29 Greenpoint Avenue

Take advantage of this value-added opportunity on prime Greenpoint waterfront, the hottest neighborhood in Brooklyn. This might be your last chance to get in early and own a beautiful, mixed-use brick building that offers significant upside for both residential and retail. 29 Greenpoint Avenue is a three-story building measuring 20 feet by 42 feet, plus a full-size cellar, for a total 3360 SqFt of usable space. The building consists of two residential units and can be converted-back to a mix-use building that will include valuable retail space and residential units. It sits on a 20' by 95' lot, allowing for an additional 2200 SqFt of air rights to add more floors and expand the retail space. The property is ideally located one block from Transmitter Waterfront Park and the East River Ferry, a lively section of Greenpoint with quick access to Manhattan by subway or ferry. The building is also strategically situated near Greenpoint Landing, a $600 million development project that will bring over 5500 luxury residential units to the area. The plan includes four acres of dedicated open space featuring a waterfront esplanade, public parks, a Great Lawn and a reconstructed public pier. With growing demand for quality retail and residential space in the area, this is your opportunity to be part of an exciting transformation of Brooklyn's waterfront.