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Multifamily

Eagle and Dupont Portfolio

162 Dupont St, Brooklyn, NY 11222

Listing Price: $4,395,000

Cap Rate
4.07%
Number of Units
32
GRM
10.10
Price/Unit
$137,344

Investment Overview

Marcus & Millichap is pleased to exclusively represent the properties located at 188 Eagle Street and 162 Dupont Street in Greenpoint, Brooklyn, NY. Both properties are four-story walk-up apartment buildings, each with basement level stores and 16 apartments., of which there is one studio, four two-room and 11 three-room apartments.

Greenpoint, traditionally home to a large Polish-American community, is nor an evolving, thriving, residential neighborhood with hipster appeal. Traditional Polish shops and restaurants share the streets with trend-setting eateries, bars and live music venues. Galleries and artist studios are found in converted warehouses. The revitalized East River waterfront has parks and new high-rises with sweeping views of Manhattan.


Investment Highlights

  • Unique opportunity to acquire two classic corner buildings in Greenpoint, Brooklyn
  • Long term ownership
  • Potential upside in rents due to seven vacancies

Exclusively Listed By

Financing By

Multifamily

Eagle and Dupont Portfolio

Listing Price: $4,395,000

Cap Rate
4.07%
Number of Units
32
GRM
10.10
Price/Unit
$137,344

Investment Highlights

  • Unique opportunity to acquire two classic corner buildings in Greenpoint, Brooklyn
  • Long term ownership
  • Potential upside in rents due to seven vacancies

Investment Overview

Marcus & Millichap is pleased to exclusively represent the properties located at 188 Eagle Street and 162 Dupont Street in Greenpoint, Brooklyn, NY. Both properties are four-story walk-up apartment buildings, each with basement level stores and 16 apartments., of which there is one studio, four two-room and 11 three-room apartments. Greenpoint, traditionally home to a large Polish-American community, is nor an evolving, thriving, residential neighborhood with hipster appeal. Traditional Polish shops and restaurants share the streets with trend-setting eateries, bars and live music venues. Galleries and artist studios are found in converted warehouses. The revitalized East River waterfront has parks and new high-rises with sweeping views of Manhattan.

Exclusively Listed By

Financing By

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