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56 North 9th Street 56 N 9th St

44 Unit Block of Flats £57,596,998 (£1,309,023/Unit) Brooklyn, NY 11249

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Investment Highlights

Luxury mixed-use property for sale.

Prime Williamsburg waterfront.

Executive Summary

· Core Mixed-Use Asset situated in Prime Williamsburg along the coveted waterfront
· 44 Residential Units | 33,000 SF of Retail & Commercial Space | Multi-level Covered Parking
· Fully occupied retail and commercial component boasting a 10-Year WALT
· Long Term 421A Abatement and ICAP Exemption as well as 5-Year Childcare Center Abatement
· Core Investment Opportunity providing highly durable Cash flow at a significant Discount to Replacement
· Proximity to Williamsburg’s trendiest restaurants, luxury shopping destinations and steps from the expansive waterfront oasis

Property Facts

Price	£57,596,998	Building Class	A
Price Per Unit	£1,309,023	Lot Size	0.39 AC
Sale Type	Investment	Building Size	99,878 SF
No. Units	44	Average Occupancy	100%
Property Type	Residential	Number of Floors	6
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Year Built	2018
Apartment Style	Mid Rise	Parking Ratio	0.86/1,000 SF

Price	£57,596,998
Price Per Unit	£1,309,023
Sale Type	Investment
No. Units	44
Property Type	Residential
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Apartment Style	Mid Rise
Building Class	A
Lot Size	0.39 AC
Building Size	99,878 SF
Average Occupancy	100%
Number of Floors	6
Year Built	2018
Parking Ratio	0.86/1,000 SF

Unit Amenities

Washer/Dryer
Wooden Floors

Ice Maker
Refrigerator

Stainless Steel Appliances

Views

Site Amenities

Clubhouse
Fitness Centre
Waterfront

Grill
Package Service
Pet Play Area

Storage Space
Bicycle Storage

Pet Care
Sundeck

Unit Mix Information

Description	No. Units	Avg. Rent.Mo	SF
Studios	8	-	450 - 500
1+1	9	-	700 - 750
2+2	25	-	850 - 1,300
3+3	2	-	1,300 - 1,400

1 of 1

aerial
map

56 N 9th St, Brooklyn, NY - aerial map view

Walk Score ®

Walker's Paradise (97)

Transit Score ®

Rider's Paradise (94)

Bike Score ®

Biker's Paradise (91)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number	02309-1201	Improvements Assessment	£4,841,616
Land Assessment	£631,536	Total Assessment	£5,473,152

PROPERTY TAXES

Parcel Number

02309-1201

Land Assessment

£631,536

Improvements Assessment

£4,841,616

Total Assessment

£5,473,152

zoning

Zoning Code	M1-2, R6A (Light industrial with offices, hotels, and most retail uses permitted.)
M1-2, R6A (Light industrial with offices, hotels, and most retail uses permitted.)