Welcome to 688 Manhattan Ave, an exceptional income-producing mixed-use property located in the vibrant hub of Greenpoint. The property boasts six free market apartments and three commercial spaces, with one currently vacant-perfect for a new business venture. This prime real estate opportunity offers great return on investment with a mix of 1 and 2-bedroom units. The entire building is well-maintained and in excellent condition. This property promises strong rental income. Situated in the premier Greenpoint neighborhood of Brooklyn, the property is conveniently close to McCarren and McGolrick Parks, the Nassau Avenue G train station, and the Bedford Avenue L train station-just one stop from Manhattan. Enjoy the proximity to Brooklyn's finest restaurants and all other amenities, making this a highly desirable location for both residential and commercial tenants.
Property Details
Property Features
Property Information:
Architectural Style: Mid-Rise
Year Built: 1930
Living Area: 6,325 SqFt
Listing Office:
Office Name: Trademarko Realty Inc
Office Phone: (718) 502-5141
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 3
Full Bathrooms: 6
Total Bedroom Count: 9
Exterior Features
Parking Information:
Attached Garage: No
Parking: On Street
Lot Features
Lot Information:
Lot: Near Public Transit
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Forced Air
Cooling: Window Unit(s)
Other
Directions Information:
Directions: www.google.com/maps
Price Information
Listing Price Info
Price Summary:
List Price: $5,700,000
Price Per SqFt: $901/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in New York, NY.
This property is $4.8M more than the Median Sold Price and $256/SqFt more than other homes in New York, NY.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: ONEKEY
MLS Number: #3585177
Listing Office:
Office Name: Trademarko Realty Inc
Office Phone: (718) 502-5141
Listings courtesy of OneKey MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
The source of the displayed data is either the property owner or public record provided by non-governmental third parties. It is believed to be reliable but not guaranteed.
Information Copyright 2024, OneKey™ MLS. All Rights Reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 11/16/2024, 9:11:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$28.5K
Per Month
Principal & Interest
$28.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$17.1K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
P.S. 34 Oliver H. Perry School
131 Norman Ave
Distance between this listing and this school0.13 miles
Public District Grades PK-5
9
/10
P.S. 31 Samuel F. Dupont School
75 Meserole Ave
Distance between this listing and this school0.18 miles
Public Magnet Grades PK-5
6
/10
P.S. 110 The Monitor School
124 Monitor St
Distance between this listing and this school0.50 miles
Public District Grades KG-6
Nearby Schools
4
/10
John Ericsson Middle School 126
424 Leonard St
Distance between this listing and this school0.41 miles
Public Magnet Grades 6-8
6
/10
Conselyea Preparatory School
208 N 5th St
Distance between this listing and this school0.78 miles
Public District Grades 6-8
5
/10
P.S. 84 Jose De Diego School
250 Berry St
Distance between this listing and this school0.95 miles
Public Magnet Grades PK-8
Nearby Schools
4
/10
A-Tech High School
50 Bedford Ave
Distance between this listing and this school0.22 miles
Public District Grades 9-12
2
/10
Northside Charter High School
424 Leonard St Fl ST-4th
Distance between this listing and this school0.41 miles
Public Charter Grades 9-12
5
/10
Williamsburg Preparatory School
257 N 6th St
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $73,077. The majority of New York, NY residents have income between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 688 Manhattan Ave in Greenpoint, NY and zip code 11222 in the Greenpoint neighborhood. This 6,325 square foot home, which was built in 1930, sits on a 0.04 acre lot. Features: 9 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $5,700,000.
Over 269 listings were sold over their listed price in October 2024 in New York, NY. In the same period over 833 listings were sold below the listed price and 850 listings were sold for the listed price. Between September 2024 and October 2024, New York, NY real estate market has seen increase in the number of listings by 1.8%. While the average time on the market in October 2024 was 84 days, the median list price was $856,124.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Music Concerts
Music Concerts
Art Museums
Live Theatre
H&M
Bloomingdales
Crate & Barrel
Chipotle
Starbucks
Boston Market
Volkswagen
Audi
Mercedes
Rhythmic Contemporary Hits
News
Jazz