to four families. Apartments have received light renovations and can be rented in their current condition. The property also has a new sprinkler system and new water lines.

Located at 55 Driggs Ave in Greenpoint, the building is near McCarren Park, restaurants, outdoor cafes, bars, and retail along Driggs Avenue. The surrounding area includes waterfront development, former industrial warehouse conversions, and ferry service connecting Manhattan and locations along the East River.

Key Highlights

  • 2,000 SF of retail space plus 2,600 residential SF
  • Semi‑finished 2,000 SF basement
  • Three‑story brick building on a 20 x 100 ft lot

Property Analytics

Current Use

Quadplexes

Suggested Use

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

Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

3,503
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?
Mixed-use property - Vacant asset combines commercial space with residential apartments.
Where is this mixed-use property located?
The property is located at 55 Driggs Ave Brooklyn, NY.
What are key features of this property?
This property features: 2,000 SF of retail space plus 2,600 residential SF; Semi‑finished 2,000 SF basement; Three‑story brick building on a 20 x 100 ft lot
(718) 388-2188 Call to check price and availability
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