4318 Greenpoint Avenue

Description

Investment Opportunity in Thriving Sunnyside

Ground Floor:
Large flexible commercial space
This ground floor in a city area is ideal for a variety of businesses, including a retail
store, restaurant, lawyer’s office, or dry-clean store.
Top Floor:
Two spacious one-bedroom apartments
Modern renovations with private kitchens and bathrooms
Potential for strong rental income
Full Basement:
Fully furnished with ample storage space
Ideal for inventory, equipment, or additional income potential
Additional Highlights:
Building size: 2,200 SF
Building class: C
Year built/renovated: 1925/2019
Price: $1,980,000
Price per SF: $900
Cap rate: 7%
NOI: $138,600
Percent leased: Vacant (will be delivered vacant)
Location: 3 blocks from Queens Blvd and 7 Train
Prime Location:

Situated on a vibrant stretch of Greenpoint Ave, this property benefits from high foot traffic and convenient access to public transportation. The 7 train at Queens Blvd is just a short walk away, providing easy connections to Manhattan and beyond. The surrounding neighborhood is a dynamic mix of residential, retail, and commercial establishments, ensuring a steady stream of potential customers or tenants.

Investment Potential:

With its flexible layout, strong rental income potential, and prime location, 4318 Greenpoint Ave presents a compelling investment opportunity for savvy buyers. Whether you’re looking for a retail space to launch your business, rental apartments to generate passive income, or a combination of both, this property has something to offer.

INVESTMENT HIGHLIGHTS
Will be Delivered Vacant
Newly Renovated Apartment Units
3 Blocks from Queens Blvd and 7 Train

This mixed-use gem in Sunnyside, Queens offers a prime location, versatile layout, and strong income potential. 4318 Greenpoint Ave boasts a charming storefront on the ground floor, perfect for a variety of retail or office uses. Above, two newly renovated one-bedroom apartments provide attractive residential options, each with its own private kitchen and bathroom.

Don’t miss out on this chance to own a piece of thriving Sunnyside. Contact us today to schedule a viewing!

Essentials

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