Ang natatanging pagkakataon sa pamumuhunan na ito ay matatagpuan sa gitna ng Greenpoint, Brooklyn at nagtatampok ng ganap na naibalik na Landmark Elevator building na naglalaman ng 12 Luxury residential apartments at 2 retail storefronts sa unang palapag. Orihinal na binubuo ng dalawang magkasunod na komersyal na gusali, ang ari-arian ay sumailalim sa isang kumpletong renovation mula 2012 hanggang 2013, na nagtransforma dito sa isang modernong, energy-efficient mixed-use development na may premium finishes at matatag na kita. Ang residential na bahagi ay kinabibilangan ng 2 duplex penthouses na may humigit-kumulang 1,200 square feet bawat isa, na nag-aalok ng dalawang silid-tulugan, dalawang banyo, pribadong terraces, at eksklusibong roof decks na may tanawin ng skyline ng NYC. Bukod dito, mayroong 10 one-bedroom apartments na may humigit-kumulang 750 square feet bawat isa, tatlo sa mga ito ay may kasamang pribadong terraces. Ang lahat ng mga tirahan ay nagtatampok ng modernong layout, luxury finishes, pribadong video intercom systems, at hiwalay na electric at gas metering. Ang gusali ay nag-aalok ng iba't ibang amenities, kabilang ang isang elevator, fitness room, bicycle storage, at laundry room na may nakalaang card system na bumubuo ng humigit-kumulang $6,000 sa karagdagang taunang kita. Ang ari-arian ay may seguridad sa pamamagitan ng 24/7 na indoor at outdoor video surveillance na suportado ng off-site monitoring at gumagamit ng high-efficiency LED lighting sa lahat ng common areas.

Ang mga mekanikal at energy systems ng gusali ay dinisenyo para sa pinakamataas na performance at minimal maintenance. Kasama sa mga sistemang ito ang isang indibidwal na Navien condensing boilers na ipinatupad noong 2024 na nakapareha sa isang nakatuon na hot-water storage tank, isang Mitsubishi stand-alone air-conditioning system, at isang dalawang-zone natural gas heating system na may pribadong thermostats para sa mas mahusay na kontrol ng mga umuupa. Ang karagdagang imprastruktura ay kinabibilangan ng isang constant-pressure, variable-speed domestic water system at isang bagong ipinatupad na building-wide lock system na nagbibigay ng remote lobby access at natatanging owner codes para sa mga mechanical rooms at on-site key storage. Sa pagsasama, ang mga modernong sistemang ito ay makabuluhang nagpapataas ng pangmatagalang halaga ng ari-arian habang binabawasan ang kabuuang operating costs.

Ang komersyal na bahagi ay binubuo ng 2 retail storefronts sa unang palapag na nakikinabang mula sa outdoor patio space at mahusay na visibility sa kahabaan ng Greenpoint Avenue. Ang mga espasyong ito ay hiwalay na metered para sa gas, kuryente, at tubig, na may pangmatagalang 3% escalating leases hanggang 2031 at 2033. Ang gusali ay matatagpuan sa Greenpoint Avenue sa pagitan ng Manhattan Avenue at Franklin Avenue, isang pangunahing lokasyon na mas mababa sa isang bloke mula sa G train at malapit sa mga pangunahing highway kabilang ang Long Island Expressway (I-495) at Brooklyn-Queens Expressway (I-278). Ang turnkey asset na ito ay kumakatawan sa isang pambihirang pagkakataon sa isa sa mga pinaka-nanais at aktibong komersyal na koridor ng Brooklyn. NOI $550k/year Cap Rate 5%. 100% occupied.

Mga pagpapakita ay sa pamamagitan ng appointment lamang.

This exceptional investment opportunity is located in the heart of Greenpoint, Brooklyn and features a fully restored Landmark Elevator building containing 12 Luxury residential apartments and 2 ground-floor retail storefronts. Originally composed of two adjoining commercial buildings, the property underwent a complete gut renovation between 2012 and 2013, transforming it into a modern, energy-efficient mixed-use development with premium finishes and strong, stable income. The residential component includes 2 duplex penthouses of approximately 1,200 square feet each, offering two bedrooms, two bathrooms, private terraces, and exclusive roof decks with NYC skyline views. In addition, there are 10 one-bedroom apartments of approximately 750 square feet each, three of which include private terraces. All residences feature modern layouts, luxury finishes, private video intercom systems, and separate electric and gas metering. The building offers an array of amenities, including an elevator, a fitness room, bicycle storage, and a laundry room equipped with a card system that generates approximately $6,000 in additional annual income. The property is secured with 24/7 indoor and outdoor video surveillance supported by off-site monitoring and utilizes high-efficiency LED lighting throughout all common areas.
The building’s mechanical and energy systems are designed for maximum performance and minimal maintenance. These systems include an individual Navien condensing boilers installed in 2024 paired with a dedicated hot-water storage tank, a Mitsubishi stand-alone air-conditioning system, and a two-zone natural gas heating system with private thermostats for improved tenant control. Additional infrastructure includes a constant-pressure, variable-speed domestic water system and a newly implemented building-wide lock system that provides remote lobby access and unique owner codes for mechanical rooms and on-site key storage. Together, these modern systems significantly enhance long-term property value while reducing overall operating costs.
The commercial portion consists of 2 ground-floor retail storefronts that benefit from outdoor patio space and excellent visibility along Greenpoint Avenue. These spaces are independently metered for gas, electric, and water, with long term 3% escalating leases through 2031 & 2033.
The building is located on Greenpoint Avenue between Manhattan Avenue and Franklin Avenue, Prime location less than one block from the G train and close to major highways including the Long Island Expressway (I-495) and the Brooklyn-Queens Expressway (I-278). This turnkey asset represents a rare opportunity in one of Brooklyn’s most desirable and active commercial corridors. NOI $550k/year Cap Rate 5%. 100% occupied.
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