Contacts
Grand Success Realty
Evergreen Realty & Investments
Property Details
- Property Type Mixed Use
- Property Size 77,664 SF
- Units 30
- Lot Size 0.39 Acre
- # of Floors 10
- Parking Spaces Avail. 60
- Parking Ratio 0.77 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 2009
- Date Updated Feb 23, 2026
Ten-story mixed-use elevator building built in 2009 featuring 29 residential lofts with 20' ceilings, all fully occupied including 6 affordable units, plus an 8,300 SF commercial unit with elevator access, half of which was recently leased for $14,000 per month to a high-end gym; the property includes three levels of parking with 60 spots generating monthly income, potential to add an additional 6,985 SF of parking on the second-floor roof, cellar storage, and a loading dock, with a 421a tax exemption in place through July 2038; the building measures 77,664 SF on a 96.08' x 183.33' lot, has a legal residential rent roll of $1,401,975 per year, current gross annual income of $2,158,235, current net annual income of approximately $1,863,163, projected total gross income of approximately $2,352,375 upon full commercial lease-up, and an actual cap rate of 7.76%.
Reach out to the broker for more info on lease terms and amenities
Highlights
- 25-YEAR 421A TAX ABATEMENT
- 100% OCCUPIED
- 30 UNITS IN PRIME WILLIAMSBURG
- 60 PARKING SPOTS
Attachments
Getting around
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98/100
Walk Score ®
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100/100
Transit Score ®
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91/100
Bike Score ®
Location
- City Brooklyn, NY
- Neighborhood Williamsburg
- Zip Code 11211
- Market Brooklyn
Points of Interest
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Lorimer Street
0.14 miles
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Bedford Av Subway Station L line
0.42 miles
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Marcy Avenue
0.43 miles
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Hewes Street
0.43 miles
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Grand Street
0.63 miles
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Flushing Avenue
1.07 miles
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Greenpoint Avenue
1.27 miles
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New Bell Car Service
1.34 miles
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Bedford–Nostrand Avenues
1.62 miles
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Classon Avenue
1.72 miles
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BP
0.58 miles
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Tesla Supercharger
0.64 miles
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Bolla
0.67 miles
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Spirit
0.72 miles
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ChargePoint
0.89 miles
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Revel
0.96 miles
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Citgo
1.01 miles
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Gulf
1.08 miles
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Blink
2.08 miles
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Bus Charging Station
2.57 miles
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NYPD Brooklyn Tow Pound
1.65 miles
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MTA NYCT Emergency Response Unit
1.69 miles
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FDNY Fleet Services
1.84 miles
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MMP Parking LLC
1.86 miles
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Village View Parking Area 3
1.88 miles
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Park Kwik
1.89 miles
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Edison Park Fast
1.90 miles
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Skyport
1.90 miles
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Delancey & Essex Municipal Garage
1.92 miles
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Village View Parking Area 2
1.93 miles
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Hotel Indigo
0.03 miles
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Hotel Le Jolie
0.26 miles
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The Pod
0.36 miles
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42 Hotel
0.42 miles
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McCarren Hotel & Pool
0.56 miles
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Hoxton
0.63 miles
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Wythe Hotel
0.67 miles
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Arlo Williamsburg
0.68 miles
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The William Vale
0.68 miles
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New York Moore Hostel
0.98 miles
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Sunac Natural Foods
0.07 miles
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Wize Organic Market
0.19 miles
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C-Town
0.26 miles
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Ozzie;s Fresh Marker
0.33 miles
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Foodtown
0.39 miles
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Shop Fair
0.41 miles
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Mr. Pina
0.43 miles
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Whole Foods Market
0.43 miles
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Midoriya
0.44 miles
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MUJI
0.61 miles