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Property profile & analytics
OFF-MARKET Estimated value $18,090,000
Manufacturing properties

236 Greenpoint Ave Brooklyn, NY 11222-2493

395,000 SF 3.82 ac lot Built 1931
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US63-3350680
Property summary
AI-generated overview

This exceptional Greenpoint Avenue property offers a diverse range of industrial, office, and retail spaces, ideal for a variety of businesses. The building, constructed in 1931 and renovated in 1995, boasts a flexible layout with units ranging from 1,000 to 31,000 square feet. The adaptable spaces are perfect for various uses, including warehousing, distribution, manufacturing, fabrication, art studios, furniture showrooms, or creative office environments. Large windows provide abundant natural light, creating bright and inviting spaces. The building features convenient access to major roads and freeways, with proximity to three Manhattan access points: the Williamsburg and Queensborough Bridges, and the Midtown Tunnel. Efficient interior loading docks ensure smooth operations. Two freight elevators—one automatic and one manual—provide easy access to all floors, which are designed to handle extra-heavy loads. Whether you need a small, efficient space or a large, expansive floorplate, this property offers the versatility and location to support your business growth. The single-tenant occupancy provides a unique opportunity for a business seeking a dedicated and adaptable space in a prime location.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1931
Total area 395,000 SF
Lot 3.82 ac (166,443 SF)
Zoning code M1-1
APN 02578-0001
UPID US63-3350680
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • City One Real Estate Real Estate Agency
  • Bayport Construction Construction Company
  • Jodi Head Industrial Manufacturer
  • CVI Bambwood MFG Limited General Contractor
  • Tryad Group Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$18.09M
Owner & transaction history
Greenpoint Center LLC · 12 yrs held
Greenpoint Center LLC
since 2014
3 recorded transactions
2021
Price N/A
2014
Price N/A
1969
Price N/A
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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