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56 N 9th St
Brooklyn, NY 11249

$73,000,000 USD

Apartments For Sale • 99,878 SF

Property Details

Property Type Apartments
Total Building Size 99,878 SF
Lot Size 0.39 AC
Building Class A
Year Built 2018
Zoning M1-2, R6A

94 Transit Score

97 Walk Score

                
                    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)

Amenities

Clubhouse
Fitness Center
Washer/Dryer
Waterfront
Grill
Package Service
Pet Play Area
Hardwood Floors
Ice Maker
Refrigerator
Stainless Steel Appliances
Views
Storage Space
Bicycle Storage
Pet Care
Sundeck

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hunterspoint Avenue Station (Hempstead Branch - Long Island Rail Road, Oyster Bay Branch - Long Island Rail Road)	9 min	-	2.3 mi
Grand Central Terminal (Harlem Line - Metro-North Commuter Railroad Company (Metro-North), Hudson Line - Metro-North Commuter Railroad Company (Metro-North), New Haven Line - Metro-North Commuter Railroad Company (Metro-North))	14 min	-	4.3 mi
Transit/Subway	Drive	Walk	Distance
Bedford Avenue (L - New York MTA Subway (The Subway))	1 min	7 min	0.4 mi
Nassau Avenue (G - New York MTA Subway (The Subway))	3 min	12 min	0.7 mi
Metropolitan Avenue (G - New York MTA Subway (The Subway))	4 min	15 min	0.8 mi
Lorimer Street (L Line) (L - New York MTA Subway (The Subway))	4 min	16 min	0.8 mi
Greenpoint Avenue (G - New York MTA Subway (The Subway))	4 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
La Guardia	17 min	-	7.6 mi
Newark Liberty International	33 min	-	15.6 mi
John F. Kennedy International	28 min	-	15.6 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes

Chirag Doshi 516-974-8419 Meridian Capital Group, LLC

56 N 9th St Brooklyn, NY 11249