112 Harrison Pl
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112 Harrison Pl
4 Unit Block of Flats £2,251,528 (£562,882/Unit) 5.99% Net Initial Yield Brooklyn, NY 11237
Executive Summary
Welcome to 112 Harrison Place, a mixed-use property in the vibrant and rapidly developing neighborhood of East Williamsburg. This property offers a free market setup with four 3-bedroom/1-bath apartments and one versatile retail unit, all strategically situated just two blocks north of Flushing Avenue and one block east of Knickerbocker Avenue.
Residential Apartments: Featuring four 3-bedroom, 1-bath units, these apartments offer a perfect blend of convenience and style for anyone who wants to live in one of Brooklyn’s most sought-after neighborhoods.
Commercial Space: The ground floor currently houses a restaurant, benefiting from its prime street-level location, high foot traffic, and excellent visibility. This space is also ideal for retail stores, cafés, studios, or offices, offering a prime location to grow your business.
Neighborhood Highlights: East Williamsburg is renowned for its artistic vibe, trendy eateries, and vibrant nightlife. Residents and business owners alike will enjoy:
-Proximity to public transportation, including the Morgan Ave L -Train Subway Station just two blocks away
-A diverse selection of restaurants, bars, and cafes
-Boutiques, art galleries, and cultural hotspots
-Nearby parks and recreational areas
A strong sense of community and dynamic urban energy
Nestled in an area experiencing rapid development, with projects like 187 Cook Street (a 92-key hotel) and 198 Johnson Avenue (a 117-unit property), this location is thriving. The current retail tenant has flourished in this prime spot.
Don’t miss the chance to be part of East Williamsburg’s exciting growth. 112 Harrison Place offers the perfect blend of residential luxury and commercial opportunity in one of New York City's most dynamic neighborhoods.
Contact me today to schedule a viewing and see firsthand what makes 112 Harrison Place the ideal investment.
Residential Apartments: Featuring four 3-bedroom, 1-bath units, these apartments offer a perfect blend of convenience and style for anyone who wants to live in one of Brooklyn’s most sought-after neighborhoods.
Commercial Space: The ground floor currently houses a restaurant, benefiting from its prime street-level location, high foot traffic, and excellent visibility. This space is also ideal for retail stores, cafés, studios, or offices, offering a prime location to grow your business.
Neighborhood Highlights: East Williamsburg is renowned for its artistic vibe, trendy eateries, and vibrant nightlife. Residents and business owners alike will enjoy:
-Proximity to public transportation, including the Morgan Ave L -Train Subway Station just two blocks away
-A diverse selection of restaurants, bars, and cafes
-Boutiques, art galleries, and cultural hotspots
-Nearby parks and recreational areas
A strong sense of community and dynamic urban energy
Nestled in an area experiencing rapid development, with projects like 187 Cook Street (a 92-key hotel) and 198 Johnson Avenue (a 117-unit property), this location is thriving. The current retail tenant has flourished in this prime spot.
Don’t miss the chance to be part of East Williamsburg’s exciting growth. 112 Harrison Place offers the perfect blend of residential luxury and commercial opportunity in one of New York City's most dynamic neighborhoods.
Contact me today to schedule a viewing and see firsthand what makes 112 Harrison Place the ideal investment.
Property Facts
| Price | £2,251,528 | Building Class | B |
| Price Per Unit | £562,882 | Lot Size | 0.06 AC |
| Sale Type | Investment | Building Size | 5,250 SF |
| Net Initial Yield | 5.99% | Average Occupancy | 100% |
| No. Units | 4 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1930 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | £2,251,528 |
| Price Per Unit | £562,882 |
| Sale Type | Investment |
| Net Initial Yield | 5.99% |
| No. Units | 4 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 5,250 SF |
| Average Occupancy | 100% |
| Number of Floors | 3 |
| Year Built | 1930 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
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Walk Score ®
Walker's Paradise (94)
Transit Score ®
Rider's Paradise (93)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 03004-0029 | Improvements Assessment | £354,793 |
| Land Assessment | £120,161 | Total Assessment | £474,954 |
PROPERTY TAXES
Parcel Number
03004-0029
Land Assessment
£120,161
Improvements Assessment
£354,793
Total Assessment
£474,954
zoning
| Zoning Code | M1-1 |
| M1-1 |
-
Sami Maalouf -
Christie's International Real Estate
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