Contacts
TerraCRG
TerraCRG
Property Details
- Property Type Multi-Family
- Property Size 5,000 SF
- Units 8
- Lot Size 2,500 SF
- Zoning R6B
- # of Floors 4
- Year Built 1928
- Date Updated Jan 27, 2026
TerraCRG has been retained to exclusively represent ownership in the sale of 151 Dupont Street, an 8 unit multifamily building with 7 free market units and 1 rent stabilized unit in the Greenpoint neighborhood of Brooklyn. The approximately 5,000 SF building has an annual gross rent roll of ~$334K and a net operating income of ~$258K after expenses. The property is offered at an in-place ~6.8% Cap Rate. There is also upside on the existing rents and at market rents for the free market units, the property should gross closer to $364K (which would provide for over a 7.5% Cap Rate). Located in the northern part of Greenpoint, the property is a five-minute walk from globally recognized restaurants and bakeries, such as Ilis, Glasserie, and Radio Bakery. Additionally, 3 blocks away from the property is the new Greenpoint Landing development project, where major investors, such as Brookfield Properties, The Rockefeller Group, and The Domain Companies, plan to develop 5,550 residential units along with retail amenities, waterfront promenade and five acres of open space. The property sits on the Dupont Street corridor between Manhattan Avenue and McGuinnes Blvd and is a short walk to the G train at Greenpoint Avenue, providing excellent connectivity to Manhattan and the rest of Brooklyn.
Reach out to the broker for more info on lease terms and amenities
Getting around
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93/100
Walk Score ®
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92/100
Transit Score ®
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94/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Greenpoint
- Zip Code 11222
- Market Brooklyn
Points of Interest
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Greenpoint Avenue
0.34 miles
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Long Island City Station Platform
0.42 miles
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Hunterpoint Ave (7)
0.51 miles
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Hunterspoint Avenue (7)
0.52 miles
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Hunters Point Avenue
0.52 miles
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Hunterspoint Station Platform
0.52 miles
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21st Street
0.58 miles
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Court Square
0.88 miles
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Court Square–23rd Street
0.91 miles
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Midtown Operating
1.10 miles
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Gulf
0.19 miles
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BP
0.39 miles
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Sonamax
0.50 miles
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Citgo
0.60 miles
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Tesla Supercharger
1.00 miles
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Global
1.03 miles
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Bus Charging Station
1.16 miles
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ChargePoint
1.27 miles
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MTA NYCT Emergency Response Unit
0.20 miles
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Quik Park
0.81 miles
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FDNY Fleet Services
0.84 miles
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Central Parking System of New York, Inc.
0.94 miles
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LaGuardia Community College Parking Lot
0.96 miles
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MTP Park
0.97 miles
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Waterside Plaza Parking
1.04 miles
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NYU Langone Parking Lot D
1.06 miles
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Skyport
1.06 miles
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Icon Parking
1.24 miles
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Box House Hotel
0.12 miles
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Franklin Guesthouse
0.31 miles
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NYC Glamping
0.73 miles
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The Henry Norman Hotel
0.76 miles
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Feather Factory Hotel
0.88 miles
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Fairfield Inn Long Island City/Manhattan View
0.90 miles
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Wyndham Garden
0.93 miles
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The William Vale
0.97 miles
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The Local NY
0.98 miles
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LIC Hotel
0.98 miles
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Lincoln Market
0.12 miles
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Riverside Market
0.27 miles
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Prestige Organic Market
0.29 miles
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C-Town
0.30 miles
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Market on Kent
0.38 miles
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Jubilee Marketplace
0.43 miles
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Key Food
0.44 miles
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Fresh My Day
0.52 miles
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Natural Frontier Market
0.54 miles
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Urban market
0.55 miles
