Type:
Mixed Use
Units:
Investment Property Realty Group (IPRG) is pleased to present an exclusive opportunity to acquire 216 Greene Avenue, a prime free-market mixed-use asset located between Grand Avenue and Cambridge Place in the heart of Clinton Hill, Brooklyn.
This free market mixed-use property is delivered vacant and currently configured as a top-floor duplex, one additional apartment, and three small stores. Legal use is three apartments and one store. It boasts 20 feet of frontage along one of Greene Avenue’s most sought-after stretches and is ready for redevelopment or repositioning.
Retail is built 20 ft x 90 ft; residential is built 20 ft x 44 ft. Sitting on a 20 ft x 90 ft lot, the four-story 1930 building offers approximately 4,500 square feet of total space. Its strategic location near major retail corridors and excellent access to public transportation— including the G, A, and C subway lines—enhances its appeal as a future cash-flowing investment or development opportunity with significant upside in one of Brooklyn’s most dynamic and desirable neighborhoods. This is an exceptional opportunity for investors seeking long-term value in a well-established market.
Block & Lot:
01965-0039
Neighborhood:
Clinton Hill
Cross Streets:
Grand Ave & Cambridge Pl
Lot Dimensions:
20 ft x 90 ft
Units:
4
Zoning:
R6B, C2-4
FAR:
2
Tax Class:
2A