56 N 9th St - Apartments FOR SALE
Brooklyn, NY 11249 |
56 N 9th St
Brooklyn, NY 11249
HIGHLIGHTS
- 6-story Elevatored Mixed Use asset situated along the Williamsburg Waterfront on Kent Avenue
- 44 Residential Units with Favorable Unit Mix and Luxurious Amenities
- 100% Occupied Retail and Commercial across 33,000 SF | 9.4 Year WALT
- Long term 421A abatement and ICAP exemption as well as a 5-year Childcare Center Abatement
- Core Investment Opportunity offering resilient cashflow at a discount to replacement in an exceptional Williamsburg location
- Reduced Asking Price: $73,000,000 (6.28% Cap Rate | $730/SF)
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
56N9
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
ADD'L SUBTYPES
Storefront Retail/Residential, Office/Residential
TOTAL BUILDING SIZE
65576
STORIES
6
YEAR BUILT
2019
PARKING SPACES
86
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
02309-1201,02309-1202
