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264 N 9th St
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264 N 9th St
2 Unit Block of Flats £2,783,522 (£1,391,761/Unit) Brooklyn, NY 11211
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INVESTMENT HIGHLIGHTS
- Prime Williamsburg!
- Condos selling for over $1,500/SF in immediate vicinity!
- 6,750 BSF as of right or 9,000 BSF with IH/IH Certs!
EXECUTIVE SUMMARY
Back on the market: Introducing 264 N. 9th Street, a two-family in Prime North Williamsburg with a 450 SF above grade garage!
For developers, this 2,500 SF lot is in mixed-use zoning (R6A/M1-2/IH) with an as-of-right FAR of 2.7 (6,750 BSF) and an FAR of 3.6 (9,000 BSF) with the inclusionary bonus and/or purchase of inclusionary housing certificates.
For an end-user, this offers the opportunity to renovate and expand upon the existing two-family home and maintain the curb cut/garage in a neighborhood where it's exceedingly uncommon to have private parking.
The building has been lovingly maintained by the same family for decades and is one of the last opportunities in the area.
Feel free to reach out with questions about zoning, an architectural study about keeping the curb cut, or to set up a showing!
For developers, this 2,500 SF lot is in mixed-use zoning (R6A/M1-2/IH) with an as-of-right FAR of 2.7 (6,750 BSF) and an FAR of 3.6 (9,000 BSF) with the inclusionary bonus and/or purchase of inclusionary housing certificates.
For an end-user, this offers the opportunity to renovate and expand upon the existing two-family home and maintain the curb cut/garage in a neighborhood where it's exceedingly uncommon to have private parking.
The building has been lovingly maintained by the same family for decades and is one of the last opportunities in the area.
Feel free to reach out with questions about zoning, an architectural study about keeping the curb cut, or to set up a showing!
PROPERTY FACTS Under Contract
Price | £2,783,522 | Apartment Style | Townhome |
Price Per Unit | £1,391,761 | Building Class | C |
Sale Type | Investment | Lot Size | 0.06 AC |
Sale Condition | Development Sale | Building Size | 2,075 SF |
No. Units | 2 | Number of Floors | 2 |
Property Type | Multifamily | Year Built | 1912 |
Property Subtype | Apartment | Parking Ratio | 1.45/1,000 SF |
Price | £2,783,522 |
Price Per Unit | £1,391,761 |
Sale Type | Investment |
Sale Condition | Development Sale |
No. Units | 2 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Townhome |
Building Class | C |
Lot Size | 0.06 AC |
Building Size | 2,075 SF |
Number of Floors | 2 |
Year Built | 1912 |
Parking Ratio | 1.45/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | Avg. Rent.Mo | SF |
---|---|---|---|
3+1 | 2 | - | - |
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Walk Score®
Walker's Paradise (99)
Transit Score®
Rider's Paradise (100)
Bike Score®
Biker's Paradise (93)
ZONING
Zoning Code | R6A / M1-2 / IH (6,750 BSF as of right / 9,000 BSF with IH Certs) |
R6A / M1-2 / IH (6,750 BSF as of right / 9,000 BSF with IH Certs) |
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264 N 9th St
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