Overview

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.

• 8 Total Units (7 Free-Market Units + 1 Rent Stabilized Unit)
• 5,000 SF
•  In-Place 6% Cap with potential rental upside
• Easy Access to G Train, Buses, & Ferry

Located in the northern part of Greenpoint, the property is blocks 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.