Keen-Summit Capital Partners LLC has been retained in the disposition of:
186 Greenpoint Ave, Greenpoint section of Brooklyn, NYC:
- 11,250 SF Four-Story Building
- Built in 2017
- Land: 3,725 SF
- Commercial Units: 1 ground floor
- Ten Residential Units:
- 4 Two-bedroom units
- 6 Studio apartments
- Zoning: R6B with a C2-4 comm overlay
421 Tax Abatement: 30 Years Remaining
The 421a tax abatement is a valuable property tax incentive program in New York City, providing significant tax relief to eligible real estate developments for a specified period, typically up to 25 or 35 years.
Location Highlights:
- Short distance from the following:
- Subway stops:
- G line (Greenpoint Ave: under 500 ft; Nassau Ave: 0.31 miles)
- 7 line (Vernon Blvd-Jackson Ave: 0.85 miles)
- Ferry at India St Ferry Landing: 0.44 miles
- LIRR at Long Island City: 0.8 miles
- Midtown Tunnel/LIE: 1.4 miles
- Williamsburg Bridge: 2.2 miles
- Subway stops:
Additional information available. Execute and return the non-disclosure agreement to Anthony Cardillo (acardillo@keen-summit.com)
To download the form NDA CLICK HERE.
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