29 Greenpoint Avenue
Description
The property is fully occupied and consists of a long-term...Welcome to 29 Greenpoint Avenue, a boutique mixed-use property located in the heart of Greenpoint, one of the strongest long-term appreciation corridors in New York City. Positioned steps from Transmitter Park, the NYC Ferry, and the multi-billion-dollar Greenpoint Landing redevelopment, the property is surrounded by thousands of newly developed and planned residential units and continued large-scale investment throughout the neighborhood.
The property is fully occupied and consists of a long-term retail tenant occupying the ground floor and cellar, along with two floor-through residential apartments above. Current in-place income exceeds $250k annually with projected upside to approximately $300k based on market rents. The retail lease includes annual rent escalations and extends through 2033 with a renewal option, while the residential units are fully free-market and exempt from New York’s Good Cause Eviction framework, offering immediate near-term rental upside. Existing rents remain below nearby market levels, with area residential walk-up product achieving approximately $90/SF and nearby retail rents approaching or exceeding $100/SF in prime Greenpoint locations. The property also benefits from Protected Tax Class 1 status with real estate taxes of only approximately $9,201 annually.
In addition to stable cash flow and future rental growth, the property also offers meaningful long-term expansion and redevelopment potential. The site currently contains approximately 2,230 additional buildable square feet as-of-right, or up to approximately 3,223 buildable square feet under the current UAP zoning framework, creating a rare opportunity to combine durable in-place income with future development optionality in one of Brooklyn’s most rapidly appreciating neighborhoods.
![Nathan Horne]()
Nathan Horne
Listing Agent
![Gregg Haft]()
Gregg Haft
Alternative Listing Agent
![Marc Dimov]()
Marc Dimov
Alternative Listing Agent
![The Litvak Team]()
The Litvak Team
Alternative Listing Agent
Amenities
29 Greenpoint Avenue
- Floor Thru
- Private Yard
- Renovated Bath
- Renovated Kitchen
- Open Kitchen
- Northern Exposure
- Southern Exposure
- Basement
- Southeastern Exposure
- Lowrise
Location
$20,680 per month
$19,913
$767
Property information
29 Greenpoint Avenue
Property Details
- Taxes: $767 / month
- Total Rooms: 12.0
- MLS Type: House/Building
- County: Kings County
Building Information
- Stories: 4
- Residences: 2
- Year Built: 1925
- Building Size: 20' x 45'
- Building Sq. Ft: 3,600 SF
- Lot Size: 1,947 SF
- Building Type: Lowrise
Property History
29 Greenpoint Avenue
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Sold Manual | $3,730,000 |
| 10/29/2026 | $3,730,000 +4.0% / yr | |
| 08/19/2026 | Contract Signed Manual | — |
| 05/27/2026 | Listed (Active) Manual | $3,850,000 |
| 05/01/2017 | Sold Manual | $2,575,000 |
| 05/01/2017 | $2,575,000 | |
| 11/09/2016 | Contract Signed Manual | $2,600,000 |
| 09/22/2016 | Listed (Active) Manual | $2,600,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public records
29 Greenpoint Avenue
Total Finished SqFt
2,714 SqFtLot Size
1,947 SqFtYear Built
1925Zoning
R6APN
3025560053Schools
Near 29 Greenpoint Avenue
This home is within New York City Geographic District #14.
- Rated 9 out of 109/10P.S. 31 Samuel F DupontPublic · PK-5 · 0.4 mi · Serves this home
- Rated 8 out of 108/10John Ericsson Middle School 126Public · 6-8 · 0.9 mi · Choice school
- Rated 3 out of 103/10A-Tech High SchoolPublic · 9-12 · 0.6 mi · Choice school
- Rated 5 out of 105/10Conselyea Preparatory SchoolPublic · 6-8 · 1.0 mi · Choice school
- Rated 5 out of 105/10Williamsburg Preparatory SchoolPublic · 9-12 · 1.0 mi · Choice school
- Rated 8 out of 108/10Williamsburg High School for Architecture and DesignPublic · 9-12 · 1.0 mi · Choice school
- Not ratedNRSt Stanislaus Kostka Catholic AcademyPrivate · PK-8 · 0.7 mi · Nearby school
- Not ratedNRSt. Stanislaus Kostka SchoolPrivate · PK-8 · 0.8 mi · Nearby school
- Not ratedNRBritish International School of NyPrivate · PK-10 · 0.8 mi · Nearby school
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Neighborhood Map and Transit
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Listing Courtesy of Serhant
Listing Courtesy of Serhant
$1,799,000
- 2
- Bedrooms
- 2
- Bathrooms
- 989
- Square Feet
- Unavailable
- Acres
Listing Courtesy of BLT Minimax Realty Inc
Listing Courtesy of ENGEL & VOLKERS BROWNSTONE BROOKLYN
$6,500,000
- 9
- Bedrooms
- 9
- Bathrooms
- Unavailable
- Square Feet
- 200' x 25'
- lot size
Listing Courtesy of Platinum Forbes Global Properties
Listing Courtesy of R New York
Listing Courtesy of Brown Harris Stevens Residential Sales LLC
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 29 Greenpoint Avenue, Greenpoint | $3,730,000 | 5 | 3 | 3,620 | 1,947 |
$2,375,000 | 5 | 2 | – | 1,900 | |
$1,835,000 | 2 | 2 | 1,024 | – | |
$1,200,000 | 1 | 1 | 780 | – | |
$2,080,000 | 3 | 2 | 1,246 | – | |
$2,080,000 | 3 | 2 | – | – | |
$2,160,000 | 3 | 2 | 1,246 | – | |
$1,295,000 | 2 | 1 | 0 | – |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. 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. This information is provided exclusively for consumers’ personal, non-commercial use. The data relating to real estate for sale on this website comes in part from the IDX Program of OneKey® MLS. Information Copyright 2026, OneKey® MLS. All data is deemed reliable but is not guaranteed accurate by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. See Terms of Service for additional restrictions. Compass · Tel: 212-913-9058 · New York, NY Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York’s Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer’s personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., all rights reserved. This information is not guaranteed, should be independently verified and may not reflect all real estate activity in the market. Offers of compensation set forth here are for other RLSParticipants only and may not reflect other agreements between a consumer and their broker.©2026 The Real Estate Board of New York, Inc., All rights reserved.