Theo Eastwind - Commercial Real Estate Showcase

Theo Eastwind Property Listings
Capri Jet Realty
533 Metropolitan Ave
Brooklyn, NY 11211
(718) 388-2188
(718) 384-2670

141 N 8th Street

Brooklyn, NY 11249-2054 - Greenpoint MF Submarket

Property Type:Multi-Family Number of Units:10 Status:Existing Year Built:1910
Stories:4 Building Size:7,550 SF Land Area:.06 AC (2,500 SF)
For Sale Price:$7,800,000 Price/Unit:$780,000.00 Cap Rate:4.00 % GRM:-


Sale Notes:
~ 141 N 8th St, Brooklyn NY 11249 ~
10 Unit de-regulated solid brick building in the center of Williamsburg!
(Front & Back Building)
***Asking Price $8,500,000***
With $353,100 in annual income this trophy building holds continued upside on Williamsburg' s ever growing and developing Northside.
7500 SF of living space boast exposed brick walls and tasteful renovations.
With the increase in desirability of North Williamsburg and Greenpoint prices for both rentals and sales have risen dramatically while inventory has plummeted. This monstrous property offers immediate returns in a secure neighborhood surrounded by strong demographics.
Capital improvements in the neighborhood are scheduled to take place in the near future making this building an opportunity rarely seen in this booming market.
Front House: 25 x 60 ft
Back House: 25 x 25 ft
Lot Dimensions: 25 x 100 ft
Zoning: R6B
FAR: 2.0; FAR as built: 3.02
Current Rent Roll: $353,100/Yr w/ a potential for growth!
Expenses: $26,318/Yr
This is a MUST SEE!
Call TODAY to schedule a private viewing!

Capri Jet Realty
Theo Eastwind
(718) 388-2188

Robert Napolitano
(718) 388-2093 x10

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