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Property Description
Welcome to 688 Manhattan Avenue, a standout mixed-use investment property located in the heart of Greenpoint. This well-maintained building features six free-market residential units and three commercial spaces, with two stores currently vacant, offering an excellent opportunity for a new business or additional income potential. The residential units consist of a mix of one- and two-bedroom apartments, providing strong and consistent rental appeal. The property is in excellent overall condition and presents a compelling opportunity for investors seeking stable cash flow and solid returns. Ideally positioned in one of Brooklyn's most sought-after neighborhoods, the building is close to McCarren Park, McGolrick Park, and convenient transportation options including the Nassau Avenue G train and the Bedford Avenue L train, which is just one stop from Manhattan. Residents and businesses alike benefit from the area's renowned restaurants, shops, and neighborhood amenities, making this location highly attractive for both residential and commercial tenants.
Full Property Details
Full Property Details for 688 Manhattan Ave
General
- Price: $3,995,000
- Taxes: $29,570
- Status: Active
- Type: Commercial
- Source: Long_Island
- MLS ID: 969393
- Updated: Today (3/9/2026)
- Added to Site: Today
Interior
- Appliances: Gas Water Heater
Parking
- Parking Features: On Street
Location
- County: Kings (Brooklyn)
- Cross Streets: Norman Ave
- Driving Directions: www.google.com/maps
School Information
- High School District: Brooklyn 14
- Middle School: Jhs 50 John D Wells
- High School: Brooklyn Latin School (The)
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Trash Collection Public, Water Available, Water Co
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Full Basement
- Building Size: 6325
- Square Feet: 6,325
- Year Built: 1930
Lot Features
- Lot Size (Sq. Ft.): 1,796
- Lot Features: Near Public Transit, Near School, Near Shops
Financial Considerations
- Tax Amount: $29,570
Disclosures and Reports
- Special Conditions: None
- Property ID: 02647-0056
- Block: 2647
- Lot Number: 56
Listed by Trademarko Realty Inc
Get Pre-Approved Today
Schools
Schools serving 688 Manhattan Ave
School District:New York City Geographic School District 14
| Name | Grades | Distance |
|---|---|---|
P.S. 34 Oliver H Perry 131 Norman Avenue, Brooklyn, NY 11222 | PK-5 | 0.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 688 Manhattan Ave
Date
Details
Price
Change
Source
3/09/2026
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 688 Manhattan Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$29,570
3%
$236,556
-82%
2024
$28,648
8%
$1,348,920
20%
2023
$26,530
10%
$1,124,100
3%
2022
$24,107
8%
$1,089,000
-9%
2021
$22,322
-2%
$1,200,150
24%
2020
$22,697
3%
$970,920
—
2019
$21,986
14%
$970,920
495%
2017
$19,227
—
$163,238
8%
2017
$19,227
7%
$151,171
8%
2016
$18,045
—
$139,974
—
2015
$18,033
9%
$139,974
3%
2014
$16,506
6%
$135,592
8%
2013
$15,621
—
$125,568
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 688 Manhattan Ave
688 Manhattan Avenue, Brooklyn, NY 11222 (MLS# 969393) is a Commercial property. 688 Manhattan Avenue is currently listed for $3,995,000 and was received on March 09, 2026. Want to learn more about 688 Manhattan Avenue? Do you have questions about finding other Commercial real estate for sale in Brooklyn? You can browse all Brooklyn real estate or contact a Coldwell Banker agent to request more information.

