1139-1141 Manhattan Avenue — Sale in Brooklyn, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Business
  • Location: Brooklyn, NY 11222

Investment Figures

Cap rate
6.70%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to offer 1139-1141 Manhattan Avenue A rare investment located along Manhattan Avenue, the main commercial spine connecting Greenpoint to Long Island City. The properties sit within one of North Brooklyn’s most active mixed-use corridors, offering consistent foot traffic, long-term tenancy demand, and exceptional visibility in the heart of a rapidly expanding neighborhood. An opportunity to curate high-performing retail or creative tenants along one of the most active stretches of Manhattan Avenue. Retail demand in this pocket remains strong, with new leases regularly achieving $90–$120 per square foot, providing immediate upside. Investment Highlights: • 1139-1141 Manhattan Avenue, built in 1931, is a boutique mixed-use portfolio featuring efficient floor plates and flexible layouts ideal for stable long-term ownership. • 6,596 Total SF | 50% Free Market | Tax Class: 1 • Just minutes from the Greenpoint Avenue G train, East River Ferry, the Pulaski Bridge, Citi Bike stations, and direct routes to Williamsburg, LIC, and Midtown Manhattan.

Market Context

This mixed use in Brooklyn, NY is listed for sale. It is offered at an approximate 6.7% capitalization rate, a key benchmark for income-producing mixed use assets. It has been on the market for 100 days. Compare it against other mixed use listings for sale in Brooklyn, NY — view the full market.

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