29-Unit Mixed-Use
For Sale
Contact for pricing
972 Manhattan Avenue, Brooklyn, NY 11222
Five-story property combines apartments with ground-floor retail storefronts in a corner configuration.
Property Size22,000 SF
Days on Market144
Property Features for 972 Manhattan Avenue
General Information
Standard status
Active
Size
22,000 SF
Property subtype
Mixed Use
Occupancy
100%
Site & Location
Frontage
150 ft
Corner Location
Yes
Road Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
24
Amenities
in-unit washer/dryer
Building Details
Buildings
1
Stories
5
Tenancy
Multi
Listing Agency:
CBRE - New York
Listed By:
Nick Kontos · License #NY10401291353
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 3:54AM
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 CBRE - New York
Investment Insights
Based on property information with market context.
This five-story mixed-use walkup contains 29 units across 22,000 square feet, including 24 apartments and 5 retail storefronts. Substantial rehabilitation has been completed, with 20 apartments—83% of the residential inventory—identified as fair market. Those apartments feature enhanced bedroom configurations, high-end finishes, and in-unit washer/dryer installations. The remaining rent-stabilized apartments are designated to convert to fair market status upon vacancy.
Positioned at the intersection of Manhattan Avenue and India Street in Greenpoint, the property has 150 feet of wraparound frontage and sits near the G-train subway station. The retail component occupies a prominent corner along Manhattan Avenue. Four of the five retail occupants operate under modified gross leases, while four leases include annual escalations of 3% or 4%; three leases expire in 2027.
Positioned at the intersection of Manhattan Avenue and India Street in Greenpoint, the property has 150 feet of wraparound frontage and sits near the G-train subway station. The retail component occupies a prominent corner along Manhattan Avenue. Four of the five retail occupants operate under modified gross leases, while four leases include annual escalations of 3% or 4%; three leases expire in 2027.
Key Highlights
- 29‑unit, five‑story mixed‑use walkup with 22,000 square feet
- 24 apartments and 5 retail storefronts
- 20 of 24 apartments, or 83%, are fair market units
Property Analytics
Property Profile
Current Use
Lease Details
24
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4,350
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 - Five-story property combines apartments with ground-floor retail storefronts in a corner configuration.
Where is this mixed-use property located?
The property is located at 972 Manhattan Avenue Brooklyn, NY.
What are key features of this property?
This property features: 29‑unit, five‑story mixed‑use walkup with 22,000 square feet; 24 apartments and 5 retail storefronts; 20 of 24 apartments, or 83%, are fair market units
