---
title: "29 Greenpoint Avenue, New York City, NY 11222"
description: "29 Greenpoint Avenue, New York City, NY 11222 — Multi Family Home in Greenpoint, Brooklyn, NY. Listing Price $3,850,000. In contract 8/19/2026. 5 bed, 3 bath, 3,620 sqft Illustrative Buyer Commission Share of $57,750 at closing, based on a 3% buyer-broker commission."
url: "https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/29-greenpoint-avenue-ny-11222"
source: "Real Estate Rebate Team"
status: "Pending"
---

# 29 Greenpoint Avenue, New York City, NY 11222

Multi Family Home in Greenpoint, Brooklyn, NY

Courtesy of Compass

## At a Glance

- **Listing Price**: $3,850,000
- **Status**: In contract 8/19/2026
  In Contract/Lease Signed indicates an offer has been made and accepted by the seller/landlord, with the deal pending completion.
- **Beds**: 5
- **Baths**: 3
- **Sqft**: 3,620
- **Monthly Taxes**: $767 / mo
- **Price per Sqft**: $1,064
- **Brokerage Fee**: Share Eligible

## The Private Brokerage Advantage

As an independent luxury buyer representative, Régis shares 50% of the buyer-side commission he actually receives on your purchase. Eligible buyers receive that Buyer Commission Share directly at closing to offset closing costs, down payments, or renovations. The figures below are illustrative, based on a **3% buyer-broker commission**; your share follows the commission offered on the transaction.

- **Contract Purchase Price**: $3,850,000
- **Illustrative Buyer Commission Share**: -$57,750*
- **Illustrative Net Cost**: $3,792,250

*Illustrative Buyer Savings of $57,750 — 50% of a 3% buyer-broker commission, shared at closing.*

[Request a private tour](https://realestaterebatesnewyork.com/contact) · [Estimate your Buyer Commission Share](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)

## Photos (10)

![29 Greenpoint Avenue, New York City, NY 11222 — photo 1 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/51c95976-b9ed-45e1-a145-b2f37615de12.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 2 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/44beac69-2933-48a4-90cb-ba36e7517596.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 3 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f1008aab-18a8-4b95-b3cc-77c60c256a56.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 4 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/6dad39a9-aa22-4ec6-99e4-8f2a0273d7f1.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 5 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/3df4afce-2a82-4160-b178-941829504449.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 6 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/80151c98-285b-404c-b506-97017f76c150.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 7 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/2bc5811d-b3e9-4a20-bdef-df7bb11e90f4.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 8 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/f4f4c84e-981e-4356-b1bb-f4d8c20c7cd9.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 9 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/8b494fdb-50e4-440f-a7bf-303ac4cdf341.jpg)
![29 Greenpoint Avenue, New York City, NY 11222 — photo 10 of 10](https://realestaterebatesnewyork-bucket.nyc3.cdn.digitaloceanspaces.com/bcb08b7e-e23c-4097-9fe6-e9b86f08c0b7.jpg)

## Property Overview

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.

## Property Details

- **Property Type**: Multi Family
- **Beds**: 5
- **Baths**: 3
- **Rooms**: 12
- **Sqft**: 3,620 sqft
- **Stories**: 4
- **Year Built**: 1925
- **Price per Sqft**: $1,064
- **Monthly Taxes**: $767 / mo
- **Listed On**: May 27, 2026
- **Days on Market**: 108 Days

### Residence Features

- See Remarks
- Private Outdoor Space Over 60 Sqft
- Private Yard

## Sales Evidence

### How this price compares

The median closed price for comparable house sales in Greenpoint is $2,311,750, based on 10 sales between November 2021 and August 2026. This home is asking $3,850,000, $1,538,250 above that median. The middle half of those sales closed between $1,950,000 and $2,518,750.

- **Median closed price**: $2,311,750
- **Middle half**: $1,950,000 – $2,518,750
- **Based on**: 10 house sales in Greenpoint
- **Period**: November 2021 – August 2026
- **Median $/ft²**: $792/ft²

Across the 8 of these sales with a published asking price, the median closed at 91.5% of what it originally asked. 88% of them closed below the original ask.

A house is not part of a building of comparable apartments, so this benchmark is drawn from house sales across Greenpoint. Apartment sales are excluded from it entirely.

### How these sales were negotiated

- **Sold vs original ask**: 91.5% of the original ask
- **Closed below ask**: 88% of 8 sales
- **Listed → in contract**: 120 days (about 17 weeks)
- **In contract → closed**: 60 days (about 9 weeks)

Across the 8 of these sales with a published asking price, the median closed at 91.5% of what it originally asked. 88% of them closed below the original ask.

Half of these homes were in contract within 120 days (about 17 weeks) of coming to market, based on the 8 with a recorded listing date.

Once a deal was agreed, closing took a further 60 days (about 9 weeks), based on the 8 with both dates recorded.

These are two separate periods measured on different clocks — time to find a buyer, and time from agreed deal to closing. They are medians of different sets of sales and do not add together into a single "days on market" figure.

Based on 10 house sales in Greenpoint, November 2021 – August 2026. Each figure counts only the sales that recorded the dates it needs, which is why the denominators differ.

Sale prices are the consideration recorded with the City in ACRIS, and each sale is dated by the day the City recorded it. A closing date reported to the MLS typically falls one to two weeks earlier. Recorded sales describe what has already happened and are not an appraisal, a valuation, or an estimate of what this home will sell for.

[See every recorded sale at 29 Greenpoint Avenue](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/29-greenpoint-avenue)

## Price and Property History for 29 Greenpoint Avenue

Review the recorded listing activity for 29 Greenpoint Avenue, including asking-price changes and prior market dates.

