About This Home

This 0-bedroom, 0-bathroom commercial at 188 Eagle St in Brooklyn, NY is listed for $5,000,000 ($562 per sqft). Built in 1931, the home offers 8,900 sqft of living space on a 0.06 acres lot.

Key Features

  • Built in 1931
  • 0.06 acre lot

Property Details

1931

Amenities

Hardwood
Listing Description

5 Boro Realty is pleased to offer for sale 188 Eagle Street, a 17-unit mixed-use multifamily asset in north Greenpoint, comprising 16 residential apartments and 1 ground-floor retail unit. Built in 1931, the four-story brick walk-up sits one block from McGuinness Boulevard at the foot of the Pulaski Bridge, with direct access to Long Island City and Midtown Manhattan.

The residential component consists of 16 rent-stabilized apartments across a well-balanced mix of eight 2-bedrooms, seven 1-bedrooms and one studio. The ground-floor retail unit diversifies the income stream and complements the residential rent roll. Greenpoint continues to rank among North Brooklyn's strongest multifamily submarkets, driven by sustained renter demand and limited new supply on its narrow side streets.

The property is a five-minute walk to the G train at Manhattan Avenue and India Street and carries a 93 Walk Score and 93 Transit Score. The offering presents investors with a stable income-producing asset and a long-term hold in one of Brooklyn's most sought-after neighborhoods. Rent roll and financials available upon request.

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

188 Eagle St

Brooklyn, NY 11222

Greenpoint

Property Details

Flooring

Hardwood

Heating

Natural GasBaseboard

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 188 Eagle St is listed at $5,000,000 ($562/sqft). The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1931, 0.06 acre lot.

This property is listed by Nina Sabag.

NS

Nina Sabag

Agent at 5 BORO REALTY CORP

Listed by 5 BORO REALTY CORP · Broker phone: 855-305-DEAL

MLS# 12007406· Source: My State MLS· 27 days on PropertySimple

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

188 Eagle St, Brooklyn, NY 11222

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