29 Greenpoint Avenue

Listed By CompassContract Signed
Listed By CompassContract Signed
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Contract Signed
$3,850,000
5 beds3,620 sqft
29 Greenpoint Avenue, Greenpoint
Est: $21,320/moGet pre-approved
Multi FamilyProperty Type
0.04 acresLot Size
1925Year Built
$1,064/sq ftPrice per sq ft
Pets welcomePet policy

Description

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...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.
83 days on Market
Last updated: 08/19/2026 03:54 PM

Amenities

  • Floor Thru
  • Private Yard
  • Renovated Bath
  • Renovated Kitchen
  • Open Kitchen
  • Northern Exposure
  • Southern Exposure
  • Basement

Location

Add your commute

Payment Calculator

Get preapproved with Rocket Mortgage1

$21,320 per month

30 year fixed, 7.03% Interest

Principal and Interest

$20,553

Property Taxes

$767

Maintenance/Common Charges

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 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 for 29 Greenpoint Avenue

DateEvent & SourcePriceAppreciationLink
Aug 19, 2026

Contract Signed

Manual

——
May 27, 2026

Listed (Active)

Manual

$3,850,000——
May 1, 2017

Sold

Manual

$2,575,000——
DateEvent & SourcePrice
08/19/2026

Contract Signed

Manual

—
05/27/2026

Listed (Active)

Manual

$3,850,000
05/01/2017

Sold

Manual

$2,575,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 29 Greenpoint Avenue

Taxable ValueLand$19,500Additions$160,500Total$180,000
Home Facts
Total Finished SqFt2,714 SqFtLot Size1,947 SqFtYear Built1925ZoningR6APN3025560053

Schools near 29 Greenpoint Avenue

This home is within New York City Geographic District #14.
Rating
School
Type
Grades
Distance
P.S. 31 Samuel F Dupont
Public - PK to 5
John Ericsson Middle School 126
Public - 6 to 8
A-Tech High School
Public - 9 to 12
Conselyea Preparatory School
Public - 6 to 8
Rating
School
Distance
P.S. 31 Samuel F Dupont
PublicPK to 5

John Ericsson Middle School 126
Public6 to 8

A-Tech High School
Public9 to 12

Conselyea Preparatory School
Public6 to 8

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.

Greenpoint
Greenpoint
A revitalized post-industrial neighborhood. Located on the northernmost point in Brooklyn, Greenpoint offers old-school community vibes as well as a burgeoning creative scene. Generations of families and newcomers alike delight in the intimate charm of this quiet, tucked-away neighborhood.
Greenpoint Guide

Neighborhood Map and Transit

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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.