Mostly Vacant Mxd Use Corner Bldg Prime Greenpoint

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Address: 161 Java St, Brooklyn, NY 11222, USA
New York & Tri-State + Apartment Buildings
Created date: July 27, 2026
Date last updated: July 27, 2026
Price: $7,300,000Investment Analyzer NEW!

• 10-unit walkup building located on the north western corner of Java Street and Manhattan Avenue
• The current configuration consists of 8 residential and 2 commercial units
• Both commercial units are vacant, while one of the eight residential units is currently occupied
• Opportunity to perform a substantial rehabilitation or condominium conversion
• Exceptional Greenpoint location benefiting from continued neighborhood growth, vibrant retail activity, and strong residential demand
• Residential rents in the neighborhood approach $90/SF and condominium sales are in the range of $1,600/SF
• Conveniently surrounded by local eateries, nightlife, parks and easy access to other boroughs
• Located 2 blocks from the Greenpoint Av G train station

Key Property Information

Listing Status: Available
Listing Type: Highest & best offer
Property Types: Apartment Buildings
Price: $7,300,000
No. of Units: 10
Building Size: 11,500 Sq ft
Opportunity Zone: No
Price per unit: $730,000
Address: 161 Java St, Brooklyn, NY 11222, USA

Investment Analyzer

Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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