941 Manhattan Ave Unit 5, Brooklyn, NY, 11222
About This Home
Located in a vibrant commercial corridor, 941 Manhattan Avenue presents an opportunity to acquire a mixed use asset with plenty of space for significant rent growth and value add potential. 4 residential free-market units, all functional two bedroom layouts (approx 688 sq feet) with natural light and sizeable bedrooms. With current rents offering market rate appreciation, increase rents as is or make minor cosmetic changes to maximize your ROI. All four residential units are free-market and not subject to rent stabilization, offering full flexibility for rent increases and repositioning The ground floor features a high visibility store front currently operating as a popular restaurant. Great foot traffic, near public transportation, and surrounded by trendy boutiques and eateries. 941 Manhattan Avenue is Situated steps from the Greenpoint Ave G train and close to the East River Ferry. We have a full P&L and expense breakdown for qualified buyers. This property is ready for an investor who recognizes the value of location and is ready to make small changes that will lead to large profits.
Getting Around
Walker's Paradise
Very Limited Transit
Biker's ParadiseSchools
Construction
Condition
- Year built: 1931
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Interior Area
- Total structure area: 5,500
- Total interior livable area: 5,500 sqft
Property
Details
- Special condition: Resale
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Coastal Flooding
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Kings County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,939 | $203,268 |
| Home Insurance * | $1,282 | $15,384 |
| Property Taxes | $1,563 | $18,756 |
| Electricity | $908 | $10,907 |
| Total | $20,692 | $248,304 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Listed for sale | $3,490,000 |
| 2026-04-22 | Listing removed | $3,490,000 |
| 2026-04-20 | Listed for sale | $3,490,000 |
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