62 N 9th St 6 Unit Apartment Building $7,000,000 ($1,166,667/Unit) 6.53% Cap Rate Brooklyn, NY 11249

INVESTMENT HIGHLIGHTS

  • New Construction-4-Story Walkup-6,756SF- Mixed Use Building-5 Residential Units-1 Retail Store-Delivered Vacant-100% Free Market

EXECUTIVE SUMMARY

Halo Realty is proud to present 62 North 9th Street, an exceptional investment opportunity in the heart of Williamsburg, Brooklyn. This newly constructed, four-story mixed-use property spans approximately 6,756 square feet and features five high-end residential units alongside a prime commercial space. Strategically positioned between Kent and Wythe Avenues, the property benefits from its proximity to key transportation hubs, including the [L] and [G] subway lines, as well as major lifestyle destinations such as McCarren Park and Marsha P. Johnson State Park. Located just moments from the East River waterfront, this offering provides unparalleled access to Williamsburg’s thriving retail, dining, and cultural scene. Delivered vacant, 62 North 9th Street presents a rare opportunity for investors or owner-users to capitalize on a premier asset in one of Brooklyn’s most sought-after neighborhoods

FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

PROPERTY FACTS

Price $7,000,000
Price Per Unit $1,166,667
Sale Type Investment
Cap Rate 6.53%
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
  • Office Office Residential
Apartment Style Mid-Rise
Building Class B
Lot Size 0.06 AC
Building Size 6,756 SF
No. Stories 4
Year Built 2021

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Heating
  • Eat-in Kitchen
  • Hardwood Floors
  • Refrigerator
  • Stainless Steel Appliances
  • Range
  • Tub/Shower

SITE AMENITIES

  • Walk-Up

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 4 $5,625 800
2+2 1 $7,500 1,100
Walk Score®
Walker's Paradise (97)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (91)

PROPERTY TAXES

ZONING

Zoning Code M1-2/R6A, MX-8 (Since this area is in MX-8, both manufacturing (M1-2) and residential (R6A) uses are allowed.)
  • Listing ID: 34975158

  • Date on Market: 7/10/2024

  • Last Updated:

  • Address: 62 N 9th St, Brooklyn, NY 11249