About this property
8 Family in Williamsburg’s Prime Northside!
Very Rare Investor’s Opportunity! Located on North 9th St, right between Bedford Ave and Berry St, this property is only 3 blocks away from the waterfront, Marsha Johnson State Park and McCarren Park, 0.5 miles to East River Ferry, 2 blocks away from Bedford Ave L train station, and is surrounded by trendy shops, stores, supermarkets, restaurants, eateries and so much more.
This frame 8 family building with legal basement office is the perfect investment property with healthy upside. With an NOI of $210,000 and rents below market this investment piece has great potential. Currently 7 of the 8 units are FREE MARKET with a single studio remaining on the first floor. All tenants have 1 year leases allowing for the building to be gradually vacated over a 12 month period.
Building: 25 x 55 ft
Lot: 25 x 100 ft
FAR: 2.20; Max FAR: 2
Great Investment Opportunity!
Call TODAY for a Full Set Up!
*Disclaimer: All Information provided is deemed reliable but is not guaranteed and should be independently verified.