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List Price: $1,980,000
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Greenpoint Avenue
Apartment in Sunnyside •  building info
2bd • 1ba
Buy with Yoreevo


List Price


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James McGrath
(212) 365-0151 • 
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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, lawyers 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 youre 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. Dont miss out on this chance to own a piece of thriving Sunnyside. Contact us today to schedule a viewing!

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Listing Courtesy of Serene Powers