Mixed-Use Building with Retail
For Sale
Contact for pricing
708 Manhattan Avenue Brooklyn, Ny, NY 11222
Storefront commercial space combines with three residential units, laundry, a small yard, and a dedicated basement.
Property SizeContact for details
Days on Market143
Property Features for 708 Manhattan Avenue Brooklyn
General Information
Standard status
Active
Property subtype
Mixed Use
Additional Details
Cap Rate
6.21%
Public Transit
Yes
Amenities
oversized display window
laundry
small yard
separate basement
sun-drenched living areas
hardwood floors
high ceilings
french doors
fireplaces
walk-in closets
Building Details
Tenancy
Multi
Listing Agency:
Ferris Properties Corp.
(718) 383-7800
Listed By:
Laura ferris · License #10311203579
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 2:28AM
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 Ferris Properties Corp.
Investment Insights
Based on property information with market context.
This mixed-use property at 708 Manhattan Avenue includes a ground-floor commercial space with an oversized display window, laundry, a small yard, and a separate basement serving the store. The upper levels contain three residential units with hardwood floors, high ceilings, French doors, fireplaces, walk-in closets, and layouts designed around generous living areas. The property also has a boiler reported as 3 or 4 years old and a water tank less than 2 years old.
The building is in Greenpoint near the Norman Avenue G train and the 48 bus. Bedford Avenue and McCarren Park are described as 2 blocks away, while the water taxi is identified as a 7-minute connection. Financial metrics provided for the property include a 6.21% cap rate and 24.83% ROI.
The building is in Greenpoint near the Norman Avenue G train and the 48 bus. Bedford Avenue and McCarren Park are described as 2 blocks away, while the water taxi is identified as a 7-minute connection. Financial metrics provided for the property include a 6.21% cap rate and 24.83% ROI.
Key Highlights
- Ground‑floor commercial space with oversized display window, laundry, small yard, and separate basement
- Three residential units with hardwood floors, high ceilings, fireplaces, and walk‑in closets
- 708 Manhattan Avenue in Greenpoint near the Norman Avenue G train and 48 bus
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
6,597
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Storefront commercial space combines with three residential units, laundry, a small yard, and a dedicated basement.
Where is this mixed-use property located?
The property is located at 708 Manhattan Avenue Brooklyn Ny, NY.
What are key features of this property?
This property features: Ground‑floor commercial space with oversized display window, laundry, small yard, and separate basement; Three residential units with hardwood floors, high ceilings, fireplaces, and walk‑in closets; 708 Manhattan Avenue in Greenpoint near the Norman Avenue G train and 48 bus
