Williamsbury 8 Unit Luxury Apartment House | 176 N 8th St
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Williamsbury 8 Unit Luxury Apartment House 176 N 8th St
8 Unit Apartment Building $5,995,000 ($749,375/Unit) 5.31% Cap Rate Brooklyn, NY 11211
Investment Highlights
- Perfectly located off Bedford Avenue in the Heart of Williamsburg, Brooklyn.
- Two Units to be delivered Vacant. All Units have their Own Individual Heated and Air-conditioned Split Systems.
Executive Summary
All Two Bedroom Units. High-Ceilings; 7 Units are Free Market Rent and 1 Unit is Rent Stabilized. All Units have their own Outdoor Decks. Washer and Dryer and Individual Storage Units are located in Lower Level. Excellent Condition Throughout. A Diamond. Full Security Systems. Details as to Income and Expenses.
Property Facts
| Price | $5,995,000 | Apartment Style | Mid Rise |
| Price Per Unit | $749,375 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 5.31% | Building Size | 5,000 SF |
| No. Units | 8 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2022 |
| Property Subtype | Apartment | Parking Ratio | 0.4/1,000 SF |
| Price | $5,995,000 |
| Price Per Unit | $749,375 |
| Sale Type | Investment |
| Cap Rate | 5.31% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 5,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1900/2022 |
| Parking Ratio | 0.4/1,000 SF |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Security System
- Basement
- Deck
Site Amenities
- Laundry Facilities
- Security System
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+1 | 8 | - | - |
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Walk Score ®
Walker's Paradise (99)
Transit Score ®
Rider's Paradise (100)
Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 02320-0012 | Improvements Assessment | $908,280 |
| Land Assessment | $5,400 | Total Assessment | $913,680 |
PROPERTY TAXES
Parcel Number
02320-0012
Land Assessment
$5,400
Improvements Assessment
$908,280
Total Assessment
$913,680
zoning
| Zoning Code | R6B (Multifamily Residential) |
| R6B (Multifamily Residential) |
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Williamsbury 8 Unit Luxury Apartment House | 176 N 8th St
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