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The subject property is a new construction, loft-style apartment building in Greenpoint, Brooklyn. Located less than one block from the Greenpoint Avenue G Train station entrance at India Street, 305 McGuinness Boulevard has 38 luxury residential units and 19 parking spaces generating additional income. Further amenities include a fitness center, a common courtyard and an unfinished rooftop which offers panoramic views of the Manhattan skyline, Queens and Brooklyn. These amenities can be immediately monetized and will also help drive the pricing for a condo conversion in the future. This is a great opportunity to acquire a new construction residential asset in one of the borough?s fastest growing neighborhoods.