Marilyn Hagemann - John J Lease Realtors Logo
$3,350,000
( $609.09Per Sq Foot )
 $17,984 est/mo Sourced by Back At You

941 Manhattan Avenue,Brooklyn, NY 11222

Brooklyn, NY 11222

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Description

Located in a vibrant commercial corridor, 941 Manhattan Avenue presents an opportunity to acquire a mixed use asset with plenty of space for significant rent growth and value add potential. 4 residential free-market units, all functional two bedroom layouts (approx 688 sq feet) with natural light and sizeable bedrooms. With current rents offering market rate appreciation, increase rents as is or make minor cosmetic changes to maximize your ROI. All four residential units are free-market and not subject to rent stabilization, offering full flexibility for rent increases and repositioning The ground floor features a high visibility store front currently operating as a popular restaurant. Great foot traffic, near public transportation, and surrounded by trendy boutiques and eateries. 941 Manhattan Avenue is Situated steps from the Greenpoint Ave G train and close to the East River Ferry. We have a full P&L and expense breakdown for qualified buyers. This property is ready for an investor who recognizes the value of location and is ready to make small changes that will lead to large profits.

Details

MLS #986067
Listing TypeFor Sale
StyleMulti-Family
Sub-TypeResale
StatusActive
Year1931
Days On Site181
Listing Provided ByReal Broker NY LLC | Odalis Gonzalez

Features

SQ Feet5,500
BasementY
Story(s)3
Units5
Building(s)1
ZoningR7A
Acreage0.03

Interior

CoolingNone
HeatingOther

Exterior

Construction MaterialsStucco

Parking

Parking FeaturesOn Street

Utilities

UtilitiesElectricity Available, Natural Gas Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value1176750
Tax Annual Amount67143.88

Area Information

StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11222
Listing VS Median (in 11222)
Price:
$3,350,000
low | high
Med:
$2,375,000
79.10447761194% of Average
sqft:
5,500
low | high
Med:
5,313
53.409090909091% of Average
$ / sqft:
$609
low | high
Med:
$465
73.650975889782% of Average
On site:
181
low | high
Med:
90.5
100% of Average
Sourced by Back At You

Market Activity 11222

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Learn More About This Property

Marilyn Hagemann

Marilyn Hagemann

John J Lease REALTORS

 (845) 541-8479marilynhagemann@johnjleaserealtors.com
StateNY
CountyKings (Brooklyn)
CityBrooklyn
Zip Code11222
Listing VS Median (in 11222)
Price:
$3,350,000
low | high
Med:
$2,375,000
79.10447761194% of Average
sqft:
5,500
low | high
Med:
5,313
53.409090909091% of Average
$ / sqft:
$609
low | high
Med:
$465
73.650975889782% of Average
On site:
181
low | high
Med:
90.5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.512M - $4.187M
sqft: 4,000 - 6,500
Nearby Listings Property ImageNearby Listings Details
954 Manhattan Avenue Property Photo 1
$3,200,000
954 Manhattan Avenue
Brooklyn, NY 11222
Listing Updated: September 28, 2026 at 7:28:45 PM PDT

Marilyn Hagemann - John J Lease Realtors