“56N9" is a newly constructed 6 story mixed use asset spanning 99,878 SF on the corner of North 9th Street and Kent Avenue along the Williamsburg waterfront. The asset is comprised of 44 well-appointed luxury residential units and 33,000 square feet of fully occupied retail and commercial space as well as a multi-level covered parking garage. The fully occupied retail and commercial component is spread across three floors with a 9.4Year WALT. The property provides unparalleled street exposure, boasting 270' feet of wraparound frontage directly across from the revamped Bushwick Inlet Park and a few steps away from Marsha P. Johnson State Park. 56N9 was built under a 25-Year 421A (80/20) and 25-Year ICAP providing significant cost controls and protected cashflows through 2044.