# 29 Greenpoint Avenue, Brooklyn, NY 11222 > **TL;DR:** 5bd/3ba townhouse, $3,850,000 ($1064/sqft), 3,620 sqft. Est. $20,591/mo. Listed 160 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $3,850,000 | | Price/sqft | $1064 | | Bedrooms | 5 | | Bathrooms | 3 full | | Square Feet | 3,620 | | Property Type | Townhouse (Townhouse) | | Status | Pending | | Days on Market | 160 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $19,468 | | Estimated Insurance | $1,123 | | **Total** | **$20,591** | ## Description ### Agent Description Welcome to 29 Greenpoint Avenue, a boutique mixed-use property located in the heart of Greenpoint, one of the strongest long-term appreciation corridors in New York City. Positioned steps from Transmitter Park, the NYC Ferry, and the multi-billion-dollar Greenpoint Landing redevelopment, the property is surrounded by thousands of newly developed and planned residential units and continued large-scale investment throughout the neighborhood. The property is fully occupied and consists of a long-term retail tenant occupying the ground floor and cellar, along with two floor-through residential apartments above. Current in-place income exceeds $250k annually with projected upside to approximately $300k based on market rents. The retail lease includes annual rent escalations and extends through 2033 with a renewal option, while the residential units are fully free-market and exempt from New York's Good Cause Eviction framework, offering immediate near-term rental upside. Existing rents remain below nearby market levels, with area residential walk-up product achieving approximately $90/SF and nearby retail rents approaching or exceeding $100/SF in prime Greenpoint locations. The property also benefits from Protected Tax Class 1 status with real estate taxes of only approximately $9,201 annually. In addition to stable cash flow and future rental growth, the property also offers meaningful long-term expansion and redevelopment potential. The site currently contains approximately 2,230 additional buildable square feet as-of-right, or up to approximately 3,223 buildable square feet under the current UAP zoning framework, creating a rare opportunity to combine durable in-place income with future development optionality in one of Brooklyn's most rapidly appreciating neighborhoods. ## Location - **Address:** 29 Greenpoint Avenue, Brooklyn, NY 11222 - **County:** Kings - **Neighborhood:** Greenpoint - **Coordinates:** 40.729862, -73.95966 - **Google Maps:** https://www.google.com/maps?q=40.729862,-73.95966 ## Virtual Tour & Media - **Video Tour:** https://www.compass.com/listing/2114871122089696049/view ## Listing Agent - **Name:** Nathan Horne - **Brokerage:** Compass - **Broker Phone:** 6469820353 ## Photos ![29 Greenpoint Avenue - Photo 1](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3713019343r.jpg) ![29 Greenpoint Avenue - Photo 2](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1165354689r.jpg) ![29 Greenpoint Avenue - Photo 3](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f2885210072r.jpg) ![29 Greenpoint Avenue - Photo 4](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f859218248r.jpg) ![29 Greenpoint Avenue - Photo 5](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f327968497r.jpg) ![29 Greenpoint Avenue - Photo 6](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1347466938r.jpg) ![29 Greenpoint Avenue - Photo 7](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1804666119r.jpg) ![29 Greenpoint Avenue - Photo 8](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f234712383r.jpg) ![29 Greenpoint Avenue - Photo 9](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1331886883r.jpg) ![29 Greenpoint Avenue - Photo 10](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3555011180r.jpg) ![29 Greenpoint Avenue - Photo 11](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f751894562r.jpg) ![29 Greenpoint Avenue - Photo 12](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f612075794r.jpg) ![29 Greenpoint Avenue - Photo 13](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1185335587r.jpg) ![29 Greenpoint Avenue - Photo 14](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f2232298852r.jpg) ![29 Greenpoint Avenue - Photo 15](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1547653728r.jpg) ![29 Greenpoint Avenue - Photo 16](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f943602815r.jpg) ![29 Greenpoint Avenue - Photo 17](http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3450800609r.jpg) --- **MLS#:** 11792354 | **Updated:** 2026-10-30 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/29-greenpoint-avenue-brooklyn-ny-11222-076dba0d2db8441aacbceb90ec142206) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/29-greenpoint-avenue-brooklyn-ny-11222-076dba0d2db8441aacbceb90ec142206#listing", "url": "https://www.propertysimple.ai/listing/29-greenpoint-avenue-brooklyn-ny-11222-076dba0d2db8441aacbceb90ec142206", "name": "29 Greenpoint Avenue, Brooklyn, NY 11222", "description": "Welcome to 29 Greenpoint Avenue, a boutique mixed-use property located in the heart of Greenpoint, one of the strongest long-term appreciation corridors in New York City. 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Existing rents remain below nearby market levels, with area residential walk-up product achieving approximately $90/SF and nearby retail rents approaching or exceeding $100/SF in prime Greenpoint locations. The property also benefits from Protected Tax Class 1 status with real estate taxes of only approximately $9,201 annually. In addition to stable cash flow and future rental growth, the property also offers meaningful long-term expansion and redevelopment potential. The site currently contains approximately 2,230 additional buildable square feet as-of-right, or up to approximately 3,223 buildable square feet under the current UAP zoning framework, creating a rare opportunity to combine durable in-place income with future development optionality in one of Brooklyn's most rapidly appreciating neighborhoods.", "image": [ "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3713019343r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1165354689r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f2885210072r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f859218248r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f327968497r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1347466938r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1804666119r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f234712383r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1331886883r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3555011180r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f751894562r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f612075794r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1185335587r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f2232298852r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f1547653728r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f943602815r.jpg", "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3450800609r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/80b840d23ad745585e7a72ac8a6ed373l-f3713019343r.jpg", "caption": "29 Greenpoint Avenue - 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