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152 Norman Avenue

152 Norman Ave, Brooklyn, NY, 11222, US

152 Norman Avenue_Property for Sale

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Asset description

Jones Lang LaSalle is pleased to offer for sale the fee simple interest in 152 Norman Avenue (the “Property”), a 5,500 square foot mixed-use building with a ground floor commercial space and six free market residential units, located in the Greenpoint neighborhood of Brooklyn.

Attributes

Building area gross
5,500 sf
Occupancy
100.00%
Land area Gross
0.04 acres (1,742 sf)
Number of units
7 units

Investment highlights

The Property is the beneficiary of New York City’s protected 2B tax class. Buildings that fall under the city’s 2B designation have capped annual tax increases. Additionally, the Property’s six free-market residential units are acknowledged by DHCR sub rehab paperwork. The Property is located in the heart of Greenpoint, which is one of Brooklyn’s most desirable submarkets because of its proximity to McCarren Park, Williamsburg, and commerce along Manhattan Avenue, Bedford Avenue, and Nassau Avenue. 152 Norman Avenue benefits from access to the Nassau Avenue g train and B48 bus stop, both within a few minutes’ walk.

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Last updated
Nov 30, 2022