- **Entered contract**: August 19, 2026

| Date | Price | Listing event |
| --- | --- | --- |
| August 19, 2026 | $3,850,000 | Entered contract |
| May 24, 2026 | $3,850,000 | Listed for sale by Compass |

## Property Tax History

Taxes at 29 Greenpoint Avenue were $9,313 in 2026, up 1.7% from 2025.

| Year | Tax Assessment | Land | Additions | Billable Value | Property Tax | Tax Rate |
| --- | --- | --- | --- | --- | --- | --- |
| 2026 (FY 2026/27) | $180,000 | $19,500 | $160,500 | $46,369 | $9,313 | 20.085% (estimated) |
| 2025 (FY 2025/26) | $186,180 | $19,500 | $166,680 | $45,569 | $9,153 | 20.085% (estimated) |
| 2024 (FY 2024/25) | $219,000 | $19,500 | $199,500 | $43,316 | $8,700 | 20.085% |
| 2023 (FY 2023/24) | $214,140 | $19,500 | $194,640 | $35,432 | $7,117 | 20.085% |
| 2022 (FY 2022/23) | $177,060 | $19,500 | $157,560 | $33,840 | $6,873 | 20.309% |
| 2021 (FY 2021/22) | $190,740 | $19,500 | $171,240 | $33,840 | $6,755 | 19.963% |
| 2020 (FY 2020/21) | $195,000 | $19,500 | $175,500 | $33,173 | $6,981 | 21.045% |
| 2019 (FY 2019/20) | $155,940 | $19,500 | $136,440 | $31,296 | $6,624 | 21.167% |
| 2018 (FY 2018/19) | $29,527 | — | — | $29,527 | $6,177 | 20.919% |
| 2017 (FY 2017/18) | $28,200 | — | — | $28,200 | $5,749 | 20.385% |
| 2016 (FY 2016/17) | $28,200 | — | — | $28,200 | $5,637 | 19.991% |
| 2015 (FY 2015/16) | $27,644 | — | — | $27,644 | $5,406 | 19.554% |
| 2014 (FY 2014/15) | $26,080 | — | — | $26,080 | $4,996 | 19.157% |
| 2013 (FY 2013/14) | $24,606 | — | — | $24,606 | $4,722 | 19.191% |
| 2012 (FY 2012/13) | $23,500 | — | — | $23,500 | $4,364 | 18.569% |
| 2011 (FY 2011/12) | $23,500 | — | — | $23,500 | $4,278 | 18.205% |
| 2010 (FY 2010/11) | $23,037 | — | — | $23,037 | $4,000 | 17.364% |

The City has not published the official FY2026/27 and FY2025/26 tax rates yet. We calculated the tax for those years using the prior year’s rate, so treat them as an estimate rather than a figure the City has adopted. Every rate without the Estimated marker is the published one.

Tax Assessment is the assessed value on the City’s roll, and it is the figure other listing sites publish. It is not what the bill is calculated on. New York phases assessment changes in gradually for some tax classes, so the City bills the Billable Value shown beside it, less any exemption the owner holds. It usually trails the assessment, and it can sit above it for a few years after an assessment falls.

Figures are the New York City Department of Finance assessment roll for tax lot 3025560053. Assessed and billable values are determined by the City for tax purposes and are not an appraisal or an estimate of market value. Tax classes and rates are set annually and can change.

[How we source and calculate NYC property tax data](https://realestaterebatesnewyork.com/nyc-property-tax-data-methodology)

## About The Building

### 29 Greenpoint Avenue

Greenpoint · Multi Family

29 Greenpoint Avenue, Brooklyn, NY 11222

A building in Greenpoint, currently featuring 1 active listing.

- **Year Built**: 1925
- **Total Units**: 1
- **Floors**: 4

[View the building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/29-greenpoint-avenue)

### Available Residences — For Sale (1)

| Unit | Beds | Baths | Size | Price / Ft² | Price | Listing Office | Listed Date | Days on Market |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [N/A](https://realestaterebatesnewyork.com/buy/newyorkcity/brooklyn/11222/29-greenpoint-avenue-ny-11222) | 5 | 3 | 3,620 sqft | $1,064 | $3,850,000 — In contract | Compass | May 27, 2026 | 108 days |

## Estimated Monthly Payment

**$20,235 / month**, assuming a 20% down payment ($770,000), a 6.5% interest rate and a 30-year term. The page's calculator lets a buyer change all three.

- **Principal & Interest**: $19,468
- **Property Taxes**: $767

Estimates only. Actual payments may vary. Confirm terms with your lender.

## Greenpoint

Overview of Greenpoint

[Explore Greenpoint](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint) · [All Neighborhoods](https://realestaterebatesnewyork.com/neighborhoods)

### Nearby Greenpoint

- [Williamsburg real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/williamsburg)
- [Long Island City real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/long-island-city)
- [Sunnyside real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/queens/sunnyside)
- [Stuyvesant Town real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/stuyvesant-town)
- [Kips Bay real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/kips-bay)
- [East Village real estate for sale](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/manhattan/east-village)

## Related Links

- [29 Greenpoint Avenue — building page](https://realestaterebatesnewyork.com/buildings/new-york-city/brooklyn/29-greenpoint-avenue)
- [Greenpoint neighborhood guide](https://realestaterebatesnewyork.com/neighborhoods/new-york-city/brooklyn/greenpoint)
- [Estimate your Buyer Commission Share and closing costs](https://realestaterebatesnewyork.com/calculators/buyer-closing-cost-calculator)
- [Contact Régis Roumila](https://realestaterebatesnewyork.com/contact)

---

> RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

> All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.