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Mixed-Use

1139-1141 Manhattan Avenue

1139 Manhattan Ave, Brooklyn, NY 11222

Listing Price: $5,495,000

Cap Rate
6.00%
Number of Units
6
Occupancy
66.0%
Price/Unit
$915,833
Price/Gross SF
$833.08
Gross SF
6,596

Investment Overview

Marcus & Millichap is pleased to offer 1139-1141 Manhattan Avenue A rare investment located along Manhattan Avenue, the main commercial spine connecting Greenpoint to Long Island City. The properties sit within one of North Brooklyn’s most active mixed-use corridors, offering consistent foot traffic, long-term tenancy demand, and exceptional visibility in the heart of a rapidly expanding neighborhood. An opportunity to curate high-performing retail or creative tenants along one of the most active stretches of
Manhattan Avenue. Retail demand in this pocket remains strong, with new leases regularly achieving $90–$120 per square foot, providing immediate upside.

Investment Highlights

  • 1139-1141 Manhattan Avenue, built in 1931, is a boutique mixed-use portfolio featuring efficient floor plates and flexible layouts ideal for stable long-term ownership.
  • 6,596 Total SF | 50% Free Market | Tax Class: 1
  • Just minutes from the Greenpoint Avenue G train, East River Ferry, the Pulaski Bridge, Citi Bike stations, and direct routes to Williamsburg, LIC, and Midtown Manhattan.

Exclusively Listed By

Financing By

Mixed-Use

1139-1141 Manhattan Avenue

Listing Price: $5,495,000

Cap Rate
6.00%
Number of Units
6
Occupancy
66.0%
Price/Unit
$915,833
Price/Gross SF
$833.08
Gross SF
6,596

Investment Highlights

  • 1139-1141 Manhattan Avenue, built in 1931, is a boutique mixed-use portfolio featuring efficient floor plates and flexible layouts ideal for stable long-term ownership.
  • 6,596 Total SF | 50% Free Market | Tax Class: 1
  • Just minutes from the Greenpoint Avenue G train, East River Ferry, the Pulaski Bridge, Citi Bike stations, and direct routes to Williamsburg, LIC, and Midtown Manhattan.

Investment Overview

Marcus & Millichap is pleased to offer 1139-1141 Manhattan Avenue A rare investment located along Manhattan Avenue, the main commercial spine connecting Greenpoint to Long Island City. The properties sit within one of North Brooklyn’s most active mixed-use corridors, offering consistent foot traffic, long-term tenancy demand, and exceptional visibility in the heart of a rapidly expanding neighborhood. An opportunity to curate high-performing retail or creative tenants along one of the most active stretches of Manhattan Avenue. Retail demand in this pocket remains strong, with new leases regularly achieving $90–$120 per square foot, providing immediate upside.

Exclusively Listed By

Financing By

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