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$ 5,000,000
Est. payment | /mo
8,900 SqFt
$ 5,000,000
Est. payment | /mo
8,900 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 8,900 sqft
Price per Sqft $561
MLS Listing ID 12007406
Year Built 1931
Annual Tax Amount $68,962
Tax Year 2025
Lot Size 2,500 Sqft
Property Description
5 Boro Realty is pleased to offer for sale 188 Eagle Street, a 17-unit mixed-use multifamily asset in north Greenpoint, comprising 16 residential apartments and 1 ground-floor retail unit. Built in 1931, the four-story brick walk-up sits one block from McGuinness Boulevard at the foot of the Pulaski Bridge, with direct access to Long Island City and Midtown Manhattan. The residential component consists of 16 rent-stabilized apartments across a well-balanced mix of eight 2-bedrooms, seven 1-bedrooms and one studio. The ground-floor retail unit diversifies the income stream and complements the residential rent roll. Greenpoint continues to rank among North Brooklyn's strongest multifamily submarkets, driven by sustained renter demand and limited new supply on its narrow side streets. The property is a five-minute walk to the G train at Manhattan Avenue and India Street and carries a 93 Walk Score and 93 Transit Score. The offering presents investors with a stable income-producing asset and a long-term hold in one of Brooklyn's most sought-after neighborhoods. Rent roll and financials available upon request.
Location
State NY
County 36047
Rooms
Basement Full
Dining Room 0
Kitchen 0
Building
Water Community
Nearby Locations
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