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Mixed-Use Building with Restaurant
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941 Manhattan Avenue, New York, NY 11222

Four free-market residential units are located above a ground-floor restaurant storefront near public transportation.

Property SizeContact for details
Days on Market134

Property Features for 941 Manhattan Avenue

General Information

Standard status Active
Property subtype Multifamily
Zoning R7A

Property Condition

Severity Repairs Needed
Evidence make minor cosmetic changes

Building Details

Year Built 1931
Buildings 1
Units 5
Tenancy Multi
Listing Agency: Real Broker NY LLC
Listed By: Odalis Gonzalez
Source: Crexi
Added: Apr 20 Changed: Aug 30 Last Checked: Aug 30 at 2:52PM

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.

This mixed-use property at 941 Manhattan Avenue was built in 1931 and combines four free-market residential units with a ground-floor restaurant storefront. Each residence is configured as a two-bedroom layout of approximately 688 square feet. The residential units are not subject to rent stabilization, providing flexibility within the existing rental structure.

The building is positioned near the Greenpoint Ave G train and the East River Ferry, with boutiques and eateries in the surrounding commercial corridor. Zoning is R7A. The restaurant is currently operating from the storefront, creating a combination of residential and commercial occupancy within the property.

Key Highlights

  • Four free‑market residential units with two‑bedroom layouts of approximately 688 sq feet
  • Ground‑floor storefront currently operating as a restaurant
  • Residential units are not subject to rent stabilization

Property Analytics

Current Use

Quadplexes

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

Multi-tenant
Tenancy

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?
Mixed-use property - Four free-market residential units are located above a ground-floor restaurant storefront near public transportation.
Where is this mixed-use property located?
The property is located at 941 Manhattan Avenue New York, NY.
What is the asking price?
The asking price for this property is $3,490,000.
What are key features of this property?
This property features: Four free‑market residential units with two‑bedroom layouts of approximately 688 sq feet; Ground‑floor storefront currently operating as a restaurant; Residential units are not subject to rent stabilization
(347) 223-9028 Call to check price and availability
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