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For SaleLuxury

$5,000,000

20 days on market

188 Eagle Street

Brooklyn, NY 11222

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1931

Built

Listing narrative

Description

5 Boro Realty is pleased to offer for sale 188 Eagle Street, a 17-unit mixed-use multifamily asset in north Greenpoint, comprising 16 residential apartments and 1 ground-floor retail unit. Built in 1931, the four-story brick walk-up sits one block from McGuinness Boulevard at the foot of the Pulaski Bridge, with direct access to Long Island City and Midtown Manhattan. The residential component consists of 16 rent-stabilized apartments across a well-balanced mix of eight 2-bedrooms, seven 1-bedrooms and one studio. The ground-floor retail unit diversifies the income stream and complements the residential rent roll. Greenpoint continues to rank among North Brooklyn's strongest multifamily submarkets, driven by sustained renter demand and limited new supply on its narrow side streets. The property is a five-minute walk to the G train at Manhattan Avenue and India Street and carries a 93 Walk Score and 93 Transit Score. The offering presents investors with a stable income-producing asset and a long-term hold in one of Brooklyn's most sought-after neighborhoods. Rent roll and financials available upon request.

Listing agent (MLS): Gabrielle Winters · Listing brokerage (MLS): 5 Boro Realty Corp

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$5,000,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

2,500 sqft

Year

1931

Status

For Sale

Days on Market

20

· 8% down, 7% APR, 30yr fixed
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Courtesy of 5 Boro Realty Corp

188 Eagle Street, Brooklyn | Keller New York