264 N 9th St - Apartments FOR SALE


Brooklyn, NY 11211- Williamsburg
$3,500,000 USD
706-255-5657
264 N 9th St, Brooklyn, NY for Sale
$3,500,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

264 N 9th St
Brooklyn, NY 11211
Williamsburg


HIGHLIGHTS

  • Prime Williamsburg!
  • 6,750 BSF as of right or 9,000 BSF with IH/IH Certs!
  • Condos selling for over $1,500/SF in immediate vicinity!

OVERVIEW

Back on the market: Introducing 264 N. 9th Street, a two-family in Prime North Williamsburg with a 450 SF above grade garage! For developers, this 2,500 SF lot is in mixed-use zoning (R6A/M1-2/IH) with an as-of-right FAR of 2.7 (6,750 BSF) and an FAR of 3.6 (9,000 BSF) with the inclusionary bonus and/or purchase of inclusionary housing certificates. For an end-user, this offers the opportunity to renovate and expand upon the existing two-family home and maintain the curb cut/garage in a neighborhood where it's exceedingly uncommon to have private parking. The building has been lovingly maintained by the same family for decades and is one of the last opportunities in the area. Feel free to reach out with questions about zoning, an architectural study about keeping the curb cut, or to set up a showing!

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$1,687 USD /SF

# OF UNITS

2

PRICE/UNIT

$1,750,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,527 SF

ZONING

R6A / M1-2 / IH

APN/PARCEL ID

02314-0020

ASK ABOUT THIS PROPERTY

Nathan HorneCompassMore Info
706-255-5657

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Nathan HorneCompassMore Info
706-255-5657

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.