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Mixed-Use Building with Restaurant
For Lease
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941 Manhattan Avenue, Brooklyn, NY 11222

Mixed-use building with four two-bedroom residential units and a ground-floor restaurant storefront.

Space SizeContact for details
Days on Market62

Property Features for 941 Manhattan Avenue

General Information

Standard status Active
Property subtype Commercial
Zoning R7A

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $67,143

Building Details

Year Built 1931
Stories 3
Tenancy Multi
Listing Agency: Real Broker NY LLC
Listed By: Odalis Gonzalez (og@elevatedlivingny.com)
Source: Ridgevalleyre
Added: Jul 8 Changed: Aug 8 Last Checked: Sep 6 at 9:02AM

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 Real Broker NY LLC

Investment Insights

Based on property information with market context.

941 Manhattan Avenue is a mixed-use property with four free-market residential units and a street-level retail/restaurant presence. Each residential unit is described as a functional two-bedroom layout with natural light and sizeable bedrooms, and the listing notes an approximate size of 688 square feet per unit.

The ground floor features a high-visibility storefront currently operating as a restaurant. The property is positioned along a vibrant commercial corridor, steps from the Greenpoint Ave G train, and close to the East River Ferry. A full P&L and expense breakdown is available for qualified buyers.

Key Highlights

  • 1931 mixed‑use building with 4 free‑market 2‑bedroom residential units plus a ground‑floor restaurant storefront
  • Each residential unit is a functional 2‑bedroom layout of approximately 688 SF
  • Ground‑floor high‑visibility storefront currently operating as a restaurant

Property Analytics

Current Use

Pelicana Chicken Restaurant

Suggested Use

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

4
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use building with four two-bedroom residential units and a ground-floor restaurant storefront.
Where is this quadplex located?
The property is located at 941 Manhattan Avenue Brooklyn, NY.
What is the lease rate?
The lease rate is $3,350,000.
What are key features of this property?
This property features: 1931 mixed‑use building with 4 free‑market 2‑bedroom residential units plus a ground‑floor restaurant storefront; Each residential unit is a functional 2‑bedroom layout of approximately 688 SF; Ground‑floor high‑visibility storefront currently operating as a restaurant
More about this property
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